Dogecoin Price Could Continue To Decline If This Doesn’t Happen; Analyst

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. The Dogecoin price is facing renewed pressure as market watchers warn the meme coin may not be out of the woods yet. A crypto analyst warns that unless Dogecoin meets certain key conditions, its ongoing weakness could trigger another price crash, further extending its bearish trend.  Dogecoin Price Could Extend Downtrend

Like many meme coins, Dogecoin is experiencing a major downturnafter failing to break key resistance levels. This continuous rejection has kept selling pressure intact and prevented the DOGE price from building sustained upward momentum. As a result, Dogecoin’s bearish structure, which has been in place for months, shows few signs of relief. Bulls are also facing major roadblocks, leaving Dogecoin vulnerable to further declines so long as it trades below key levels.  Related Reading What’s Going On With The US Dollar And How Does It Affect Bitcoin, Ethereum Prices? 1 day ago

According to crypto market expert KrissPax, Dogecoin remains weakand could extend its already intense downtrend if its price fails to recover. He explained that without a solid bullish catalyst to drive the price upward, the meme coin could experience another price crash.

KrissPax presenteda TradingView chart showing just how far he believes Dogecoin could decline if it fails to recapture market interest and demand. Firstly, the chart highlights a higher-timeframe descending channel pattern that began after the broader market flash crash on October 10, 2025. At the time, Dogecoin recorded one of its largest single-day price crashes, falling from above $0.26 to below $0.10 before quickly recovering.  Source: X

Following that steep decline, Dogecoin price remained stuck in the descending channel, with its overall structure reflecting a bearish trend. Typically, a descending channel pattern favors more downside pressure unless a decisive breakout occurs. So far, Dogecoin has made a few recovery attempts; however, its price has failed to sustain any bullish rally. 

Recent price action, as shown in the chart, also indicates consolidation near the lower to middle part of the channel, with a gradual base forming around $0.12-$0.14. For now, a clear break below the lower trendline of the channel would confirm the continuation of Dogecoin’s prolonged downtrend. On the flip side, a breakout above the upper trendline of the descending channel with volume confirmation could invalidate DOGE’s bearish structureand signal a potential trend change.  Related Reading Analyst Says Chainlink Price Could Crash 50% If This Level Fails 1 day ago Update On Dogecoin’s Current Price Action

According to CoinMarketCap data at the time of writing, Dogecoin remains in negative territory, recording a price correction of more than 3% over the past 24 hours. Data indicates that the meme coin’s daily, weekly, and monthly price performances are in a pronounced slump. If this trend persists, Dogecoin could close January in the red, extending the downtrend that marked the end of 2025. 

Beyond weak price action, Dogecoin’s total market capitalizationhas also declined by more than 3%. Daily trading volume remains subdued, down over 2.5%, further highlighting waning investor confidence and reduced interest in the meme coin.  DOGE fails to sustain positive momentum | Source: DOGEUSDT on Tradingview.com Featured image created with Dall.E, chart from Tradingview.com