Dogecoin Faces 23% Drop as Bulls Eye $0.245 to $0.25 Zone
The post Dogecoin Faces 23% Drop as Bulls Eye $0.245 to $0.25 Zone appeared on BitcoinEthereumNews.com.
Key Insights: Dogecoin faces a 23% correction, dropping from $0.29 to $0.225. Analysts spot bullish divergence and SMA death cross, hinting at a potential price reversal. Dogecoin needs to maintain support at around $0.20 to avoid further bearish movement. Dogecoin Faces 23% Drop as Bulls Eye $0.245 to $0.25 Zone for Possible Rebound Dogecoin ($DOGE) has seen a significant drop of 23% recently, falling from its peak at $0.29 to approximately $0.225. Despite this, some analysts are still watching for a potential short-term rebound in the $0.245 to $0.25 range. Dogecoin’s Recent Decline and Market Action Dogecoin’s price has fluctuated significantly, with a sharp decline from $0.29 to $0.225, which marks a 23% correction. Market Analyst Umair Crypto had earlier predicted this decline, urging traders to take profits before the drop occurred. According to the latest data, the live price of Dogecoin is at $0.226, with a 24-hour trading volume of over $4 billion. DOGE Price Reversal | Source: X The movement over the past weeks shows a clear downtrend, but some potential signals could lead to a short-term upward move. Umair Crypto noted the presence of a bullish divergence, which could support a brief price reversal. However, the overall market structure appears weak, and traders remain cautious, waiting for further signs of strength. Factors Driving Potential Rebound for Dogecoin Analysts have highlighted two factors as potential triggers for a brief recovery in Dogecoin. The confirmed bullish divergence in the market is a pattern often associated with price reversals. Another factor is the 4-hour SMA death cross setup, which typically results in a short-lived upside push before any further weakness sets in. Potential Surge | Source: X Daan Crypto also mentioned that Dogecoin’s trend has been slow but steady. While it has been making marginally higher highs and lower lows,…
Filed under: News - @ September 26, 2025 5:28 pm