The dramatic prices of Dogecoin have left investors who are wondering about the future of Meme, which has once reached $ 0.49 in late 2024.
As of early June 2025, DOGE is traded at $ 0.17557, which represents a sharp decrease of 63.90 % of its highest level in December.
The broader Altcoin market is also struggling, due largely to Bitcoin to test the support area from $ 101,000 to $ 98,000.
However, analysts suggest that if BTC settles at these levels, DOGE may run a large recovery.
It has decreased by 63.90 % since the December summit
Dogecoin, currently the largest encrypted currency with a maximum market of $ 26.22 billion, has witnessed better days.
The currency rose to $ 0.48562 in December 2024, but investor morale soon calms down with the intensification of the opposite winds of the macroeconomic and began bitcoin.
The correction in the BTC consecutively had an effect on Altcoins, and the fever is not an exception.
With the distinctive symbol now hovering about $ 0.17557, many look forward to whether this price represents the bottom or if another collapse occurs.
It is worth noting that the main support is located above the scale of $ 0.15, and multiple technical indicators indicate that DOGE can soon see a height if it is higher than these levels.
Short -term price expectations and analysts’ expectations
According to CoincodexDOGECOIN can rise by 17.86 % during the next month, which may reach $ 0.202433 by July 6, 2025.
This projection is in line with the technical signs that show the bullish difference on the higher time frames, although the shorter time separators remain declining.
DOGE analysts believe that X believes that the currency is still in a bullish path in the daily graph, with RSI levels in the sale and a strong purchase activity at its lowest level.
1D-internal and Outside both look upward. H4- External, but internal descendants. M15- External and internal is dumping.
However, some argue that the collapse of the landfill has already occurred, which implicitly means that further decreases may not be declined unless Dog regains support areas quickly.
The immediate resistance lies in $ 0.17185 – 0.16363 dollars and 0.15984 – 0.15193 dollars. The strong bounce of these levels may pay Dog about $ 0.19 or even $ 0.26 if Bitcoin settles.
The total environment and influence of influence
Many DogCoin’s work is still affected by external political and economic developments, especially tensions between the two main encryption effects.
A public dispute between Elon Musk and former President Donald Trump over the tax law has clarified the investor’s confidence.
This division in leadership feelings is likely to be weighed on the enthusiasm of cryptocurrency in all fields.
Meanwhile, the fluctuations at the market level-particularly related to the Bitcoin conflict at the level of $ 100500-provokes another layer of risk. If BTC fails to restore upward momentum soon, DOGE may continue to struggle with other altcoins.
Dog at the critical technical level
Despite the declining pressure, Doug appears to sit at the axial support level.
Traders are monitoring a decisive step exceeding $ 0.19, which can pave the way for a re -test of $ 0.26 and perhaps higher if the boarding volume.
However, the road is still uncertain. If Dog is losing her current support, it is not possible to exclude a collapse of about $ 0.14 or less. Many depend on the total economic conditions, effective activity, and the power of the next BTC direction.
Post Dogecoin Pacally, June 2025: Can Dog recover from 63 % decrease? First appeared on Invezz
