Dogecoin Price Prediction: $0.095 Breakdown Sparks 35% Crash Fears

Dogecoin is trading around $0.093 after slipping below the key $0.095 support level, a price floor that had held since early 2024. The breakdown has shifted the short-term structure in favor of sellers and raised the risk of a deeper correction toward the $0.080 region or even lower.

With bearish momentum building and derivatives positioning heavily skewed, DOGE is now at a decisive technical crossroads.

$0.095 breakdown changes the structure

The loss of $0.095 is significant because it marked a long-standing consolidation base on the daily and weekly charts. For months, this level acted as a structural floor where buyers consistently stepped in. Its failure suggests that sellers have regained control in the short term.

Volume has increased during the decline, reinforcing the legitimacy of the move rather than signaling a low-liquidity drift lower. Momentum indicators also remain tilted to the downside, confirming that bearish pressure is still active.

If Dogecoin fails to reclaim $0.095 quickly, the next key support sits around $0.089, followed by $0.086 and then the psychologically important $0.080 level. A sustained move below $0.080 could expose the market to a sharper correction toward the $0.057 zone, which analysts identify as the next major support area.

Liquidation clusters raise volatility risk

Derivatives data shows that short positions currently outweigh long positions, with approximately $14.46 million in shorts compared to $8.26 million in longs. These positions are clustered around critical technical levels, which increases the probability of sudden volatility.

On the downside, liquidation pressure intensifies near $0.0888. On the upside, a concentration of shorts sits near $0.0948. This setup creates the potential for sharp price swings. A breakdown below $0.088 could trigger cascading long liquidations, while a strong reclaim of $0.095 could force shorts to cover, accelerating a rebound.

DOGE exchange liquidation map. Source: Coinglass

Is this a long-term bottom?

Despite the short-term weakness, some analysts argue that Dogecoin may be testing a long-term ascending trendline that has supported price action since 2017. Previous touches of this macro structure in 2017 and 2021 preceded major rallies.

If this trendline continues to hold, the current pullback could represent a deviation below support rather than the start of a prolonged breakdown. However, confirmation would require a decisive move back above $0.095 accompanied by expanding volume and improving momentum.

Until that happens, the broader structure remains under pressure.

CoinCodex Dogecoin price prediction

CoinCodex’s Dogecoin price prediction suggests that DOGE could recover gradually over the coming months if market conditions stabilize. The model suggests DOGE may trade around $0.10 in February and March 2026, with average prices projected slightly above current levels.

By May 2026, the forecast points to potential upside toward the $0.13 region under favorable conditions. However, the projected gains assume that Dogecoin stabilizes above current support levels. A confirmed breakdown below $0.080 would weaken this outlook significantly.