{"id":2615,"date":"2024-12-19T23:00:24","date_gmt":"2024-12-19T23:00:24","guid":{"rendered":"https:\/\/coinsrise.net\/blog\/this-analyst-predicted-the-dogecoin-price-crash-2-days-ago-full-prediction-shows-a-further-30-decline\/"},"modified":"2024-12-19T23:00:24","modified_gmt":"2024-12-19T23:00:24","slug":"this-analyst-predicted-the-dogecoin-price-crash-2-days-ago-full-prediction-shows-a-further-30-decline","status":"publish","type":"post","link":"https:\/\/coinsrise.net\/blog\/this-analyst-predicted-the-dogecoin-price-crash-2-days-ago-full-prediction-shows-a-further-30-decline\/","title":{"rendered":"This Analyst Predicted The Dogecoin Price Crash 2 Days Ago, Full Prediction Shows A Further 30% Decline"},"content":{"rendered":"<p>Two days ago, a crypto analyst accurately forecasted a Dogecoin price crash, which has since taken place. According to the analyst\u2019s latest projections, Dogecoin is poised for a steeper decline, with an anticipated 30% crash from its current trading price.\u00a0<\/p>\n<h2>Analyst Forecasts 30% Price Crash\u00a0<\/h2>\n<p>The Dogecoin price has crashed to $0.35, marking a substantial 14% decrease over the past seven days. Earlier this month, Dogecoin was trading above $0.4 after experiencing a sharp rise driven by the positive market sentiment fueled by <a href=\"https:\/\/bitcoinist.com\/dogecoin-price-donald-trump-win\/amp\/\" rel=\"nofollow noopener\" target=\"_blank\">Donald Trump\u2019s victory<\/a> in the US Presidential elections.\u00a0<\/p>\n<p>A TradingView crypto analyst, known as the \u2018MMBTrader\u2019 who accurately predicted Dogecoin\u2019s recent price crash, has nowDogecoin\u2019s price action and potential future movements. Currently trading above $0.3, the DOGE price is slowly approaching a <a href=\"https:\/\/bitcoinist.com\/dogecoin-price-forecast-doge-may-face-resistance-at-1-analysts-predict-yeti-ouro-to-hit-5-in-2025\/amp\/\" rel=\"nofollow noopener\" target=\"_blank\">critical resistance<\/a>, illuminated by the red zone at the $0.438 level.\u00a0<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-medium wp-image-665055\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/12\/Dogecoin-price-1-1.jpg?w=460&#038;resize=460%2C270\" alt=\"Dogecoin price 1\" width=\"460\" height=\"270\" loading=\"lazy\" \/><\/p>\n<p>The red arrow on the chart illustrates <a href=\"https:\/\/bitcoinist.com\/dogecoin-price-will-fall-to-0-32\/amp\/\" rel=\"nofollow noopener\" target=\"_blank\">a potential short-term correction<\/a>, set to trigger a Dogecoin price crash to the central support zone near the $0.25 mark. This substantial price drop would indicate a 30% decline from Dogecoin\u2019s current price. Additionally, the analyst suggests that this projected price crash is a retracement, aligning with 0.618, the Fibonacci level indicated on the chart.\u00a0<\/p>\n<p>The TradingView analyst has also revealed that if the Dogecoin price can establish strong support at the $0.25 level, it could confirm a bullish trend continuation. Such a development could pave the way for a potential Dogecoin price rally in the near term.\u00a0\u00a0\u00a0<\/p>\n<p>Moving ahead, the green arrows in the analyst\u2019s DOGE price chart represent the next potential phase pump. The analyst has predicted that a solid rebound from the $0.25 support level could trigger a new bullish phase for Dogecoin. Additionally, he projects a new bullish target towards the $0.75 area for Dogecoin, marking a significant <a href=\"https:\/\/bitcoinist.com\/can-dogecoin-doge-price-explode-to-3-in-the-next-30-days-3\/amp\/\" rel=\"nofollow noopener\" target=\"_blank\">leap to new price highs<\/a>.<\/p>\n<p>Overall, the TradingView analyst has pinpointed $0.45 as the level to watch out for. Although a drop to $0.25 would mark a 30% crash for Dogecoin, a potential surge to $0.75 would represent a 115% price increase.<\/p>\n<h2>Dogecoin Price Breakout To $1 Sighted<\/h2>\n<p>While Dogecoin faces volatility and declines, Trader Tardigrade, a prominent crypto analyst, has expressed confidence regarding the meme coin\u2019s potential shift to the upside. According to the analyst, Dogecoin is currently<a href=\"https:\/\/x.com\/tatrader_alan\/status\/1869653912065864094?s=46\" rel=\"nofollow\" target=\"_blank\"> moving<\/a> in a defined range between $0.33 and $0.49, highlighted by the purple rectangle in the price chart.\u00a0<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-medium wp-image-665056\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/12\/Dogecoin-price-2-1.jpg?w=445&#038;resize=445%2C460\" alt=\"Dogecoin price 2\" width=\"445\" height=\"460\" loading=\"lazy\" \/><\/p>\n<p>Looking at the chart, this range represents a new all-time highs at $1.05.\u00a0<\/p>\n<p><img decoding=\"async\" class=\"size-medium\" src=\"https:\/\/www.tradingview.com\/x\/O5GQdIUP\/\" alt=\"Dogecoin price chart from Tradingview.com\" width=\"3286\" height=\"1518\" loading=\"lazy\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Two days ago, a crypto analyst accurately forecasted a Dogecoin price crash, which has since taken place. According to the analyst\u2019s latest projections, Dogecoin is poised for a steeper decline, with an anticipated 30% crash from its current trading price.\u00a0 Analyst Forecasts 30% Price Crash\u00a0 The Dogecoin price has crashed to $0.35, marking a substantial&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[192],"tags":[24,14,25,26,136,137,138,135,139,140,141,142],"class_list":["post-2615","post","type-post","status-publish","format-standard","hentry","category-dogecoin","tag-analyst","tag-crypto","tag-crypto-analyst","tag-crypto-news","tag-doge","tag-doge-news","tag-doge-price","tag-dogecoin","tag-dogecoin-news","tag-dogecoin-price","tag-dogeusd","tag-dogeusdt"],"_links":{"self":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts\/2615","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/comments?post=2615"}],"version-history":[{"count":0,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts\/2615\/revisions"}],"wp:attachment":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/media?parent=2615"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/categories?post=2615"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/tags?post=2615"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}