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Dogecoin ($DOGE) Crypto Forecast: Down 6.9% Today

Morpher AI identified a bearish signal. The crypto price may continue to fall based on the momentum of the negative news.

What is Dogecoin?

Dogecoin (DOGE) is a popular meme cryptocurrency known for its Shiba Inu dog logo and lighthearted community. Today, DOGE experienced a strong bearish movement in the market.

Why is Dogecoin going down?

DOGE crypto is down 6.9% on Feb 16, 2026 14:35

  • DOGE and other meme coins like Shiba Inu are facing significant downside pressure in the bear market, leading to a decline in prices.
  • Concerns have been raised among investors about the token's long-term value and scarcity due to a strategy of lowering inflation by minting 5 billion DOGE each year.
  • The public disagreement between Dogecoin founder Billy Markus and Elon Musk regarding the X algorithm could have added to the negative sentiment surrounding DOGE, potentially impacting investor confidence.
  • Technical analysis showing DOGE breaking critical support levels and accelerating lower further contributed to the bearish movement in the market.

DOGE Price Chart

DOGE Technical Analysis

DOGE News

Dogecoin, Shiba Inu Jump 9% As Price Tests Key Resistance Levels - What's Next?

Dogecoin ( CRYPTO: DOGE ) and Shiba Inu ( CRYPTO: SHIB ) climbed roughly 9% over the past week, pushing both meme coins toward critical technical levels that could define their next move. Trader Notes: Crypto chart analyst Ali Martinez said Shiba Inu is testing a major resistance zone.

https://www.benzinga.com/crypto/cryptocurrency/26/02/50637633/dogecoin-shiba-inu-jump-9-as-price-tests-key-resistance-levels-whats-next

0 News Article Image Dogecoin, Shiba Inu Jump 9% As Price Tests Key Resistance Levels - What's Next?

Dogecoin Touts Strategy Of Lowering Inflation By Minting 5 Billion DOGE Each Year: 'Money Is For Moving, Not Collecting Like Rare Pokemon Cards'

Dogecoin ( CRYPTO: DOGE ) highlighted its inflationary model on Thursday, claiming that the fixed annual issuance effectively reduces the overall inflation rate. Dogecoin's official X account said that the memecoin mints 5 billion coins every year, due to which the rate of inflation decreases ...

https://www.benzinga.com/crypto/cryptocurrency/26/02/50602310/dogecoin-touts-strategy-of-lowering-inflation-by-minting-5-billion-doge-each-year-money-is-

1 News Article Image Dogecoin Touts Strategy Of Lowering Inflation By Minting 5 Billion DOGE Each Year: 'Money Is For Moving, Not Collecting Like Rare Pokemon Cards'

Dogecoin Founder: 'I Really Hate Your Algorithm'-Musk: 'Don't Love It Either'

Dogecoin ( CRYPTO: DOGE ) co-founder Billy Markus publicly slammed Elon Musk's X algorithm, prompting Musk to admit he doesn't love it either. Markus, who goes by Shibetoshi Nakamoto on X, wrote "I really really f***ing hate the current X algorithm." Musk responded a few hours later: "Don't ...

https://www.benzinga.com/crypto/cryptocurrency/26/02/50599828/dogecoin-founder-i-really-hate-your-algorithm-musk-dont-love-it-either

2 News Article Image Dogecoin Founder: 'I Really Hate Your Algorithm'-Musk: 'Don't Love It Either'

Meme Coins Price Prediction: Dogecoin, Shiba Inu, Pepe extend decline under pressure

Meme coins, including Dogecoin (DOGE), Shiba Inu (SHIB) and Pepe (PEPE), are trading in the red on Wednesday, extending losses under pressure. Meme coins face significant downside risk amid the ongoing bear market, given their heightened speculative nature.

https://www.fxstreet.com/cryptocurrencies/news/meme-coins-price-prediction-dogecoin-shiba-inu-pepe-extend-decline-under-pressure-202602110736

3 News Article Image Meme Coins Price Prediction: Dogecoin, Shiba Inu, Pepe extend decline under pressure

Dogecoin And Shiba Inu In Freefall: Here's Where They Could Land

Dogecoin ( CRYPTO: DOGE ) plunged 4% while Shiba Inu ( CRYPTO: SHIB ) fell 2% on Tuesday, with both meme coins accelerating lower after breaking critical support levels. Dogecoin broke below the $0.10 psychological level, a significant technical failure.

https://www.benzinga.com/crypto/cryptocurrency/26/02/50524688/dogecoin-and-shiba-inu-in-freefall-heres-where-they-could-land

4 News Article Image Dogecoin And Shiba Inu In Freefall: Here's Where They Could Land

Dogecoin Price History

13.01.2026 - DOGE Crypto was up 5.1%

  • Despite recent bearish trends in the meme coin market, Dogecoin saw a notable bullish movement today.
  • This uptrend may be linked to Dogecoin's inflationary model, which was discussed as a strategy to lower overall inflation rates.
  • The public conversation between Dogecoin co-founder Billy Markus and Elon Musk about the algorithm likely boosted investor confidence, demonstrating strong community involvement.
  • On the whole, the positive developments surrounding Dogecoin's distinct characteristics and the current market conditions may have contributed to its upward movement today.

30.00.2026 - DOGE Crypto was down 7.4%

  • Meme coins like Dogecoin, Shiba Inu, and Pepe faced a downward trend by breaking below crucial support levels, mirroring a broader slump in this category of cryptocurrencies.
  • Altcoins like Dogecoin, XRP, and Cardano saw their prices plummet to levels not seen since 2024, experiencing more significant declines in comparison to Bitcoin, indicating a widespread decline in the alternative coin market.
  • Dogecoin's trading pattern of consolidation within a narrow range lacking a definitive catalyst for breakout signifies a lack of positive momentum, contributing to the coin's downward trajectory.
  • Developments such as the ringing of the NYSE opening bell by Melania Trump to commemorate a documentary release and the peak in her official digital currency value might have shifted focus away from Dogecoin, influencing its market performance negatively.

04.01.2026 - DOGE Crypto was down 5.2%

  • Dogecoin experienced a bearish movement today, likely influenced by the broader market sentiment and Bitcoin's decline.
  • An announcement regarding SpaceX potentially putting DOGE on the moon by Elon Musk created initial excitement but failed to sustain a positive trend.
  • The overall bearish trend in the cryptocurrency market, with Bitcoin facing selling pressure and market sentiment in extreme fear, contributed to DOGE's downward movement.
  • Despite some recovery hopes and stabilizing around $0.10, DOGE's price was still affected by the prevailing bearish trend in the market.

16.01.2026 - DOGE Crypto was down 6.9%

  • DOGE and other meme coins like Shiba Inu are facing significant downside pressure in the bear market, leading to a decline in prices.
  • Concerns have been raised among investors about the token's long-term value and scarcity due to a strategy of lowering inflation by minting 5 billion DOGE each year.
  • The public disagreement between Dogecoin founder Billy Markus and Elon Musk regarding the X algorithm could have added to the negative sentiment surrounding DOGE, potentially impacting investor confidence.
  • Technical analysis showing DOGE breaking critical support levels and accelerating lower further contributed to the bearish movement in the market.

29.00.2026 - DOGE Crypto was down 7.1%

  • Dogecoin experienced a strong bearish movement today, along with other altcoins like XRP and Cardano, hitting lows not seen in over a year.
  • Despite Dogecoin Cash, Inc. announcing the completion of unit distribution processing, the overall market sentiment for altcoins seemed to be negative, leading to the bearish movement.
  • The lack of a clear catalyst to break out of the tight consolidation range between $0.1175 and $0.1287 contributed to the downward pressure on DOGE.
  • While Bitcoin remained relatively stable, the broader market strength did not translate to positive movement for Dogecoin, indicating specific challenges within the altcoin sector.

02.01.2026 - DOGE Crypto was up 6.6%

  • DOGE displayed a notable bullish trend today, recovering from a challenging previous week.
  • This surge in DOGE's value could be linked to a rebound following widespread panic sales and the clearing of leveraged positions, a common occurrence in markets characterized by volatility.
  • Although DOGE demonstrated upward momentum, it is still consolidating within a narrow range, suggesting uncertainty and a lack of clear triggers for a significant price movement.
  • The general market conditions, which include substantial losses in altcoins such as DOGE, XRP, and Cardano, indicate that investors are currently navigating a tumultuous and unpredictable environment within the cryptocurrency sector.

03.01.2026 - DOGE Crypto was down 5.2%

  • Mention of DOGE possibly reaching the moon by SpaceX CEO Elon Musk initially spiked its price but was followed by a downturn in market sentiment.
  • DOGE struggled to regain strength, hovering around $0.10, as meme coins like Shiba Inu and Pepe experienced bearish trends by breaking crucial support levels.
  • A recent market upswing on Monday is seen as a reaction to panic selling and the clearing of leveraged positions, indicating a volatile market atmosphere.
  • Noteworthy declines in altcoins such as DOGE, XRP, and Cardano, alongside Bitcoin's dip, showcase a prevailing market inclination towards established cryptocurrencies rather than meme coins.

03.01.2026 - DOGE Crypto was up 5.2%

  • Dogecoin (DOGE) surged today, reaching $0.106 after a recent dip.
  • The upward movement in DOGE might be linked to a rebound following panic selling and the clearing of leveraged positions by retail traders.
  • Despite the negative sentiment towards meme coins like DOGE, the on-chain data indicates potential undervaluation, hinting at a possible short-term rally.
  • The positive attitude towards DOGE could also be influenced by the completion of transfer agent processing and DTC participant allocation by Dogecoin Cash, Inc.

12.01.2026 - DOGE Crypto was up 5.0%

  • Despite the overall bearish sentiment surrounding meme coins like DOGE, on-chain data revealing whale accumulation during recent dips has helped ease selling pressure and stabilize the price.
  • The significant technical failure of breaking below the $0.10 psychological level led to panic selling and persistent outflows, but the accumulation by whales has countered the bearish momentum.
  • The jump in Shiba Inu burn rate and the movement of 200 million Dogecoin have added to the volatility, indicating potential underlying market shifts.
  • While meme coins face downside risks in the ongoing bear market, the accumulation by whales suggests a short-term price stabilization for DOGE amidst the broader market turbulence.

05.01.2026 - DOGE Crypto was down 14.5%

  • DOGE plummeted by 11% as Bitcoin's collapse triggered panic selling across meme coins, with a massive outflow of $29.67 million recorded from Dogecoin.
  • The bearish trend in DOGE was further exacerbated by Bitcoin hitting a 15-month low, dragging down the entire crypto market.
  • Retail investors exiting the market amid a broad sell-off contributed to DOGE holding near support at $0.1000, with risk-off sentiment and weak technicals weighing on the asset.
  • The extreme fear sentiment in the market, with Bitcoin trading near $76,000 and liquidations reaching $682.58 million, added to the downward pressure on Dogecoin as it moved lower alongside Bitcoin amidst rising geopolitical uncertainty.

05.01.2026 - DOGE Crypto was down 5.6%

  • Dogecoin experienced a bearish movement as Bitcoin hit a 15-month low, dragging down the entire crypto market.
  • The retail investors' exit amid a broad market sell-off, risk-off sentiment, and weak technicals contributed to DOGE plummeting near the $0.1000 support level.
  • Market sentiment deteriorated into extreme fear, impacting not only Bitcoin but also other cryptocurrencies like Dogecoin and XRP.
  • Despite Elon Musk teasing a potential moon mission for DOGE, the market sentiment and broader sell-off led to a reversal in prices for Dogecoin and other cryptocurrencies like Shiba Inu.

09.01.2026 - DOGE Crypto was down 5.1%

  • Dogecoin experienced a strong bearish movement today, with its price falling.
  • The accumulation of DOGE by certain whales suggests a potential stabilization in price and a decrease in selling pressure.
  • A substantial transfer of DOGE to Robinhood coincided with a rebound in Dogecoin's price, indicating possible market manipulation or strategic moves by large holders.
  • The overall downward trend in Dogecoin's price may have been influenced by panic selling triggered by Bitcoin's significant drop to a 15-month low, impacting the broader crypto market.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.