Dogecoin Has 'Weak Support,' Says Popular Analyst: 42% Drop Possible For Meme King?

Benzinga_recent_news12-08

Dogecoin (CRYPTO: DOGE) traded flat on Sunday, even as a popular cryptocurrency analyst warned the memecoin lacks good support below current levels. Dogecoin rose less than 1% over the last 24 hours, ...

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class=\"title\">\nDogecoin Has 'Weak Support,' Says Popular Analyst: 42% Drop Possible For Meme King?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-12-08 13:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/crypto/cryptocurrency/25/12/49250155/dogecoin-has-weak-support-says-popular-analyst-42-drop-possible-for-meme-king><strong>Benzinga_recent_news</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Dogecoin (CRYPTO: DOGE) traded flat on Sunday, even as a popular cryptocurrency analyst warned the memecoin lacks good support below current levels.\nDogecoin rose less than 1% over the last 24 hours, ...</p>\n\n<a href=\"https://www.benzinga.com/crypto/cryptocurrency/25/12/49250155/dogecoin-has-weak-support-says-popular-analyst-42-drop-possible-for-meme-king\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1668664300.SGD","symbol_name":"Blackrock World Financials A2 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hours, according to Coinglass, hinting at a significant move ahead.\nSee Also: Dogecoin (DOGE) Price Prediction 2025, 2026, 2030\nAli Martinez, a widely followed cryptocurrency analyst and trader, noted DOGE has a “weak support” at the current levels.\n“If price breaks down, the next significant support zone begins near $0.081,” the analyst said, speculating a 42% drop.\nTrader Tardigrade, another popular chartist, highlighted a symmetrical triangle pattern on DOGE’s 12-hour chart, potentially signaling a bullish reversal from the ongoing downtrend.\nThe Moving Average Convergence Divergence indicator, which compares two exponential moving averages of an asset’s price, flashed a “Buy” reading for DOGE, according to TradingView.\nMeanwhile, the Awesome Oscillator, which calculates the difference between a 34-period and 5-period Simple Moving Averages, flashed a “Sell.”\nPrice Action: At the time of writing, DOGE was exchanging hands at $0.2067, up 6.02% in the last 24 hours, according to data from Benzinga Pro.\nPhoto Courtesy:ihrinmoisuc on Shutterstock.com\nRead Next:","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; 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