Blockchair's logo

Is Dogecoin’s 30% Decline A Chance To Buy On Discount? Here Is the Pertinent Level To Watch Newsbtc 3 weeks ago

Is Dogecoin’s 30% Decline A Chance To Buy On Discount? Here Is the Pertinent Level To Watch 🐶

Dogecoin has dropped around 30% from its multi-year high of $0.48 in early December. It is currently trading just above $0.3. This has caught the attention of traders who see it as a buy-on-the-dip opportunity.

The $0.3 level is viewed as a significant support zone for Dogecoin, according to technical analysis from TradingView. History suggests that this price could serve as a solid demand area where Dogecoin has previously rebounded during market downturns.

Factors such as Bitcoin's price action also impact Dogecoin's movement. Bitcoin’s inability to hold above $100,000 affected Dogecoin's momentum. However, if Bitcoin stabilizes, it could provide a favorable environment for Dogecoin to rally. On-chain data highlights increased whale activity, with Dogecoin transactions surging by over 400% recently.

At present, Dogecoin is trading at $0.3328. Traders are advised to watch the $0.3 level closely and potentially set stop losses below it to protect against deeper corrections. This ensures a balanced approach amidst potential market volatility.

Source: www.newsbtc.com ↗

Similar articles (100)

 Why Dogecoin price is still running toward $2 Cointelegraph 1 week ago
Why Dogecoin price is still running toward $2
DOGE Drops Below Uptrend Line, Signaling Possible End to Five-Month Rally Coindesk 4 days ago
DOGE Drops Below Uptrend Line, Signaling Possible End to Five-Month Rally
Can DOGE Defy the Odds and Make a Strong Comeback? TheNewsCrypto 5 days ago
Can DOGE Defy the Odds and Make a Strong Comeback?
Dogecoin Tests Critical $0.33 Support as MVRV Ratio Signals Potential Buying Opportunity TheNewsCrypto 3 weeks ago
Dogecoin Tests Critical $0.33 Support as MVRV Ratio Signals Potential Buying Opportunity
Dogecoin’s Price Action Tracks 50 Arnaud Legoux Moving Average, A Surge In Sight? Bitcoinist 2 weeks ago
Dogecoin’s Price Action Tracks 50 Arnaud Legoux Moving Average, A Surge In Sight?
Dogecoin Price Breaks Out Of Falling Wedge Formation, Is A 50% Jump Possible From Here? Bitcoinist 1 week ago
Dogecoin Price Breaks Out Of Falling Wedge Formation, Is A 50% Jump Possible From Here?
Dogecoin (DOGE): the price analysis indicates a bear sentiment Cryptonomist 3 weeks ago
Dogecoin (DOGE): the price analysis indicates a bear sentiment
Crypto Analyst Gives Reasons Why A Dogecoin Price Pump Above $0.4 Is Imminent Bitcoinist 5 days ago
Crypto Analyst Gives Reasons Why A Dogecoin Price Pump Above $0.4 Is Imminent
Dogecoin’s Price Movement Signal The Onset Of Its Final Bull Run, Historic Trends Show Bitcoinist 3 weeks ago
Dogecoin’s Price Movement Signal The Onset Of Its Final Bull Run, Historic Trends Show
Dogecoin Price Is Retesting The Apex Of The Ascending Triangle, Time To Buy Or Sell? Bitcoinist 3 weeks ago
Dogecoin Price Is Retesting The Apex Of The Ascending Triangle, Time To Buy Or Sell?
Analyst Says Dogecoin Is Yet To Complete 5th Wave, Here’s How High It Must Go Bitcoinist 1 day ago
Analyst Says Dogecoin Is Yet To Complete 5th Wave, Here’s How High It Must Go
Dogecoin Closes Daily Candle Outside Of Falling Wedge Pattern, Why $0.41 Is The Next Important Level Bitcoinist 2 weeks ago
Dogecoin Closes Daily Candle Outside Of Falling Wedge Pattern, Why $0.41 Is The Next Important Level
Analyst Predicts Major Dogecoin Price Crash To $0.26, But There’s Good News Bitcoinist 5 days ago
Analyst Predicts Major Dogecoin Price Crash To $0.26, But There’s Good News
Dogecoin Price Forms Symmetrical Triangle On Daily Chart, What To Expect If It Breaks Out Bitcoinist 6 days ago
Dogecoin Price Forms Symmetrical Triangle On Daily Chart, What To Expect If It Breaks Out
Dogecoin Price Hits Double Bottom To Trigger Massive Rally, Here’s The First Target Bitcoinist 1 week ago
Dogecoin Price Hits Double Bottom To Trigger Massive Rally, Here’s The First Target
Dogecoin Teases Ascending Triangle On 4-Hour Chart, Here’s What Could Happen If It Forms Bitcoinist 3 days ago
Dogecoin Teases Ascending Triangle On 4-Hour Chart, Here’s What Could Happen If It Forms
When Will Dogecoin Price Return To $0.4? Analyst Offers Insight Bitcoinist 1 week ago
When Will Dogecoin Price Return To $0.4? Analyst Offers Insight
Dogecoin Set For Double Bull Runs As Price Follows Bullish Chart Pattern Bitcoinist 4 days ago
Dogecoin Set For Double Bull Runs As Price Follows Bullish Chart Pattern
Dogecoin Price: Analyst Drops Comprehensive Technical Analysis, What You Should Know Bitcoinist 1 week ago
Dogecoin Price: Analyst Drops Comprehensive Technical Analysis, What You Should Know
Dogecoin Price Remains Above Support Trendline To Form Selling Climax Bottom Bitcoinist 3 weeks ago
Dogecoin Price Remains Above Support Trendline To Form Selling Climax Bottom
Dogecoin Price Cycle Nears New Peak: Modified 3-Day Gaussian Channel Reveals Key Red Zones Bitcoinist 3 weeks ago
Dogecoin Price Cycle Nears New Peak: Modified 3-Day Gaussian Channel Reveals Key Red Zones
Dogecoin Price Fluctuates In Ascending Triangle, Why This Is Very Dangerous Bitcoinist 1 week ago
Dogecoin Price Fluctuates In Ascending Triangle, Why This Is Very Dangerous
Dogecoin Price Mirrors 2021 Election Inauguration Pattern, Here’s What Happened Last Time Bitcoinist 2 weeks ago
Dogecoin Price Mirrors 2021 Election Inauguration Pattern, Here’s What Happened Last Time
Dogecoin koers breakout: bullish signal voorspelt 34% pump voor DOGE Newsbtc 2 weeks ago
Dogecoin koers breakout: bullish signal voorspelt 34% pump voor DOGE
DOGE koers stabiel op cruciaal niveau – gaat Dogecoin 25% stijgen in nieuwe crypto rally? Newsbtc 2 weeks ago
DOGE koers stabiel op cruciaal niveau – gaat Dogecoin 25% stijgen in nieuwe crypto rally?
Dogecoin May Face An ‘Ugly’ Drop Before The Weekend, Analyst Warns Newsbtc 2 days ago
Dogecoin May Face An ‘Ugly’ Drop Before The Weekend, Analyst Warns
Dogecoin (DOGE) Dips: A Warning Sign or A Hidden Opportunity? Newsbtc 3 weeks ago
Dogecoin (DOGE) Dips: A Warning Sign or A Hidden Opportunity?
Dogecoin Dips 3.46%: Can the Original Meme Coin Regain Momentum? Fxcryptonews 3 weeks ago
Dogecoin Dips 3.46%: Can the Original Meme Coin Regain Momentum?
Dogecoin Testing Key Demand Zone – Can DOGE Push Above $0.40? Newsbtc 3 weeks ago
Dogecoin Testing Key Demand Zone – Can DOGE Push Above $0.40?
Dogecoin Rally Fizzles As DOGE Fails To Break Through 4-Hour SMA Resistance Newsbtc 3 weeks ago
Dogecoin Rally Fizzles As DOGE Fails To Break Through 4-Hour SMA Resistance
Is Dogecoin Mirroring Pepe? A Drop To $0.2 Could Be Imminent For DOGE Newsbtc 1 day ago
Is Dogecoin Mirroring Pepe? A Drop To $0.2 Could Be Imminent For DOGE
Dogecoin (DOGE) Finds Its Footing: Bulls Regain Traction Newsbtc 2 weeks ago
Dogecoin (DOGE) Finds Its Footing: Bulls Regain Traction
Dogecoin’s Bullish Push Gains Steam, A Retest To $0.4 Ahead Newsbtc 2 weeks ago
Dogecoin’s Bullish Push Gains Steam, A Retest To $0.4 Ahead
Dogecoin Breakout Alert: $0.4036 Level Holds the Key to 12% Gains Fxcryptonews 2 weeks ago
Dogecoin Breakout Alert: $0.4036 Level Holds the Key to 12% Gains
Will Dogecoin Skyrocket Soon? Chart Pattern Suggests Yes Newsbtc 1 week ago
Will Dogecoin Skyrocket Soon? Chart Pattern Suggests Yes
Dogecoin (DOGE) Dips: A Pause Before The Next Meme-Coin Rally? Newsbtc 1 week ago
Dogecoin (DOGE) Dips: A Pause Before The Next Meme-Coin Rally?
Dogecoin Momentum Weakens: RSI Signals Bearish Continuation To $0.3 Newsbtc 1 week ago
Dogecoin Momentum Weakens: RSI Signals Bearish Continuation To $0.3
Dogecoin Price To Breakout To $1.4? Analyst Reveals Critical Levels To Watch For A Pump Or Crash Newsbtc 1 week ago
Dogecoin Price To Breakout To $1.4? Analyst Reveals Critical Levels To Watch For A Pump Or Crash
Breaking: Dogecoin Faces $0.3672 Stagnation Amid $1 Speculation Fxcryptonews 1 week ago
Breaking: Dogecoin Faces $0.3672 Stagnation Amid $1 Speculation
Dogecoin (DOGE) Lags Behind: Struggles to Reignite Bullish Momentum Newsbtc 1 week ago
Dogecoin (DOGE) Lags Behind: Struggles to Reignite Bullish Momentum
Think Dogecoin Has Topped Out? Two Factors That Say ‘No Way’ Newsbtc 1 week ago
Think Dogecoin Has Topped Out? Two Factors That Say ‘No Way’
Ready To Rocket? Dogecoin Chart Hints At Major Gains Ahead Newsbtc 6 days ago
Ready To Rocket? Dogecoin Chart Hints At Major Gains Ahead
Dogecoin Falls 14.54% This Week – Will $0.30 Support Hold? Fxcryptonews 6 days ago
Dogecoin Falls 14.54% This Week – Will $0.30 Support Hold?
Dogecoin Rally To $0.35 Could Trigger Massive Short Squeeze Newsbtc 5 days ago
Dogecoin Rally To $0.35 Could Trigger Massive Short Squeeze
Dogecoin Is Setting For A Massive Leg Higher – Analyst Sees Bullish Consolidation Above Key Level Newsbtc 4 days ago
Dogecoin Is Setting For A Massive Leg Higher – Analyst Sees Bullish Consolidation Above Key Level
Dogecoin (DOGE) Signals New Upside Move: Can Bulls Take Charge? Newsbtc 3 days ago
Dogecoin (DOGE) Signals New Upside Move: Can Bulls Take Charge?
Dogecoin Poised For A 30% Move—Is A Breakout Imminent? Newsbtc 3 days ago
Dogecoin Poised For A 30% Move—Is A Breakout Imminent?
Double Bottom Pattern Suggests Dogecoin May Lead Crypto Market Gains This Month Newsbtc 20 hours ago
Double Bottom Pattern Suggests Dogecoin May Lead Crypto Market Gains This Month
Dogecoin Price Faces Resistance As Key Indicators Hint At Potential Decline, Here’s All The Coin Republic 2 weeks ago
Dogecoin Price Faces Resistance As Key Indicators Hint At Potential Decline, Here’s All
Dogecoin Price to See a Post-Correction Surge, Why? The Coin Republic 2 weeks ago
Dogecoin Price to See a Post-Correction Surge, Why?
Dogecoin Price Stalls Below $0.36, Can Bulls Regain Momentum? The Coin Republic 1 day ago
Dogecoin Price Stalls Below $0.36, Can Bulls Regain Momentum?
Dogecoin Shows Signs of Reversal But There’s More To It The Coin Republic 19 hours ago
Dogecoin Shows Signs of Reversal But There’s More To It
Dogecoin Eyes $0.35 Breakout: Can It Reclaim Its All-Time High? The Coin Republic 1 day ago
Dogecoin Eyes $0.35 Breakout: Can It Reclaim Its All-Time High?
Dogecoin Charts Looking Bullish As Price Struggles The Coin Republic 3 weeks ago
Dogecoin Charts Looking Bullish As Price Struggles
Dogecoin at a make-or-break point: What $0.30 support means Ambcrypto 2 weeks ago
Dogecoin at a make-or-break point: What $0.30 support means
Dogecoin (DOGE) Holds Crucial Level, Eyes on 25% Rally Coinpedia 2 weeks ago
Dogecoin (DOGE) Holds Crucial Level, Eyes on 25% Rally
Dogecoin (DOGE) Price Action Shows Strength at $0.34 Support Level Despite Market Volatility Blockonomi 3 weeks ago
Dogecoin (DOGE) Price Action Shows Strength at $0.34 Support Level Despite Market Volatility
Dogecoin eyes a breakout: THIS points to $0.50 target Ambcrypto 1 week ago
Dogecoin eyes a breakout: THIS points to $0.50 target
Dogecoin (DOGE) Price: Trading Volume & Open Interest Surge, Breakout Incoming? Blockonomi 2 days ago
Dogecoin (DOGE) Price: Trading Volume & Open Interest Surge, Breakout Incoming?
Dogecoin price prediction – Assessing if a breach of $0.36 is next Ambcrypto 2 days ago
Dogecoin price prediction – Assessing if a breach of $0.36 is next
Dogecoin (DOGE) Price Action: Key Support Levels Hold as Market Consolidates Blockonomi 1 week ago
Dogecoin (DOGE) Price Action: Key Support Levels Hold as Market Consolidates
Mapping Dogecoin’s price targets after memecoin market cap falls below $100B Ambcrypto 2 weeks ago
Mapping Dogecoin’s price targets after memecoin market cap falls below $100B
Is Dogecoin’s latest 40% ‘hike’ the first sign towards recovery? Ambcrypto 1 week ago
Is Dogecoin’s latest 40% ‘hike’ the first sign towards recovery?
Dogecoin (DOGE) Eyes on $0.43 Amidst Elon Musk’s Blockchain Plan Coinpedia 1 week ago
Dogecoin (DOGE) Eyes on $0.43 Amidst Elon Musk’s Blockchain Plan
Dogecoin (DOGE) Price: Technical Indicators Point to Possible Reversal at $0.3350 Level Blockonomi 3 weeks ago
Dogecoin (DOGE) Price: Technical Indicators Point to Possible Reversal at $0.3350 Level
Dogecoin (DOGE) Price: TD Sequential Indicator Flashes Buy Signal Blockonomi 6 days ago
Dogecoin (DOGE) Price: TD Sequential Indicator Flashes Buy Signal
Dogecoin (DOGE) Price: Breaking $0.330 Resistance Opens Path to $0.40 Blockonomi 3 days ago
Dogecoin (DOGE) Price: Breaking $0.330 Resistance Opens Path to $0.40
Dogecoin Price Analysis: Fibonacci Tool Predicts Next DOGE Target Coingape 1 week ago
Dogecoin Price Analysis: Fibonacci Tool Predicts Next DOGE Target
Will Dogecoin Price Hit ATH In February As Market Rebounds? Coingape 3 days ago
Will Dogecoin Price Hit ATH In February As Market Rebounds?
Dogecoin Price Plunges to $0.32! Can It Avoid a $0.26 Support Test? Coinpedia 1 week ago
Dogecoin Price Plunges to $0.32! Can It Avoid a $0.26 Support Test?
Dogecoin (DOGE) Price Outlook: Is a Bullish Breakout on the Horizon? Coin Edition 1 week ago
Dogecoin (DOGE) Price Outlook: Is a Bullish Breakout on the Horizon?
Dogecoin (DOGE) Price Prediction Today Coinpedia 3 days ago
Dogecoin (DOGE) Price Prediction Today
Will Dogecoin’s Rally End Soon? Bitcoinhaber 4 days ago
Will Dogecoin’s Rally End Soon?
Dogecoin Price Forecast: Rebound Phase Begins as Bulls Mount $72M DOGE leverage Coingape 4 days ago
Dogecoin Price Forecast: Rebound Phase Begins as Bulls Mount $72M DOGE leverage
Dogecoin (DOGE) Price: Shows Strength as Exchange Outflows Accelerate Blockonomi 2 weeks ago
Dogecoin (DOGE) Price: Shows Strength as Exchange Outflows Accelerate
This Bullish Pattern Hints Massive Dogecoin Price Rally After Recent Crash Coingape 2 weeks ago
This Bullish Pattern Hints Massive Dogecoin Price Rally After Recent Crash
Dogecoin price dips 10%! 3 reasons why now is the time to buy DOGE Ambcrypto 3 weeks ago
Dogecoin price dips 10%! 3 reasons why now is the time to buy DOGE
Dogecoin (DOGE) Price: Roars Back & Records 13% Daily Gain, What’s Next? Blockonomi 2 weeks ago
Dogecoin (DOGE) Price: Roars Back & Records 13% Daily Gain, What’s Next?
Dogecoin Price Stalls as Crypto Pros Abandon DOGE For This Altcoin Coingape 2 weeks ago
Dogecoin Price Stalls as Crypto Pros Abandon DOGE For This Altcoin
Dogecoin’s breakout odds: Traders, watch out for THESE price levels! Ambcrypto 2 weeks ago
Dogecoin’s breakout odds: Traders, watch out for THESE price levels!
Dogecoin Price Prediction: Is a Major Rally on the Horizon? Coin Edition 2 weeks ago
Dogecoin Price Prediction: Is a Major Rally on the Horizon?
Dogecoin: Can THIS bullish pattern help DOGE hit $0.42? Ambcrypto 3 days ago
Dogecoin: Can THIS bullish pattern help DOGE hit $0.42?
Understanding what’s next for Dogecoin’s price action after OI hits $5.5 billion Ambcrypto 2 weeks ago
Understanding what’s next for Dogecoin’s price action after OI hits $5.5 billion
Dogecoin (DOGE) Price: Eyes $1 Mark Amid Technical Breakout & Whale Activity Blockonomi 1 week ago
Dogecoin (DOGE) Price: Eyes $1 Mark Amid Technical Breakout & Whale Activity
Dogecoin Price Flashes Last Buying Opportunity Before $1 as Crypto Market Crashes Coingape 1 week ago
Dogecoin Price Flashes Last Buying Opportunity Before $1 as Crypto Market Crashes
Will Elon Musk Back Dogecoin Again? DOGE Price Could Soar If This Happens Coingape 3 weeks ago
Will Elon Musk Back Dogecoin Again? DOGE Price Could Soar If This Happens
Dogecoin (DOGE) Price is Primed for a Breakdown Below $0.3, May Trigger a 30% Plunge Coinpedia 1 day ago
Dogecoin (DOGE) Price is Primed for a Breakdown Below $0.3, May Trigger a 30% Plunge
Dogecoin’s short squeeze: How $0.35 can spark DOGE’s rally Ambcrypto 6 days ago
Dogecoin’s short squeeze: How $0.35 can spark DOGE’s rally
Dogecoin’s Recent Breakout May Indicate Path to $0.36 Resistance and Future Price Surge Coinotag 2 days ago
Dogecoin’s Recent Breakout May Indicate Path to $0.36 Resistance and Future Price Surge
DOGE Shows Potential for Upward Movement Amid Recent Gains and Key Resistance Levels Coinotag 2 weeks ago
DOGE Shows Potential for Upward Movement Amid Recent Gains and Key Resistance Levels
DOGE Shows Signs of Potential Breakout Amid Market Recovery, Eyes Key Resistance Levels at $0.36 Coinotag 2 weeks ago
DOGE Shows Signs of Potential Breakout Amid Market Recovery, Eyes Key Resistance Levels at $0.36
DOGE Sees 2.57% Price Increase Amid Sideways Trading Possibilities Coinotag 3 weeks ago
DOGE Sees 2.57% Price Increase Amid Sideways Trading Possibilities
Dogecoin’s Long Position Surge: Traders and Analysts Eye Potential $0.40 Target Amid Market Uncertainty Coinotag 2 weeks ago
Dogecoin’s Long Position Surge: Traders and Analysts Eye Potential $0.40 Target Amid Market Uncertainty
Potential For Dogecoin Breakout As Market Patterns Emerge Coinotag 2 weeks ago
Potential For Dogecoin Breakout As Market Patterns Emerge
Dogecoin Shows Bullish Momentum as Price Surges Near $0.42: Will an Extended Rally Follow? Coinotag 2 weeks ago
Dogecoin Shows Bullish Momentum as Price Surges Near $0.42: Will an Extended Rally Follow?
Potential Short-Term Price Movements for Dogecoin as Market Indicators Suggest Support Levels Coinotag 2 weeks ago
Potential Short-Term Price Movements for Dogecoin as Market Indicators Suggest Support Levels
Dogecoin Shows Potential to Test $0.398 Amid Speculation from Government Efficiency Department Coinotag 1 week ago
Dogecoin Shows Potential to Test $0.398 Amid Speculation from Government Efficiency Department
Possibilities for Dogecoin’s Price Growth Amid Market Support and Historical Trends Coinotag 2 weeks ago
Possibilities for Dogecoin’s Price Growth Amid Market Support and Historical Trends
Potential Breakout for Dogecoin as Key Technical Levels Align Near $0.37 Amidst Increased Network Activity Coinotag 2 weeks ago
Potential Breakout for Dogecoin as Key Technical Levels Align Near $0.37 Amidst Increased Network Activity
Dogecoin’s Breakout Potential Faces Challenges Amidst Bearish Signals and Resistance at $0.39 Coinotag 1 week ago
Dogecoin’s Breakout Potential Faces Challenges Amidst Bearish Signals and Resistance at $0.39