NewsBTC
Dec 16, 2025
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Dogecoin Faces Two Scenarios Amid Price Squeeze and Market Volatility

Crypto analyst Erick Crypto discusses potential scenarios for Dogecoin's price movement amid a current price squeeze:

  • The price is forming a descending triangle with horizontal support at $0.136, indicating possible breakout or breakdown.
  • If Dogecoin falls below $0.13, there could be further downside. Conversely, breaking the trendline might trigger a relief rally.
  • The broader crypto market downturn and lack of traction despite new DOGE ETFs contribute to its over 20% decline in the past month.
  • Potential BOJ interest rate hikes may further pressure the market, affecting liquidity and possibly leading to more declines.

Additional insights from other analysts include:

  • CryptoCeek: If DOGE drops below $0.13, it may test $0.10, where historical buying occurs. Reclaiming $0.14 could signal a bear trap with a potential rise to $0.19.
  • Master: DOGE may trade sideways until 2028, but could bounce back from around $0.10 as bulls accumulate.

Dogecoin

The market remains uncertain, with external economic factors and investor sentiment influencing Dogecoin's trajectory.