Key Notes
- Market analysts believe that further selling pressure could push Dogecoin price down to $0.08.
- The US Spot Dogecoin ETFs, launched at the end of November 2025, have seen almost no inflows in recent days.
- While some analysts claim that DOGE is entering a typical late-cycle “pessimism phase” seen in past cycles.
Dogecoin
DOGE
$0.13
24h volatility:
7.9%
Market capitalization:
$21.82 billion
Flight. 24h:
$2.03 billion
the price saw a sharp correction of 61% in 2025 and is currently trading at $0.12.
Despite the start of 2026, market analysts remain pessimistic on DOGE, warning that it could be heading to a new low early this year.
On-chain indicators and weak demand for Dogecoin ETFs continue to reinforce this outlook.
Bearish signals appear for Dogecoin price
According to crypto analyst Marzell, the price of Dogecoin is giving bearish signals, increasing the risk of a further downturn.
The analyst noted that the DOGE price chart has formed both a death cross and a head and shoulders pattern, technical setups that are typically associated with downtrend reversals.
Based on the current market structure, Marzell said DOGE could decline as low as the $0.08 level if selling pressure persists.
Broader market data supports this bearish outlook, as DOGE’s falling open interest suggests trader interest is fading quickly.
#Dogecoin is showing strong bearish signals, forming death cross and head and shoulders patterns, with technical indicators pointing towards a further decline towards $0.08. đź”…
Weak ETF demand and lower futures open interest reinforce the ongoing selloff.
🟨 Commerce $DOGE on WEEX:… pic.twitter.com/cgJnTNSjwd
–Marzell (@MarzellCrypto) December 27, 2025
However, not everyone is pessimistic about Dogecoin. Crypto analyst Trader Tardigrade noted that Dogecoin is now entering an end-of-cycle phase marked by investor pessimism.
In a recent article on X, the analyst noted that Dogecoin price is entering a familiar late-cycle phase marked by retail pessimism.
He added that in past market cycles, Dogecoin has consistently gone through periods where retail investors believe the asset is “dead.”
$Doge/monthly
At each cycle, #Dogecoin is going through a period where retailers believe it is dead.
✍️ We are now in this period. pic.twitter.com/2r3Ph9ykiw– Tardigrade Trader (@TATrader_Alan) December 31, 2025
Demand for Dogecoin ETF drops significantly
DOGE remained below the $0.12 level in early January, signaling continued weakness in near-term price momentum.
Investor demand was also muted on the institutional side. Spot Dogecoin ETFs, launched in the United States in late November 2025, have struggled to gain traction.
Data from SoSoValue shows that since trading began on November 24, DOGE ETFs have seen zero net flows on most trading days.
The total net assets of these products are approximately $5.07 million, the lowest among all US-listed crypto ETFs.
Dogecoin ETF net inflow. | SoSoValue
Without new capital inflows or a change in market sentiment, Dogecoin continues to face sustained downward pressure.
If weak demand persists through 2026, analysts warn that DOGE may struggle to stage a significant recovery in the near term.
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Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article is intended to provide accurate and current information, but should not be considered financial or investment advice. Because market conditions can change quickly, we encourage you to verify the information for yourself and consult a professional before making any decisions based on this content.
Bhushan is passionate about FinTech and has a good flair for understanding financial markets. His interest in economics and finance draws his attention to the new emerging markets of Blockchain technology and cryptocurrencies. He is continually in the process of learning and remains motivated by sharing his acquired knowledge. In his free time, he reads thriller novels and sometimes explores his culinary skills.
