Dogecoin’s price is facing renewed pressure as market watchers warn the meme coin may not be out of the woods just yet. The crypto analyst warns that unless Dogecoin meets some important conditions, its continued weakness may cause another price crash, extending its bearish trend.
Dogecoin price may extend Downtrend
Like many meme coins, Dogecoin is experiencing a major decline after failing to break key resistance levels. This continued rejection has kept the selling pressure constant and prevented the price of DOGE from building further upward momentum. As a result, Dogecoin’s bearish structure, which has existed for months, is showing few signs of relief. Bulls also face major roadblockswhich leaves Dogecoin vulnerable to further declines as long as it trades below critical levels.
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According to crypto market expert KrissPax, Dogecoin remains weak and could extend its already strong downtrend if its price fails to recover. He explained that without being strong bullish catalyst to increase the pricememe character may have another price crash.
KrissPax introduced TradingView chart showing how low you believe Dogecoin could fall if it fails to recover market interest and demand. First, the chart highlights the top-time descending channel pattern that started after the broad market crash on October 102025. At the time, Dogecoin recorded its biggest one-day price crash, falling from over $0.26 to under $0.10 before quickly recovering.
After that big drop, the price of Dogecoin remained stuck descending routewith its overall structure showing a bearish trend. Generally, a descending channel pattern favors more pressure unless a significant breakout occurs. Until now, Dogecoin has made several attempts at recovery; However, its price failed to support any bullish rally.
Recent price action, as shown on the chart, also shows consolidation near the lower to middle part of the channel, on a slower basis making around $0.12-$0.14. Meanwhile, a clear break below the lower line of the channel will confirm the continuation of Dogecoin’s long downtrend. On the other hand, a break above the upper line of a descending channel with volume confirmation may not work. DOGE bearish structure and indicate a potential trend change.
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Fast update of Dogecoin rate
According to CoinMarketCap data at the time of writing, Dogecoin remains in negative territory, recording a price correction of more than 3% in the last 24 hours. The data shows that the daily, weekly, and monthly price performance of the meme is significantly lower. If this trend continues, Dogecoin could close January in the red, extended a downtrend that marks the end of 2025.
Despite the weak price action, the value of Dogecoin market capitalization down again by more than 3%. Daily trading volume remained subdued, down more than 2.5%, further highlighting the decline in investor confidence and reduced interest in the meme framework.
The featured image was created with Dall.E, a chart from Tradingview.com
