{"id":18746,"date":"2025-12-27T10:43:50","date_gmt":"2025-12-27T10:43:50","guid":{"rendered":"https:\/\/bitunikey.com\/news\/dogecoin-price-forms-scary-patterns-as-doge-etf-drought-continues\/"},"modified":"2025-12-27T10:43:55","modified_gmt":"2025-12-27T10:43:55","slug":"dogecoin-price-forms-scary-patterns-as-doge-etf-drought-continues","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/dogecoin-price-forms-scary-patterns-as-doge-etf-drought-continues\/","title":{"rendered":"Dogecoin price forms scary patterns as DOGE ETF drought continues"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Dogecoin price continued its recent downward trend, reaching its lowest level since Oct. 10, and its technicals points to more downside as the DOGE ETF drought continued.<\/p>\n<div id=\"cn-block-summary-block_c8ac0ba2f55dc57161441e3f0059d584\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Dogecoin price has formed numerous bearish chart patterns.<\/li>\n<li>It formed a head-and-shoulders chart pattern on the three-day chart.<\/li>\n<li>Demand for the DOGE ETF has largely dried in the past few months.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Dogecoin (DOGE) token was trading at $0.1227, down by 75% from its highest point this year. This crash has led to a multi-billion-dollar wipeout.<\/p>\n<p>The token has crashed as signs of weak demand continued. Data compiled by <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/sosovalue.com\/assets\/etf\/us-doge-spot\" target=\"_blank\" rel=\"nofollow\">SoSoValue<\/a> data shows that the Grayscale and Bitwise DOGE ETFs have not added any inflows since Dec. 11. These funds have had $2 million in inflows and $5 million in net assets.\u00a0<\/p>\n<p>Meanwhile, Dogecoin\u2019s futures open interest has dropped to over $1.4 billion, down from the year-to-date high of over $6 billion. Falling open interest is a sign that investors are not buying the token.\u00a0<\/p>\n<h2 class=\"wp-block-heading\">Dogecoin price technicals points to a crash<\/h2>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">DOGE price chart | Source: crypto.news<\/figcaption><\/figure>\n<p>The three-day chart shows that the the DOGE price has been in a strong downward trend in the past few months. It has formed several bearish patterns, meaning that it may continue falling over time.<\/p>\n<p>For example, the coin has formed a death cross pattern as the 50-day and 200-day Exponential Moving Averages crossed each other. This pattern, which formed on Dec. 9, often leads to more downside.\u00a0<\/p>\n<p>Dogecoin price has formed a head-and-shoulders pattern, which is another high-risk sign. The head is at $0.4855, while the left shoulder is at $0.2285, and the right one was at $0.30. It has now moved below the neckline, confirming more downside.<\/p>\n<p>The Relative Strength Index and the MACD indicators have continued falling. Therefore, the token will continue falling as sellers target the next key support at $0.080, its lowest level on August last year. This price is about 35% below the current level.\u00a0<\/p>\n<p>On the flip side, a move above the psychological point at $0.15 will invalidate the bearish outlook.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Dogecoin price continued its recent downward trend, reaching its lowest level since Oct. 10, and its technicals points to more downside as the DOGE ETF drought continued. Summary Dogecoin price&hellip;<\/p>\n","protected":false},"author":1,"featured_media":11543,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-18746","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/18746","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=18746"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/18746\/revisions"}],"predecessor-version":[{"id":18747,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/18746\/revisions\/18747"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/11543"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=18746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=18746"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=18746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}