Dogecoin ($DOGE) Crypto Forecast: Down 7.4% Today

What is Dogecoin?

DOGE, also known as Dogecoin, is a meme cryptocurrency recognized for its iconic Shiba Inu dog logo. The coin has garnered considerable interest in the digital currency space due to its grassroots community involvement and endorsements from prominent figures.

Why is Dogecoin going down?

DOGE crypto is down 7.4% on Jan 30, 2026 6:41

• 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.

DOGE Price Chart

DOGE Technical Analysis

DOGE News

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

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

Dogecoin Cash, Inc. Announces Completion of Unit Distribution Processing and DTC Participant Allocation

Dogecoin Cash, Inc. reports completion of transfer agent processing and DTC participant allocation for its previously declared Unit distribution.

https://www.globenewswire.com/news-release/2026/01/29/3228269/0/en/Dogecoin-Cash-Inc-Announces-Completion-of-Unit-Distribution-Processing-and-DTC-Participant-Allocation.html

DOGE, SHIB Are Both Trapped-Here's What A Breakout Would Take

Dogecoin ( CRYPTO: DOGE ) and Shiba Inu ( CRYPTO: SHIB ) are consolidating in tight ranges after sharp selloffs, with no clear catalyst to break them out. DOGE is stuck between $0.1175 and $0.1287 after dropping 7% yesterday from $0.1260 to test support near $0.1175.

https://www.benzinga.com/crypto/cryptocurrency/26/01/50207211/doge-shib-are-both-trapped-heres-what-a-breakout-would-take

Melania Trump Will Ring NYSE Opening Bell Tomorrow To 'Celebrate' Amazon Documentary Release: First Lady-Themed Memecoin Pops 42% In 2026

First Lady Melania Trump will ring the New York Stock Exchange's opening bell on Wednesday to celebrate the release of her upcoming documentary, even as her official cryptocurrency makes waves in the market. The NYSE announced this in an X post, sharing a teaser of the documentary titled ...

https://www.benzinga.com/crypto/cryptocurrency/26/01/50179389/melania-trump-will-ring-nyse-opening-bell-tomorrow-to-celebrate-amazon-documentary-release-

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Bitcoin ($BTC) Crypto Forecast: Down 5.9% Today

Ethereum ($ETH) Crypto Forecast: Down 11.1% Today

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.

14.00.2026 - DOGE Crypto was up 5.0%

• DOGE, along with similar meme coins like SHIB and PEPE, demonstrated a significant surge today, possibly signaling a positive shift in market sentiment.
• A draft bill from the Senate Banking Committee suggesting regulatory parity for DOGE and Bitcoin could have instilled confidence among investors in the cryptocurrency.
• The growing attention towards meme coins and the prevalent optimistic outlook in the crypto sphere likely influenced DOGE's upward trajectory.
• Despite encountering some challenges lately, DOGE's designation as a commodity, rather than a security, may have played a role in driving up its value today.

14.00.2026 - DOGE Crypto was up 5.6%

• DOGE, along with other meme coins, rallied significantly, indicating a potential reversal to the upside.
• The proposal to classify DOGE as a commodity rather than a security, akin to Bitcoin, provided a positive regulatory outlook for the cryptocurrency.
• Despite previous struggles and selling pressure, DOGE managed to break out of its downtrend, possibly fueled by renewed interest and positive sentiment in the market.
• The overall market movement of DOGE could also be influenced by external factors such as regulatory developments and increased institutional interest in cryptocurrencies.

14.00.2026 - DOGE Crypto was up 8.6%

• DOGE rallied 5% after the Senate Banking Committee considered categorizing it as a commodity, akin to Bitcoin, bringing regulatory clarity and potentially raising investor confidence.
• Despite recent downward pressure on meme coins like DOGE, the regulatory development and potential reclassification may have sparked renewed interest and buying activity.
• Market movement could also be influenced by overall sentiment in the cryptocurrency space, with traders attentively tracking developments in other altcoins like Zcash, which have outperformed DOGE and SHIB recently.
• Elon Musk's influence on DOGE remains significant, as his tweets and announcements historically influenced the cryptocurrency's price, introducing another layer of potential market movement.

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.

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.