Analyst Predicts Dogecoin Could Drop to $0.05 by 2026

Dogecoin (DOGE) is currently trading at $0.14, with analyst VisionPulsed suggesting it could drop to the $0.05-$0.06 range within the next 12 months.

  • VisionPulsed argues that if Bitcoin remains in a bear market, DOGE could face further declines.
  • The analysis points to Bitcoin's price sitting below key levels, citing an 8-day moving average near $102,000 and critical levels around $103,000.
  • Historically, even during Bitcoin relief rallies, DOGE has struggled, making lower lows instead of higher ones.
  • The potential for DOGE to reach $0.10 exists before possibly dropping further, depending on Bitcoin's performance.
  • A significant Bitcoin rally could prevent DOGE from reaching the $0.05 target, invalidating the bearish outlook.
  • If Bitcoin hits a new all-time high by February, DOGE may avoid the projected decline.

Currently, DOGE trades at $0.14, reflecting a potential drawdown of approximately 64% if it reaches the anticipated low. The situation remains dependent on Bitcoin's market trajectory.

Dogecoin price analysis

Dogecoin price chart