Analyst Warns DOGE Could Plunge 33% to $0.08 Amid Bearish Patterns
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 01 2026- Technical Signal Warning: Analyst Marzell highlights the formation of a dead cross and head and shoulders pattern on DOGE's three-day chart, indicating a potential price drop to $0.08, representing a 33% decline, which could significantly undermine investor confidence.
- ETF Interest Decline: Since its launch in November, enthusiasm for the DOGE spot ETF has waned, with trading volumes and inflows decreasing, leading to diminished institutional and retail demand, thereby exacerbating downward price pressure.
- Futures Market Dynamics: A notable decline in open interest within the DOGE futures market indicates that traders are closing positions and reducing leverage in a risk-averse environment, which may further drive prices lower.
- Wider Market Impact: A sustained decline in DOGE could affect the broader cryptocurrency market, particularly meme coins like Shiba Inu that are highly correlated, potentially leading to liquidity shifts into other crypto sectors.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
