DOGE Price Prediction: Dogecoin Slumps 9% Amid Bitcoin Weakness. Is a Larger Dump Coming?

Dogecoin (DOGE) experienced a significant drop, falling nearly 8% after collapsing below its critical $0.1495 support level, which signals a structural shift toward an active downtrend. This breakdown was confirmed by a massive trading volume spike (1.56 billion tokens traded, 6.5 times the daily average), suggesting liquidation or algorithmic selling rather than retail activity. The selloff coincided with market-wide risk aversion and disappointing first-week inflows of only $2.16 million for the new Grayscale and Bitwise DOGE ETFs, which failed to attract expected institutional interest. Technically, DOGE is consolidating between $0.1372 and $0.1383 after hitting lows near $0.1370. For a reversal, DOGE must convincingly reclaim the broken support at $0.1495, with the next immediate support sitting at $0.1370; failure there could expose the $0.1350–$0.1320 range.

(Source：CoinDesk)