DOGE Price Prediction: ETF Meets Bearish Reality as Dogecoin Prints Fresh Lower Lows
CoinDesk
Dogecoin's price declined despite ETF speculation and rising network activity as technical breakdowns confirmed bearish momentum.Summary
Dogecoin (DOGE) experienced a price drop, falling from $0.1522 to $0.1477, despite increased network activity and renewed speculation surrounding spot DOGE ETF filings by entities like 21Shares and Grayscale. Technical analysis revealed a decisive breakdown below the key support level of $0.1487, confirmed by a surge in high-volume institutional or algorithmic trades, suggesting sellers are in control. This bearish technical posture is overshadowing improving on-chain metrics, such as active addresses reaching their highest level since September. For bulls to regain control, DOGE must reclaim the $0.1487–$0.1510 region; otherwise, the price risks further continuation toward $0.1450 and potentially $0.1425.
(Source：CoinDesk)