Dogecoin 15 % drown in two days – is larger crashing?

TL: Dr;

• Dogecoin prices have continued in the past few hours, as the original has declined to its lowest price in more than a month.
• This comes amid some reports by a famous analyst that the largest Mimi currency accident can get worse in the next days and weeks.

Perhaps it is driven by the total economic certainty in the wake of the latest tariff orders that Trump was raised, the crystal currency market turned red starting from Saturday night, and lost more than $ 150 billion of his drawings during this time frame.

The augmented volatility has caused harm to absolute shapes more than others, and the coins were once again at the forefront of daily losses.

The leader of their field, Dogecoin, had not erupted as he lost the price of $ 0.3 and was thrown less than $ 0.29 earlier today for the first time since December 20. This means that the MEME OG code has decreased by 10 % in the past 24 hours and more than 15 % since Friday when it reached more than $ 0.34.

Ali Martinez told 120,000 of his followers on X that Dog has witnessed a declining intersection between the market value to the achieved value (MVRV) and its simple moving average for 30 days. Thus, the analyst predicted that the price of Dog may face a “sharp” correction in the following weeks.

#DogeCoin $ Doge He has just suffered from a declining intersection between MVRV and SMA for 30 days, indicating a sharp price correction. pic.twitter.com/PVdilygrhg

Ali (ali_charts) February 2, 2025

The original Meme coin has become one of the best coding performance since the American elections, perhaps because of its relationship to Eleon Musk and its role in the Trump administration. However, the current political and total uncertainty after Trump’s latest actions affected Dog more than many other alts.