Is Dogecoin (DOGE) just pretending to be dead? Here are its prospects at the end of June 2025!

Updated

June 20, 2025

Gambar Is Dogecoin (DOGE) just pretending to be dead? Here are its prospects at the end of June 2025!

Jakarta, Pintu News – Dogecoin , the cryptocurrency famous for its funny memes, seems to be on a significant decline. Recent technical analysis by Tony “The Bull” Severino, CMT, suggests that Dogecoin may no longer be as active as before. Using monthly charts, Severino shows that Dogecoin’s momentum is weakening, which could be a bad signal for holders.

Dogecoin (DOGE) Technical Analysis

Dogecoin 1M LMACD looks like it wants to roll over and play dead pic.twitter.com/PcuSKMk6pk
— Tony "The Bull" Severino, CMT (@TonyTheBullCMT) June 17, 2025

On the monthly chart published on TradingView, Dogecoin is shown to have decreased by 2.3% in one session, with the last price at $0.1694. Severino marked three key points where Dogecoin peaked and then experienced a significant decline.

These points include the peak in January 2018, the big spike in May 2021, and the most recent drop below $0.26. The long-term MACD indicator (LMACD) used by Severino shows almost the same pattern as the previous period. Whenever the LMACD fast line crosses below the signal line, Dogecoin experiences a sharp decline. Currently, the histogram shows a negative value of -0.0263, which could be an early indicator of a further decline.

Also Read: Bitcoin Survives Global Uncertainty, Will it Continue to Rise?

Price Prediction and Momentum

With the LMACD showing a bearish crossover, this could be a signal that Dogecoin is due for a deeper drop. If the Dogecoin price closes below $0.13, this could open the door for a drop to the cycle low of $0.0491.

This suggests that the current momentum may not be strong enough to return the Dogecoin price to its previous peak. Severino emphasized that the current market structure suggests that Dogecoin is stuck between historical support around $0.05 and resistance at $0.48. Without significant new demand, this bearish crossover may continue to dominate Dogecoin’s price movements for the foreseeable future.

Broader Context and Market Implications

This analysis comes at a time when crypto market liquidity in general is thinning out ahead of the summer, and risk appetite seems to be declining across digital assets. External factors such as the delay in interest rate cuts by the US Federal Reserve and geopolitical tensions between Israel and Iran are also contributing to the cautious market sentiment.

For long-term traders who pay more attention to momentum than memes, the signals provided by these monthly crossovers may be more significant than viral tweets. While history doesn’t always repeat itself in the same way, the patterns shown by LMACD have proven consistent in forecasting Dogecoin’s decline.

Conclusion

Although Dogecoin (DOGE) currently seems to be struggling, only time will tell if this is the end of the game or just a lull before the next price surge. Investors and market watchers should pay close attention to technical indicators and external factors that could affect the Dogecoin price in the future.

Also Read: Is it Time to Invest in Solana (SOL)? New ETF Fuels Speculation!

That’s the latest information about crypto. Follow us on Google News for the latest crypto and blockchain technology updates. Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now.

Experience web trading with advanced trading tools such as pro charting, various order types, and portfolio tracker only at Pintu Pro. Pintu Pro Futures is also available, where you can buy bitcoin leverage, trade btc futures, eth futures and sol futures easily from your desktop!

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.