Dogecoin (DOGE) is currently facing a significant downturn as it contends with the challenges of market fluctuations and unpredictable price behavior. As we approach the conclusion of the Fourth Quarter (Q4), analysts are identifying troubling patterns in DOGE’s price dynamics. After experiencing a staggering drop of 50%, there are concerns that Dogecoin may conclude this year on a low note, unable to rebound to its previous highs.
Dogecoin’s Q4 Struggles: Facing a 50% Decline
Crypto strategist JaxCrypto recently posted an insightful analysis on X, cautioning that Dogecoin might finish Q4 2025 in a severe downtrend. The analysis indicates that the coin has plummeted approximately 50% in Q4, highlighting persistent weakness following a brief recovery in mid-October.
JaxCrypto pointed out that Dogecoin began October with a promising performance, adhering to an upward-support trendline. However, this trend was disrupted dramatically during the October 10 market crash, marking a pivotal change in market sentiment due to widespread liquidation.
In the aftermath of this catastrophic incident, Dogecoin has shown a consistent downward trajectory without any significant recovery. While there have been attempts to pull out of the declining phase over the past months, negative sentiment and weak performance have hindered any robust bullish movement.
JaxCrypto also emphasized the coin’s continual failure to maintain crucial support levels, indicating that this is more than just a fleeting correction. The current price dynamics reflect growing apprehension amongst investors. As per data from CoinMarketCap, DOGE is trading at around $0.112, which is a 15% drop over the past month and more than 60% down from its start this year.
Interpreting The Recent Price Charts
In the analysis shared by JaxCrypto, a comprehensive price chart captures Dogecoin’s persistent bearish trend throughout the year. The analyst pointed out that the price movements had been tracked across various support zones, none of which have successfully held.
Post-October 10, Dogecoin has struggled to regain the previously broken support trendline, which has now transformed into a resistance level, stifling any potential recovery. A crucial signal noted in the chart by JaxCrypto is the formation of a Death Cross, a pattern typically construed as indicative of a prolonged downtrend alongside heightened bearish investor sentiment.
Following the emergence of the Death Cross, Dogecoin’s value has trended downward persistently. The chart illustrates several ranges of consolidation that ultimately succumbed to further declines. Each phase of sideways trading was succeeded by additional sell-offs, suggesting ongoing distribution rather than accumulation during these short-lived pauses. The consistent breakdown of key support zones reveals that buyers have continuously been overwhelmed, even as selling activity remains elevated.
