Dogecoin Price Prediction: DOGE Slides in Extreme Fear Market – Can DOGE Fall Below $0.01?
Market sentiment is placing strain on extra speculative performs, dampening bullish Dogecoin price predictions.
The Fear and Greed Index has fallen into excessive worry for the primary time since April, and with it, capital is being withdrawn from tokens carefully tied to social sentiment like meme coins.
Dogecoin has not been exempt, bleeding 16% since its early-month peak because the index plummeted from “impartial” sentiment at 43 to its present 12.
However, the place DOGE differs from most meme cash is its potential for regulated publicity in U.S. TradFi markets, with Bitwise and Grayscale spot DOGE ETFs in the pipeline.
The 20-day countdown to automated approval beneath Section 8(a) of the Securities Act ends Monday. Barring SEC intervention, the doorways might quickly open for institutional-grade demand.
With this bullish narrative and the contemporary capital inflows it might appeal to, Dogecoin might discover the energy it must navigate this era of market FUD.
Dogecoin Price Prediction: Can DOGE Fall Below $0.01?
Dogecoin stays beneath strain, however the robust confluence of help at $0.1550 might flip its newest bounce right into a launchpad transfer.
This degree aligns with the decrease boundary of a year-long descending triangle and the 0.5 Fib retracement from DOGE’s earlier bull cycle, a typical backside marker in corrections.
A current double-bottom provides weight to the setup, positioning $0.155 as the bottom for a breakout try, eying a stronger footing with a flip of previous $0.20 resistance into help.
Momentum indicators help the transfer.
The RSI has fashioned a bearish divergence with the next low, whereas decrease time frames present decrease Dogecoin worth lows, suggesting weakening promote strain. The MACD echoes the shift, narrowing again towards the sign line after a quick demise cross.
A clear triangle breakout units up a measured transfer of roughly 220% to previous highs round $0.50, and a completely realised goal of $1 for a possible 540% achieve.
Still, a sustained push like this doubtless requires worth motion to align extra with bullish narratives like ETFs. Without approval, Dogecoin might face a sample breakdown.
A crash to $0.01 seems to be unlikely with asset managers betting on the coin, although the 0.382 Fib ranges at $0.115 and $0.085 stand out as credible draw back helps.
Maxi Doge: Speculators Are Eying This Doge Coin Instead
Doge-branded tokens typically carry the strongest social momentum. The final time the market hit excessive worry, Dogecoin bounced again with a 120% achieve.
History reveals the sample clearly: Shiba Inu carried the torch from Dogecoin in 2021, then Floki, Bonk, Dogwifhat, and most lately, Neiro.
Every bull run ultimately delivers a brand new parabolic Doge-themed runner.
For 2025, imminent spot DOGE ETFs and the DOGE-1 lunar mission create the proper social catalyst for a brand new frontrunner, and speculators are eyeing Maxi Doge ($MAXI) as the following moonshot.
The hype is already translating into numbers. The $MAXI presale has nearly $4.1 million, whereas early backers are incomes as much as 76% APY by means of staking rewards.
For those that missed out on Doge waves earlier than, MaxiDoge might signify the following likelihood to catch a meme coin breakout earlier than it takes off.
Visit the Official Maxi Doge Website Here
The put up Dogecoin Price Prediction: DOGE Slides in Extreme Fear Market – Can DOGE Fall Below $0.01? appeared first on Cryptonews.
