Shocking DOGE Price Drop: What’s Next? 😱

Well, well, well! It seems the majority of coins have decided to throw a tantrum and return to the red zone on this lovely Sunday. Thanks, CoinStats, for the delightful news! 🙄

DOGE/USD

Hold onto your hats, folks! The price of our beloved DOGE has plummeted by a staggering 1.63% over the last day. I mean, who needs stability, right? 😂

On the hourly chart, it looks like DOGE is trying to rise from the ashes after a dramatic bounce back from the local support level. If buyers can muster up some courage and hold onto this initiative, we might just see a test of the upper level by tomorrow. Fingers crossed! 🤞

But wait! On the bigger time frame, our meme coin is still far from the key levels. The volume is as low as my motivation on a Monday morning, which means neither buyers nor sellers are strong enough to take charge. Classic! 🙃

So, what’s the most likely scenario? Sideways trading in the area of $0.1750-$0.18. Exciting, isn’t it? 😒

From a midterm perspective, the situation remains as gloomy as my last date. If we see a breakout of the support level, we might just witness a test of the $0.16 mark soon. Yay! 🎉

As of now, DOGE is trading at $0.1760. What a rollercoaster! 🎢

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2025-06-15 17:59