Dogecoin falls below $ 0.30: is a rebound on the horizon?

DOGECOIN (DOGE) is going through an instability period. The same is losing ground and fell below $ 0.30. This brutal decline revives the uncertainty of investors as the sales pressure is intensifying. However, some analysts see this as a simple technical decline, necessary before a new jump to unprecedented heights. Delay Tardigrade and Dogecapital, influential market figures, believe that this correction is part of a larger bullish cycle, already observed in the past. In 2016 and 2021, Dogecoin experienced similar declines before surviving 9,222% and 30,693%, respectively. If history is repeated, Doge could soon embark on a spectacular rally. But is this scenario really credible?

Corrections, a constant in the Dogecoin cycle

For several days now, DOGECOIN (DOGE) has experienced a marked trace phase and loses ground. It fell below the bar of $ 0.30 to reach a level of key support at $ 0.25. This drop is in a wider climate of correction on the cryptography market, where all assets undergo increased sales pressure. The increase in volatility has sparked a wave of liquidation, forcing many investors to unload their positions, thus exacerbating the drop in prices.

Although this decrease raises concerns, some observers believe that it in fact integrates into a well -known bullish cycle. Delay Tardigrade, an expert in technical analysis, underlines that Doge has already crossed similar correction phases before exploding upwards. “No need to worry about the current correction; This is a necessary step for Doge before his next wave, “he said In an article on X (formerly Twitter) On February 3, 2025. It remembers that in 2016 and 2021, Dogecoin endured withdrawal of 59.76% and 56.2%, respectively, before seeing its price rising 9,222% and 30,693%.

In his opinion, this cyclic scheme is invariably repeated, marking a period of consolidation before a major upward impulse. According to him, as long as the current support levels hold, Doge could initiate a rally much more powerful than those of previous cycles. The question remains whether history will be repeated or if other factors will disturb this dynamic.

Factors that could propel Doge to new heights

If the historical model is repeated, Dogecoin could regain its previous heights, but also establish new records. This hypothesis is based on several technical and fundamental signals suggesting an imminent rebound.

According to Dogecapital, an influential analyst, the current correction resembles those observed during previous bulls cycles. Thus, in an article on X (formerly Twitter) on February 3, 2025, it estimates This Dogecoin could target a fork of $ 1.50 to $ 2.10 in the short term. He thinks that this level would represent the next main resistance zone, a key threshold that could determine the future path of the token. Based on the history of cycles, he considers that this empowerment is part of a broader trend, which could lead to an even more pronounced breakthrough.

In addition to the analysis of the graphics, the fundamental elements could accelerate this bullish dynamic. The prospect of an ETF of Dogecoin Spot feeds speculation and could mark a major turning point for the asset. If this investment product was to be approved, it opened access to institutional investors, thus strengthening the credibility of DOGE in traditional markets. In addition, the development of Government Department (DOGE)An initiative to integrate blockchain into public administration could also stimulate the adoption of tokens.

If these factors materialize, enthusiasm around Dogecoin could reach a new level. An influx of investors could create a snowball effect, strengthen demand and push prices to new heights. However, the question remains: will this optimistic dynamic prevail against market uncertainties?

While Dogecoin is in an area of ​​uncertainty, the market looks closely at the reactions of buyers. If the support at $ 0.25 presents itself and interest in cryptography revives, a new upward phase could begin. Investors remain divided: some consider this correction as an opportunity to purchase, while others fear a slowdown in the cycle. With catalysts such as the rumor of an ETF DOGECOIN SPOT and the DOGE initiative, the future of the token will depend on market dynamics, other cryptocurrencies – in particular bitcoin – and the confidence of investors, reinforced by The American offensive During the February 4 conference. Is Dogecoin about to repeat its historic model, or will the cycle take an unexpected turn this time?

Luc Jose A.

Diploma of Sciences PO Toulouse and holder of a Blockchain certification consultation issued by Alyra, I joined the AVENTIER COIRTIVE in 2019. Convinced of the potential of the Blockchain Transformer of many sectors of the economy, I took The commitment to make awareness and informant the general public on this ecosystem in Constantie Evolution. My goal is to allow everyone to understand the blockchain and to seize the opportunities it offers. I strive every day to provide an objective analysis of adreity, to decorate market trends, to relay the latest technological innovations and to put into perspective the economic and societal En Marche Enjenes.

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