Prev Arrow Cryptocurrencies

Dogecoin ($DOGE) Crypto Forecast: Down 5.2% 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 featuring the Shiba Inu dog as its logo. It has gained significant attention and a dedicated community in the crypto space.

Why is Dogecoin going down?

DOGE crypto is down 5.2% on Feb 3, 2026 18:47

  • 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.

DOGE Price Chart

DOGE Technical Analysis

DOGE News

Dogecoin Surges As Elon Musk Says SpaceX Will Put DOGE 'On The Literal Moon' Next Year

Dogecoin ( CRYPTO: DOGE ) is rallying in the wee hours of Tuesday after Elon Musk said his space technology company SpaceX will likely put the memecoin "on the moon" next year. The dog-themed cryptocurrency was up over 4% over the last 24 hours, outperforming heavyweights such as Bitcoin ( ...

https://www.benzinga.com/crypto/cryptocurrency/26/02/50323059/dogecoin-surges-as-elon-musk-says-spacex-will-put-doge-on-the-literal-moon-next-year

0 News Article Image Dogecoin Surges As Elon Musk Says SpaceX Will Put DOGE 'On The Literal Moon' Next Year

Dogecoin Price Forecast: DOGE steadies at $0.10 recovery hopes amid bearish trend

Dogecoin (DOGE) price stabilizes at $0.106 at the time of writing on Tuesday, following a slight rebound the previous day after a massive correction last week. On-chain data suggests the dog-themed meme coin may be undervalued and poised for a near-term bounce.

https://www.fxstreet.com/cryptocurrencies/news/dogecoin-price-forecast-doge-steadies-at-010-recovery-hopes-amid-bearish-trend-202602030344

1 News Article Image Dogecoin Price Forecast: DOGE steadies at $0.10 recovery hopes amid bearish trend

Dogecoin ( DOGE ) Rebounds Monday Afternoon: What's Going On?

Dogecoin ( CRYPTO: DOGE ) is bouncing on Monday afternoon after a rough trailing week. For many retail traders, this kind of snapback often follows a flush move when panic selling and leveraged positions are cleared out. Here's what traders and investors need to know.

https://www.benzinga.com/trading-ideas/movers/26/02/50317174/dogecoin-doge-rebounds-monday-afternoon-whats-going-on

2 News Article Image Dogecoin  ( DOGE )  Rebounds Monday Afternoon: What's Going On?

Meme Coins Price Prediction: Dogecoin, Shiba Inu, Pepe break below critical support levels

Meme coins, led by Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), are down so far this week, extending the prevailing decline. The technical outlook for DOGE, SHIB, and PEPE reflects a bearish bias as meme coins drop below key support levels and broader market conditions grow volatile.

https://www.fxstreet.com/cryptocurrencies/news/meme-coins-price-prediction-dogecoin-shiba-inu-pepe-break-below-critical-support-levels-202601300523

3 News Article Image Meme Coins Price Prediction: Dogecoin, Shiba Inu, Pepe break below critical support levels

Dogecoin, XRP and Cardano Hit Lowest Prices Since 2024 as Altcoins Fall Harder Than Bitcoin

Bitcoin is down bad Thursday, but Dogecoin, XRP, Cardano, and Litecoin are showing sharper losses, hitting lows not seen in over a year.

https://decrypt.co/356359/dogecoin-xrp-cardano-lowest-prices-since-2024-altcoins-fall-harder-bitcoin

4 News Article Image Dogecoin, XRP and Cardano Hit Lowest Prices Since 2024 as Altcoins Fall Harder Than Bitcoin

Dogecoin Price History

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.

29.00.2026 - DOGE Crypto was down 5.3%

  • DOGE faced a decrease in value today amidst a broader market stability.
  • The absence of a significant event to propel the price beyond the $0.1175 to $0.1287 range influenced the downward movement.
  • Mention of Melania Trump's participation in the market with her unique cryptocurrency likely shifted attention and trading volume away from DOGE, impacting its performance.
  • Despite the steady performance of Bitcoin and the overall increase in meme coin sector, DOGE displayed limited movement, highlighting the necessity for a substantial trigger to influence its price trajectory.

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.

20.00.2026 - DOGE Crypto was down 5.0%

  • The unveiling of a new mobile application by House of Doge and its merger partner possibly did not resonate well with investors, impacting the positive outlook on DOGE.
  • A general decrease in meme coins like Dogecoin, Shiba Inu, and Pepe might have influenced the bearish trend of DOGE.
  • Delay in the progress of a potentially beneficial Senate bill for Dogecoin could have disillusioned investors, contributing to the selling pressure on DOGE.
  • A substantial outflow of $39.29M from Dogecoin revealed diminished buying interest and perpetuated the prevailing bearish sentiment in the market, exerting downward pressure on DOGE's value.

15.00.2026 - DOGE Crypto was down 5.2%

  • DOGE and SHIB both saw a decline of approximately 5%, while DOGE observed a notable outflow of $18.77 million, indicating significant institutional selling activity.
  • Despite the market downturn, an analyst suggests a possible 30% increase for DOGE if it surpasses a critical resistance level, potentially leading to a bullish trend.
  • XRP benefited from a broader crypto market upswing and heightened ETF demand, jumping by 4% and reflecting positive market sentiment towards select cryptocurrencies.
  • Meme coins like DOGE, SHIB, and PEPE experienced gains between 7% and 14%, potentially signaling an upward trend reversal and a renewed investor interest in these tokens.

15.00.2026 - DOGE Crypto was down 5.6%

  • DOGE saw a robust bearish movement today, with a 3% drop in price and a 9.60% decrease in trading volume.
  • Despite a recent Senate bill proposing regulatory treatment akin to Bitcoin for DOGE, the prevailing sentiment in the meme coin market appears bearish.
  • Analysts point out potential upside for DOGE if it breaches a key resistance level, but the prevailing trend indicates that meme coins like DOGE are struggling to recover strength amidst considerable selling pressure.
  • The broader market surge and resurging ETF demand appear to be bolstering other cryptocurrencies like XRP, which has climbed 4% and is displaying indications of a bullish technical pattern.

25.00.2026 - DOGE Crypto was down 5.1%

  • The launch of the Dogecoin ETF on Nasdaq did not have the desired impact on DOGE's price, as the token continued its downward trend.
  • Despite plans by a financial institution to offer Bitcoin and Ethereum trading to wealthy clients, the broader decline in the cryptocurrency market seemed to have a negative effect on meme coins like DOGE.
  • The technical outlook for meme coins like DOGE remains bearish, indicating a challenging period for these tokens.
  • The lack of institutional demand for existing ETFs and the 54% collapse in DOGE's value since September might have contributed to the bearish movement in the market today.

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.

19.00.2026 - DOGE Crypto was down 7.6%

  • Dogecoin (DOGE) experienced a strong bearish movement today, dropping significantly in value.
  • The decline in DOGE's price can be attributed to the overall downward trend in meme coins like Shiba Inu (SHIB) and Pepe (PEPE).
  • The stalled Senate bill that would have provided regulatory clarity for Dogecoin might have also contributed to the negative sentiment surrounding the cryptocurrency.
  • Despite the bearish movement, an analyst sees a 30% upside potential for Dogecoin if it breaks a certain resistance level, indicating that there could still be hope for a recovery in the near future.

19.00.2026 - DOGE Crypto was down 6.1%

  • The stalled Senate bill that would have provided regulatory clarity for Dogecoin, coupled with the overall uncertainty in the crypto market, likely contributed to DOGE's bearish movement.
  • The massive outflows from Dogecoin, indicating lack of buying interest, and the breaking of key support levels by both DOGE and Shiba Inu added selling pressure to the market.
  • Despite the bearish trend, an analyst's optimistic view on Dogecoin's potential upside if it breaks a resistance level suggests there might be a silver lining for DOGE in the near future.
  • The positive movement of XRP, supported by a broader crypto market rally and renewed ETF demand, highlights the contrasting fortunes within the cryptocurrency space, with some assets like DOGE facing challenges while others like XRP enjoying gains.
i
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.