How Low Can Dogecoin Go Before It Rebounds? Expert Forecasts

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How Low Can Dogecoin Go Before It Rebounds? Expert Forecasts - NewsBTC

Quick Summary:

If we tap macro structured support and the macro golden pocket right below that would be roughly a 45% correction from the high which based off historical analyses would be just enough for us to resume uptrend.If we lose $0.26 cents on a weekly close then I would start to seriously worry about this market structure but until then this should be treated as a normal bull market pullback.” Kevin also underscores Bitcoin’s influence over the altcoin landscape.

He notes that, historically, Dogecoin has experienced multiple significant corrections en route to its cycle tops, stating that the current pullback—similar to past 50% drawdowns—could be part of a normal bull market structure rather than a sign of systemic weakness.

The backdrop to this drawdown has been the broader crypto market’s response to US Federal Reserve policy signals, with the latest downturn largely attributed to more hawkish projections from the Federal Open Market Committee (FOMC).