Dogecoin ($DOGE) Crypto Forecast: Down 5.0% Today

What is Dogecoin?

DOGE, a popular meme cryptocurrency, saw a notable downturn in the market today amid mixed sentiments across the cryptocurrency landscape.

Why is Dogecoin going down?

DOGE crypto is down 5.0% on Jan 20, 2026 20:11

• 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.

DOGE Price Chart

DOGE Technical Analysis

DOGE News

House of Doge - The Official Corporate Arm of the Dogecoin Foundation - and Merger Partner Brag House Announce New App in Development Called Such - Brag House Holdings ( NASDAQ:TBH )

NEW YORK and MIAMI, Jan. 20, 2026 ( GLOBE NEWSWIRE ) -- House of Doge Inc., the official corporate arm of the Dogecoin Foundation, along with Merger Partner Brag House Holdings Inc. ( NASDAQ:TBH ) , are proud to announce the development of a new mobile application titled "Such", which is ...

https://www.benzinga.com/pressreleases/26/01/g50001467/house-of-doge-the-official-corporate-arm-of-the-dogecoin-foundation-and-merger-partner-brag-house-

House of Doge - The Official Corporate Arm of the Dogecoin Foundation - and Merger Partner Brag House Announce New App in Development Called Such - Brag House Holdings ( NASDAQ:TBH )

NEW YORK and MIAMI, Jan. 20, 2026 ( GLOBE NEWSWIRE ) -- House of Doge Inc., the official corporate arm of the Dogecoin Foundation, along with Merger Partner Brag House Holdings Inc. ( NASDAQ:TBH ) , are proud to announce the development of a new mobile application titled "Such", which is ...

https://www.benzinga.com/pressreleases/26/01/g50001486/house-of-doge-the-official-corporate-arm-of-the-dogecoin-foundation-and-merger-partner-brag-house-

Meme Coins Price Prediction: Dogecoin, Shiba Inu, Pepe in a freefall, echoing Bitcoin’s drop

Meme coins, such as Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), extend the decline from last week, with a roughly 3% drop on Monday. The meme coins trade below the crucial moving averages, aiming for the immediate support to potentially reset the momentum.

https://www.fxstreet.com/cryptocurrencies/news/meme-coins-price-prediction-dogecoin-shiba-inu-pepe-in-a-freefall-echoing-bitcoins-drop-202601190529

Crypto Bill Stalls, Dogecoin Gets A Boost And Cathie Wood Predicts Bitcoin's Rise: This Week In Crypto - Grayscale Bitcoin Mini Trust ( BTC ) ( ARCA:BTC )

This week was a rollercoaster ride for the crypto market. The week kicked off with a promising Senate bill that would give Dogecoin the same regulatory treatment as Bitcoin ( CRYPTO: BTC ) , only for the bill to stall later in the week. Meanwhile, Bitcoin and other leading cryptocurrencies ...

https://www.benzinga.com/crypto/cryptocurrency/26/01/49984791/crypto-bill-stalls-dogecoin-gets-a-boost-and-cathie-wood-predicts-bitcoins-rise-this-week-i

DOGE Bleeds $39.29M Today As Dogecoin And Shiba Inu Both Break Support

Dogecoin ( CRYPTO: DOGE ) saw $39.29M exit Friday-the biggest single-day outflow in months-as both DOGE and Shiba Inu ( CRYPTO: SHIB ) break key support levels with zero buying interest. DOGE is, down 2% today, trapped in a downtrend after collapsing 49% from September's $0.27 peak.

https://www.benzinga.com/crypto/cryptocurrency/26/01/49983854/doge-bleeds-39-29m-today-as-dogecoin-and-shiba-inu-both-break-support

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Dogecoin Price History

07.00.2026 - DOGE Crypto was down 6.0%

• Despite a recent surge in Dogecoin's price, it experienced a bearish movement today, potentially linked to profit-taking by investors following significant gains.
• Pepe's price surge and its relative outperformance compared to Dogecoin may have shifted investor focus away from DOGE, impacting its market movement.
• The broader cryptocurrency market's stability, with Bitcoin maintaining its position and Ethereum attracting investments, could have also contributed to the bearish trend in Dogecoin today.
• Today's market movement for Dogecoin seems to stem from a mix of profit-taking, competition from other meme coins, and the general dynamics of the cryptocurrency market.

08.00.2026 - DOGE Crypto was down 6.4%

• Dogecoin's bearish movement today could be attributed to profit-taking by investors after a recent surge in price.
• Despite positive community news like the adoption of Sherman the German Shepherd, DOGE's price may have been affected by overall market trends.
• The surge in other meme cryptocurrencies like Shiba Inu and Pepe, outperforming DOGE, could have diverted investor attention and funds away from Dogecoin.
• The consolidation of Bitcoin and other major cryptocurrencies at key levels may have also influenced the bearish sentiment in the broader crypto market, impacting DOGE's price negatively.

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.

06.00.2026 - DOGE Crypto was down 5.4%

• Despite the recent positive momentum and gains in the broader cryptocurrency market, Dogecoin experienced a bearish movement today.
• The bullish movement in meme coins, including Dogecoin, over the past few days could have led to profit-taking by investors, causing a temporary dip in the price.
• The overall positive sentiment in the cryptocurrency market, with Bitcoin climbing and meme coins showing signs of life, may have contributed to the recent surge in Dogecoin's price, making it susceptible to corrections.
• It's essential for investors to closely monitor market trends and news developments to make informed decisions when trading meme coins like Dogecoin.

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.

13.00.2026 - DOGE Crypto was up 5.5%

• Despite the overall selling pressure on meme coins, DOGE experienced a strong bullish movement today.
• The market movement could be attributed to the positive news of Dogecoin Cash, Inc. becoming one of the first U.S. public companies to complete a FINRA-notified blockchain-linked security distribution, potentially boosting investor confidence in DOGE.
• Additionally, the surge in Zcash's price and the narrative around privacy in the cryptocurrency space might have indirectly influenced DOGE's bullish movement as well.
• The market sentiment towards DOGE seems to have shifted positively amidst these developments, leading to the bullish movement despite the recent downtrend in meme coins.

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.