{"id":154517,"date":"2025-04-02T14:06:05","date_gmt":"2025-04-02T11:06:05","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=154517"},"modified":"2025-04-02T14:06:05","modified_gmt":"2025-04-02T11:06:05","slug":"dogecoin-price-warning-analyst-predicts-major-drop-if-support-fails","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/dogecoin-price-warning-analyst-predicts-major-drop-if-support-fails\/","title":{"rendered":"Dogecoin Price Warning: Analyst Predicts Major Drop if Support Fails"},"content":{"rendered":"<p>The strategist <strong><a href=\"https:\/\/x.com\/BigCheds\/status\/1906082104795939110\" target=\"_blank\">believes<\/a><\/strong> that <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/dogecoin\/\">DOGE<\/a><\/strong> could see a significant drop if it fails to hold a critical support level.<\/p>\n<p>According to Cheds, Dogecoin might face a sharp correction of around 33%, pushing its price down to the $0.11-$0.12 range if it loses stability at $0.16.<\/p>\n<p>He suggests that the current market structure doesn&#8217;t offer much optimism for DOGE, indicating that the memecoin could be heading for a lower bottom before finding solid ground.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/here-are-four-altcoins-that-could-collapse-soon-according-to-a-top-analyst\/\" title=\"Here Are Four Altcoins That Could Collapse Soon, According to a Top Analyst\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/06\/market-crash.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Here Are Four Altcoins That Could Collapse Soon, According to a Top Analyst<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>During a recent strategy discussion, Cheds emphasized that the chart looks unfavorable, highlighting a strong descending supply trend.<\/p>\n<p>He pointed out that there is little reason to feel optimistic about Dogecoin\u2019s performance in the near term, as the chart signals a potential move toward testing lower price levels.<\/p>\n<p>At the time of writing, Dogecoin is trading at $0.172 after a 16% decline in the past 7 days.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A prominent crypto analyst, known as Cheds, has issued a warning about Dogecoin&#8217;s (DOGE) potential decline amid the ongoing market correction.<\/p>\n","protected":false},"author":3,"featured_media":2188,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-154517","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Dogecoin Price Warning: Analyst Predicts Major Drop if Support Fails<\/title>\n<meta name=\"description\" content=\"A prominent crypto analyst, known as Cheds, has issued a warning about Dogecoin&#039;s (DOGE) potential decline amid the ongoing market correction.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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