{"id":73612,"date":"2025-08-18T09:17:44","date_gmt":"2025-08-18T09:17:44","guid":{"rendered":"https:\/\/coinjournal.net\/?p=330155"},"modified":"2025-08-18T09:17:44","modified_gmt":"2025-08-18T09:17:44","slug":"dogecoin-price-falls-to-0-22-after-pattern-breakdown","status":"publish","type":"post","link":"https:\/\/coinalsat.com\/en\/dogecoin-price-falls-to-0-22-after-pattern-breakdown\/","title":{"rendered":"Dogecoin price falls to $0.22 after pattern breakdown"},"content":{"rendered":"\n<ul>\n<li><span style=\"font-weight: 400;\">Dogecoin price is down 5% in 24 hours to hover near $0.22.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">The DOGE price movement is similar to that of most altcoins that are seeing profit-taking.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Analysts are bullish on DOGE as whale accumulation continues.<\/span><\/li>\n<\/ul>\n<p>Dogecoin (DOGE) has experienced a slight decline in the past 24 hours, dropping to lows of $0.22 amid a technical pattern breakdown.<\/p>\n<p>The top memecoin&#8217;s price movement mirrors the broader cryptocurrency market&#8217;s <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/news\/xrp-price-down-3-95-in-24-hours-as-market-liquidations-exceed-1-billion\/\">price action<\/a> in the past few days.<\/p>\n<p>Bitcoin dipping to below $117k and Ethereum paring gains from near its all-time high buoyed bears.<\/p>\n<p>While profit taking is driving current downside pressure, analysts are bullish on Dogecoin amid whale accumulation, spot ETF anticipation and long-term crypto trajectory.<\/p>\n<h2>Dogecoin price dips amid profit-taking<\/h2>\n<p>The latest decline in Dogecoin&#8217;s price has seen it breach a critical support level, driven by profit-taking and overall investor uncertainty.<\/p>\n<p>DOGE reached highs of $0.24 as bulls attempted a breakout after an uptick from lows of $0.21 in the past week.<\/p>\n<p>But as investors, wary of macroeconomic uncertainties, took profits, the top memecoin&#8217;s price dropped from above $0.24.<\/p>\n<p>The move aligns with a rising wedge breakdown, which has accelerated the downturn to the support level around $0.22.<\/p>\n<p>Bulls could face more pressure towards the psychological $0.20 area.<\/p>\n<p>Despite the bearish price action, on-chain data reveals large investors are buying the dip.<\/p>\n<p>Whale wallets, which have historically scooped DOGE amid price dips, have added to their portfolios.<\/p>\n<p>Aggressive buying by whales has seen such wallets approach 100 billion DOGE in the past few weeks, the trend picking up momentum in the latest dip.<\/p>\n<p>This is an outlook that could help DOGE price higher.<\/p>\n<p>However, the memecoin is likely to hit the rocks if the Dogecoin network suffers a setback from a potential 51% attack, which could undermine network integrity if executed.<\/p>\n<h2>DOGE price prediction<\/h2>\n<p>The technical outlook for Dogecoin remains largely bullish, despite its notable dip in the past 24 hours.<\/p>\n<p>However, <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/news\/doge-dips-6-as-crypto-bulls-suffer-huge-losses-check-forecast\/\">losses<\/a> have compounded to more than 12% in the past month, and the breakdown below $0.23, a critical threshold, has opened the door to further downside risks.<\/p>\n<p>DOGE has, on multiple occasions, failed to convincingly break above the $0.24 mark.<\/p>\n<p>With this supply wall helping to repeatedly cap Dogecoin&#8217;s upward potential, bears have tried to take advantage.<\/p>\n<p>The breakdown of the rising wedge means the next target could be $0.20 or below.<\/p>\n<p>Broader market conditions deteriorating will embolden bears.<\/p>\n<figure id=\"attachment_330156\" aria-describedby=\"caption-attachment-330156\" class=\"wp-caption alignnone\"><img data-source=\"CoinJournal\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-330156\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/08\/DOGEUSDT_2025-08-18_11-46-26.png\" alt=\"\" width=\"1057\" height=\"571\"><figcaption id=\"caption-attachment-330156\" class=\"wp-caption-text\"><a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/symbols\/DOGEUSDT\/\">DOGE chart<\/a> by TradingView<\/figcaption><\/figure>\n<p>Conversely, bullish signs that could help bulls include the recently formed golden cross and whale activity.<\/p>\n<p>The technical indicators on the daily chart also show that DOGE is above the middle line of the Bollinger Bands, and the MACD is also holding onto the bullish picture.<\/p>\n<p>Daily RSI is suggesting extended pressure, though.<\/p>\n<p>If buyers reclaim the $0.23 level, a retest of $0.40 and $0.65 is possible. Analysts <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/x.com\/ali_charts\/status\/1957019068940406933\">say<\/a> a breakout to $1 in 2025 is still possible.<\/p>\n<p>The post <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/news\/dogecoin-price-falls-to-0-22-after-pattern-breakdown\/\">Dogecoin price falls to $0.22 after pattern breakdown<\/a> appeared first on <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\">CoinJournal<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"\n<p>Dogecoin price is down 5% in 24 hours to hover near $0.22. The DOGE price movement is similar to that of most altcoins that are seeing profit-taking. Analysts are bullish on DOGE as whale accumulation continues. Dogecoin (DOGE) has experienced a slight decline in the past 24 hours, dropping to lows of $0.22 amid a [&#8230;]<\/p>\n<p>The post <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/news\/dogecoin-price-falls-to-0-22-after-pattern-breakdown\/\">Dogecoin price falls to $0.22 after pattern breakdown<\/a> appeared first on <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\">CoinJournal<\/a>.<\/p>\n","protected":false},"author":5,"featured_media":73613,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[48],"tags":[],"class_list":["post-73612","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Dogecoin price falls to $0.22 after pattern breakdown - CoinAlSat.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinalsat.com\/en\/dogecoin-price-falls-to-0-22-after-pattern-breakdown\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dogecoin price falls to $0.22 after pattern breakdown - CoinAlSat.com\" \/>\n<meta property=\"og:description\" content=\"Dogecoin price is down 5% in 24 hours to hover near $0.22. The DOGE price movement is similar to that of most altcoins that are seeing profit-taking. Analysts are bullish on DOGE as whale accumulation continues. 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The DOGE price movement is similar to that of most altcoins that are seeing profit-taking. Analysts are bullish on DOGE as whale accumulation continues. 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