How Low Can Dogecoin Go Before Rebounding? Forecasts by Experts
Dogecoin (DOGE) has lost almost 40% of its value. After trading at $0.48 on December 8, the meme-inspired cryptocurrency fell to $0.2638 on December 20, sparking speculation about its future.
The market expected three rate cuts in 2025, but the FOMC now expects two, reflecting a more cautious stance despite inflationary pressures. This change in viewpoint caused widespread selling of risky assets, including cryptocurrency.
Dogecoin has had numerous major corrections before its cycle peaks, thus the present pullback—similar to earlier 50% drawdowns—may reflect standard bull market structure rather than fundamental weakness.
In the last cycle, Dogecoin had three 50% corrections before its apex, according to Kevin. Based on historical analysis, tapping macro structural support and the macro golden pocket below would represent a 45% correction from the high, enough to continue the uptrend. If we drop $0.26 cents on a weekly close, I'll worry about this market structure, but until then this is a regular bull market pullback.”
Kevin also emphasizes Bitcoin's impact on altcoins. should assess market macro direction, he advises traders should “not be hyper focused on altcoin charts” rather than DOGE's solo chart. Bitcoin is the key asset whose price movement typically influences crypto sentiment.
Kevin shared a BTC/USDT liquidation heatmap to imply the market may wipe out lesser liquidity regions before a comeback. We can speak about a rebound once we get all that liquidity at $95K-90K. No need to overthink till then. The market is overreacting to Powell's comments rather than listening. Just because rate reduced predictions, he writes.
A successful defense of $0.26 might restart the rise and seek $0.42, which Balo considers a pivot point. Reclaiming $0.42 would enable DOGE to “teleport” toward $4, a scenario he associated with a full-scale bull run rebound.
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