📉 Current Situation $DOGE coin
Recently, Dogecoin has dropped — price slid below key support zones. A breach under the roughly $0.18 support confirmed bearish momentum and triggered heavier selling pressure.
CoinDesk
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BTCC
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On 12-hour chart, $DOGE seems to be forming a “falling wedge” consolidation pattern. This is sometimes seen as a setup for a possible bullish breakout — if it reverses upward.
AInvest
But there’s also a bearish warning: many moving averages — including 20-day, 50-day, and 200-day — sit above current price, meaning DOGE remains in a downtrend in the mid-term.
BTCC
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🔭 What Could Happen — Possible Scenarios
✅ Bullish / Neutral Case
If DOGE breaks out above the upper trendline of the falling wedge (with strong trading volume), analysts see a potential bounce toward $0.21–$0.25 by end of 2025.
Blockchain News
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Some more optimistic projections — assuming more momentum and enough buying — suggest DOGE could push toward $0.27–$0.30 in the near-term.
AInvest
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⚠️ Bearish / Wait-and-See Case
If DOGE fails to reclaim support zones and breaks below key support levels (some analyses mark around $0.14–$0.15 as danger zone), price could slip further.
AInvest
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Without strong volume or renewed interest — especially from whales/institutional investors — sustained upward moves may remain difficult
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