Dogecoin Price Prediction: Bearish Chart Meets Bullish On-Chain Moves – Which Side Wins Next?
Dogecoin has skilled a months-long downtrend as bearish chart alerts reveal worth has surrendered essential $0.15-$0.20 assist ranges, leading to DOGE declining over 60% year-to-date.
However, newly rising on-chain exercise suggests the Dogecoin price prediction is break up between bullish reversal and bearish continuation eventualities.
Long-Term Holders Accumulate as Speculative Supply Contracts
According to Glassnode data, Dogecoin speculative provide is contracting whereas longer-term holders show early accumulation alerts.
The 1-year to 2-year holder cohort has expanded its share of Dogecoin provide from roughly 21.84% to 22.34%. While the rise seems modest, the sign carries significance.

These holders sometimes accumulate solely after they consider draw back danger is starting to decrease.
Network coin exercise, measured through the spent cash metric, reinforces this angle.
The on-chain quantity spent on cash has plummeted sharply.
The spent coins age band metric dropped from roughly 251.97 million DOGE to about 94.34 million DOGE, representing a decline exceeding 60% in coin motion.
Reduced coin exercise doubtlessly signifies fewer holders are speeding to switch or liquidate tokens.
Historically, comparable exercise declines have preceded short-term reduction rallies in Dogecoin.
Earlier in December, a comparable slowdown preceded a rally from close to $0.132 to $0.151, a virtually 15% transfer inside three days.
Dogecoin Price Prediction: 4-Hour Chart Shows Defined Downtrend Structure
The chart reveals Dogecoin buying and selling in a well-defined downtrend on the 4-hour timeframe, with worth at present hovering across the $0.125 area.
Market construction stays bearish, characterised by decrease highs and decrease lows, and worth continues to commerce beneath all highlighted resistance zones. The most speedy degree to observe is the $0.12 space, which has been marked as a crucial assist.

This degree is performing as a requirement ground for now, however repeated exams weaken its power, rising the chance of a breakdown if sellers stay dominant.
On the upside, the $0.14 zone stands out as an vital resistance, aligning with prior consolidation and a number of rejection factors.
As lengthy as Dogecoin stays beneath this degree, upside makes an attempt are more likely to be corrective quite than trend-reversing. A extra significant bullish affirmation would solely emerge if worth reclaims and holds above the broader $0.16 resistance band.
Such a transfer would sign a shift in momentum and will open the door for a restoration towards $0.18 first and doubtlessly $0.20–$0.21, which aligns with the upper goal ranges marked on the chart.
Until then, rallies into resistance are more likely to entice promoting strain.
Momentum indicators reinforce the cautious outlook.
The RSI is sitting close to the low-40s, beneath the impartial 50 degree, indicating weak momentum and a market that also favors sellers.
While RSI is just not deeply oversold, suggesting room for short-term bounces, it doesn’t but present the power sometimes related to development reversals.
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