Will dogecoin drop to $0.2 again?

[senyorito123]

Doge coin is always dependent with bitcoin market, because based on I have observed from old trend until now it went so down after sudden downfall this month of June. Though we didn't expect that, $0.2 is likely happening when bear market dominates so strong, but if will turn in reverse I guess $0.2 is capable of having huge spikes when btc bulls will be back on track.

[Fredomago]

The price of Doge is very volatile, as many bet that it can fall much more than 0.2USD, for now some of the bulls are waiting for what can happen in BTC, any abrupt change in the market can greatly influence Doge:

A break above it will be the first indication that the correction may be over. On the contrary, if the price turns down from the current level and breaks below $0.21, a retest of $0.15 is likely. A break below this level could start the next leg of the downtrend to $0.10.

Source: https://cointelegraph.com/news/price-analysis-6-28-btc-eth-bnb-ada-doge-xrp-dot-uni-bch-ltc

For now, the price of Doge means hope for many and a headache for many, anyway the bulls are waiting for what may happen, maybe they need another tweet from Elon Musk to see a big pump.

If $0.15 breaksout, expect to see more dump as sentiments always follow the emotions of those traders and investors who are afraid of losing everything.

Mostly decision-making was affected by huge dumped that take place, instead of holding  investors choose to sell  and accept that they've failed analysing the situation.

Hope from Musk though still there from the people who loyally following him inside this industry.

[LUCKMCFLY]

I think that the maximum that doge can go down is to 0.21USD and I agree with the analysis they do in cointelegraph, however if the bears win the bearish attack, we could see or expect that Doge is even lower to 0.2USD:

On the contrary, if the price rebounds off the $0.21 support, it will suggest that bulls are trying to form a higher low. The buyers will then make one more attempt to push the price above the 20-day EMA.

Source: https://cointelegraph.com/news/price-analysis-6-30-btc-eth-bnb-ada-doge-xrp-dot-uni-bch-ltc

All the forecasts point to be very bearish, however I have not seen much of the Doge bulls, perhaps they are waiting for the best time to enter the scene.

[stomachgrowls]

Here's the 1M Timeframe for DOGE.




It is almost hitting $0.2 and in CMC it do shows some Buy indicator and i dont know if thats a good signal or none but basing with technicals its actually considerable to make some
buy on this current price.

But still take some your own risk on entering because it might even shoot down even more on upcoming days or weeks.No one actually knows!

[Reatim]

Dogecoin is dropping. Will dogecoin drop to $0.2 again?

Month after indeed the value of dogecoin fell down back to 2 cents level here

https://coinmarketcap.com/currencies/dogecoin/


luck that i have dumped mine when the price is still  at 64 cents and that made me profit more than 400% when i bought the coin.

but i also considering buying again when the value drops down to 10 cents again.

[LUCKMCFLY]

Despite the recovery of BTC, Doge has not had as much emergence, most of Alts rose in price but Doge not much, however some believe that the best is yet to happen:

Even though the rate of DOGE has risen the least, it remains trading above the support zone at $0.22. If buyers can hold control of the situation, the vital mark at $0.25 can be attained soon.

DOGE is trading at $0.2368 at press time.

Source: https://u.today/btc-eth-bnb-ada-and-doge-price-analysis-for-july-6

Coincidentally, he is above 0.2USD and if he has earned but little, anything can be expected anyway, if the popularity and belief in Elon Musk increases it is likely that a tweet will change things for Doge, meanwhile what is bet is that BTC continues to rise in price so that this action helps Doge.

[elisabetheva]

It could be if no one pump it anymore, maybe it could go lower like $0.05 when the next big drop is coming because it's just a meme coin that really rely on the pump or hype from people who have power. So, don't spend too much time on this kind of coin.

right, it's just a coincidence that he is siding with the doge because the news that happened and was trusted by many people made the price rise high. but whether it will be able to survive when there is no news that can reaffirm, of course it will be a separate difficulty that will be experienced. It is difficult to determine that the doge will be able to survive if a situation like this happens again, the possibility that it will continue to decline can be experienced, because it is not based on one's own strength.

[Sir Legend]

Dogecoin is dropping. Will dogecoin drop to $0.2 again?

Everyday I keep watching DOGE and it looks like the DOGE trend is going down, I'm happy because selling DOGE when the price is $0.38, look at this data maybe end of year DOGE price below $0.05, need another surprise after Elon Musk.

[BigBos]

Dogecoin is dropping. Will dogecoin drop to $0.2 again?

Everyday I keep watching DOGE and it looks like the DOGE trend is going down, I'm happy because selling DOGE when the price is $0.38, look at this data maybe end of year DOGE price below $0.05, need another surprise after Elon Musk.

Well, you're lucky to have sold the doge at that price. however, right now the price of doge might continue to decline if Elon Musk doesn't do something about it. well, apart from that, I think, sooner or later, we will even see the price of doge in the range of $0.1 or even below.

[wheelz1200]

Easy enough, just short doge against usd.  I'm on the thinking that doge will plummet.  Tons of money can be made on the downside as well.  And everyone saying Elon needs to do something,  Ultimately he can't do anything about the price his tweets and support were artificially propping it up.

[freedomgo]

As you can see, the market has been struggling and we have another loss today.
DOGE already touched $0.2 as the current price is $0.2064 per https://coinmarketcap.com/currencies/dogecoin/.

Maybe the next question is will DOGE touch $0.01, I think that's more interesting as that's what will likely happen over time.

[bakasabo]

I dont believe that dogecoin holders will allow the price to be dropped to 1 cent. And it is really hard to believe that something, that once cost more than 70 cents, was on a huge hype and had great support, could drop that low. But I dont deny the fact that dogecoin will continue to drop in price. Elon is quite silent about dogecoin and people seems to have enough of this dogecoin and all of its imitators.

[Shasha80]

As you can see, the market has been struggling and we have another loss today.
DOGE already touched $0.2 as the current price is $0.2064 per https://coinmarketcap.com/currencies/dogecoin/.

Maybe the next question is will DOGE touch $0.01, I think that's more interesting as that's what will likely happen over time.

The market is now falling again, and this has caused several altcoins to experience a decline in price, one of which is Dogecoin which fell to
a price of $0.2. I don't know what price Dogecoin will go down to, it looks like Dogecoin is very unlikely to pump again to the ATH price.
Even if Elon Musk tries to tweet about Dogecoin, it will not succeed in getting Dogecoin up as high as before. Because now many people realize
what Elon Musk is doing is just to manipulate prices. Therefore, it is highly not recommended to buy Dogecoin right now, it is very likely that
the price of Dogecoin will drop even lower.

[wheelz1200]

I dont believe that dogecoin holders will allow the price to be dropped to 1 cent. And it is really hard to believe that something, that once cost more than 70 cents, was on a huge hype and had great support, could drop that low. But I dont deny the fact that dogecoin will continue to drop in price. Elon is quite silent about dogecoin and people seems to have enough of this dogecoin and all of its imitators.

Lol you must be new(ish) to crypto.  In any crypto bear almost all alts dive 90+% off their high.  Especially in used.  Not only do they lose in sats but then when bitxoin is also going down its like a speed train down the usd price chart for alts.  The highs are high and the lows are low.  Alts are the pink sheets of crypto.  A toy

[ingiltere]

It dropped to 20 cent, so is this your buying point? Did you ask to buy it from this price or are you scared now?
I wouldn't buy now because even 20 cent is too high price for me. Add this to the down trend already, you wouldn't want to rush. There may be better opportunities. DOGE hype also looks over for now.

[nira09]

As you can see, the market has been struggling and we have another loss today.
DOGE already touched $0.2 as the current price is $0.2064 per https://coinmarketcap.com/currencies/dogecoin/.

Maybe the next question is will DOGE touch $0.01, I think that's more interesting as that's what will likely happen over time.

The price of Doge coin was pumped hard because of Elon Musk's support at the time, but now it looks like Elon is slowly leaving Doge and starting to tweet some Shit coins, he really likes toying with the market.
The price of the Doge could fall back to $0.01 USD, but many people don't expect that.

[Tervelatuk]

Easy enough, just short doge against usd.  I'm on the thinking that doge will plummet.  Tons of money can be made on the downside as well.  And everyone saying Elon needs to do something,  Ultimately he can't do anything about the price his tweets and support were artificially propping it up.

Elon will not shill this meme coin again ,enough for elon shilling dogecoin  because looks like he got good profits from his personal account. although this coin difficult to bounce , we still have oppotunity by trading future and open short . In this bearish trend very opportunity to get profits by selling doge, moreover traders and investors now loss confidence to buy it.

[Serco]

As you can see, the market has been struggling and we have another loss today.
DOGE already touched $0.2 as the current price is $0.2064 per https://coinmarketcap.com/currencies/dogecoin/.

Maybe the next question is will DOGE touch $0.01, I think that's more interesting as that's what will likely happen over time.

The price of Doge coin was pumped hard because of Elon Musk's support at the time, but now it looks like Elon is slowly leaving Doge and starting to tweet some Shit coins, he really likes toying with the market.
The price of the Doge could fall back to $0.01 USD, but many people don't expect that.

elon musk back to his business again , now rare talking about bitcoin or doge coin. i don't know is it good signal to sell dogecoin in future trade or not. doge strenght looks slowly decrease alot and lot investors didn't speculate anymore and they prefer sell it. Maybe meme coin hype already over now.

[ven7net]

Dogecoin is dropping. Will dogecoin drop to $0.2 again?

As you can see this happened and Dogecoin dropped to $ 0.20 per coin. It must be admitted that the rapid rise in the price of Dogecoin was a surprise to many and those who knew how to predict it could make very good money. Now the main question is what will happen to the price of Dogecoin next. Perhaps it will continue to grow again and get a new ATH, or it may continue to decline.

[bakasabo]

I dont believe that dogecoin holders will allow the price to be dropped to 1 cent. And it is really hard to believe that something, that once cost more than 70 cents, was on a huge hype and had great support, could drop that low. But I dont deny the fact that dogecoin will continue to drop in price. Elon is quite silent about dogecoin and people seems to have enough of this dogecoin and all of its imitators.

Lol you must be new(ish) to crypto.  In any crypto bear almost all alts dive 90+% off their high.  Especially in used.  Not only do they lose in sats but then when bitxoin is also going down its like a speed train down the usd price chart for alts.  The highs are high and the lows are low.  Alts are the pink sheets of crypto.  A toy

Not new, but inexperienced probably. Do I understand it correctly, you do think that dogecoin price will go down to 1 cent? If that happens, people would lose billions of dollars. There are so many Elon Musk followers who has bought dogecoin for a longterm holding, that I dont believe they will allow the price to go down so greatly. I dont know what they will do, boycott Tesla, do picket against Musk or other things. For me dogecoin price dropping to 1 cents is identical to Bitcoin price dropping to 1 dollar. Both of scenarios are hard to believe to happen.