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Dogecoin Price Knocks Off Second Major Correction, When Will The Recovery To $1 Resume?

NewsBTC LogoNewsBTC12h ago

Dogecoin Price Knocks Off Second Major Correction, When Will The Recovery To $1 Resume? - NewsBTC

Quick Summary:

Dogecoin Completes Second Major Correction, Echoing Past Bull Cycles As noted by crypto analyst Kevin, Dogecoin’s recent drop was its second major pullback this cycle.

On the other hand, a fall or continued consolidation of the Bitcoin price could lead to a similar move for Dogecoin, as highlighted by Bitcoin’s break below $93,000 yesterday.  At the time of writing, DOGE is trading at $0.2593 and is starting to push steadily upwards after bouncing off at $0.223.

Related Reading: Machine Learning Algorithm Predicts Dogecoin Price From January To December 2025 As Kevin pointed out, Dogecoin’s ability to resume its uptrend hinges largely on Bitcoin’s performance.


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Article Details

Author / Journalist: Scott Matherson

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-04 @ 14:00:45 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 437 words

Reading Time: 3 minutes read

Sentences: 69 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 25890513

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About NewsBTC

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 8 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 8 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

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