Dogecoin Price Prediction: Losing $0.07 Could Extend the Selloff

Dogecoin is sitting on key support against both Bitcoin and the U.S. dollar, making the next close especially important. Holding this zone and breaking the downtrend could start a recovery, while losing it may extend $DOGE’s weakness.

Dogecoin Faces a Critical Monthly Test Against Bitcoin

Dogecoin is closing in on a long-term support zone against Bitcoin that has held through several market cycles. Losing this area on a monthly close would confirm further relative weakness and delay any $DOGE-led recovery.

$DOGE/$BTC monthly chart. Source: Polaris/X

The chart places $DOGE/$BTC near 0.00000114 $BTC, inside a zone that previously acted as a base before major expansions. However, the pair has continued forming lower highs since its 2021 peak, showing that Bitcoin still holds the stronger long-term trend.

Holding the zone could allow $DOGE/$BTC to build a bottom and begin a broader consolidation. Buyers would still need to produce a higher monthly low and reclaim nearby resistance before the move can be treated as a real reversal.

A monthly close below support would weaken the historical comparison and suggest Dogecoin may continue underperforming Bitcoin. Until the level holds and momentum improves, the chart remains at a decision point rather than a confirmed $DOGE breakout.

Dogecoin Tests $0.07 as Downtrend Reaches a Decision Point

Dogecoin is testing a key support area near $0.07 while pressing against the descending trendline that has controlled price for months. A strong reaction here could mark the first step toward a short-term reversal.

$DOGE chart. Source: CryptoJack/X

The trendline has repeatedly rejected $DOGE during earlier recovery attempts, keeping the wider structure bearish. Buyers now need to break above it and hold the level during a retest to confirm that selling pressure is weakening.

A successful breakout could return attention to the $0.075-$0.078 region, followed by stronger resistance around $0.081. However, losing the current support zone would preserve the downtrend and expose lower levels near $0.067-$0.065.

For now, Dogecoin is at a decision point. Support is holding, but the reversal remains unconfirmed until $DOGE closes clearly above the trendline.