Dogecoin (DOGE) in 2025: More Downside Ahead or a Short-Term Rebound?

• Daily Chart: Dogecoin Loses Its Lifeline
• 4-Hour Chart: No Buyers in Sight
• Liquidation Heatmap: The Trap Is Set
• RSI vs. MACD: Divergence Drama
• What’s Next for DOGE?
• Author Credentials
• FAQs

Dogecoin (DOGE) is caught in a technical tug-of-war as bearish momentum clashes with oversold signals. The meme coin, often a barometer for crypto market sentiment, has slumped below its 800-day EMA—a critical long-term support level. While the RSI hints at a potential relief rally, the MACD and liquidation patterns suggest caution. This analysis dives into DOGE’s charts, liquidity trends, and what traders should watch next. Spoiler: It’s not for the faint-hearted.

Daily Chart: Dogecoin Loses Its Lifeline

Dogecoin’s daily chart paints a grim picture. The 800-day EMA, once a reliable dynamic support, has flipped to resistance after DOGE closed decisively below it. Historical data from TradingView shows that similar breakdowns in 2023 led to 30%+ declines. The October 10th wick has been fully retraced, indicating weak hands have exited—but the remaining liquidity pools above could magnetize price if a dead-cat bounce emerges. "This isn’t just a DOGE problem," notes a BTCC analyst. "Bitcoin’s struggle to hold $60k is dragging the entire altcoin market into the abyss."

4-Hour Chart: No Buyers in Sight

Zooming into the 4-hour timeframe reveals why bulls are MIA. Every attempt to breach the 50-EMA gets smacked down like a meme-stock hype tweet. The yellow trendline (previously support) now acts as a ceiling, creating a "sell the rips" environment. CoinMarketCap data shows DOGE’s open interest dropped 22% this week—traders are voting with their wallets. Interestingly, the RSI at 20 suggests we’re due for a bounce, but without volume? It’s like expecting a Tesla on a scooter budget.

Liquidation Heatmap: The Trap Is Set

The liquidation profile tells a brutal story. Nearly all long positions below $0.12 got wiped out (thanks, leverage traders). Now, untouched liquidity clusters at $0.15 and $0.18 loom like all-you-can-eat buffet signs for whales. "Markets always take the path of maximum pain," quips a veteran trader. "Right now, that path points to a fakeout rally before another leg down."

RSI vs. MACD: Divergence Drama

Here’s where it gets spicy. The RSI screams "oversold," but the MACD keeps printing lower lows—a classic bearish divergence. In 2024, this setup preceded DOGE’s 40% crash in April. The takeaway? Oversold doesn’t mean "buy." It means "if you buy, wear a helmet."

What’s Next for DOGE?

Two scenarios emerge:
1)Rejection at the 800-day EMA ($0.14) triggers a drop to $0.10 (2025 low).
2)A squeeze to $0.16 liquidates shorts before reversing.
Pro tip: Watch Bitcoin. If BTC reclaims $62k, Doge might catch a bid. Otherwise, HODLers risk becoming bagholders.

Author Credentials

The BTCC research team combines technical analysis with on-chain data, providing actionable crypto insights since 2018. This report draws from TradingView charts, CoinMarketCap liquidity metrics, and derivatives data from BTCC exchange.