Dogecoin took a nosedive of 2.5% on Tuesday, Aug. 26, wiping out most of last week’s hard-won gains. Jerome Powell whispered sweet nothings about interest rates, and the market yawned. 💤
One last dip before the breakout!
– Ali (@ali_charts) August 25, 2025
Another glimmer of hope: a few exchange-traded funds might get the green light from the SEC by year’s end. American investors could sniff around them, bringing some modest demand. 🇺🇸
Dogecoin price technical analysis
The weekly chart seems to whisper a melancholy truth: the DOGE rally might be packing its bags. A symmetrical triangle has formed, connecting highs and lows like weary travelers since February.
DOGE has etched a bearish pennant-a vertical line and triangle duo that suggests a coming crash when the lines meet. Picture a taut rope snapping under tension. 😬
Price stubbornly lingers below the 50-week and 100-week Exponential Moving Averages. Bears are firmly in control, tail wagging with smug satisfaction.
In short, brace yourself: Dogecoin might make a dramatic plunge toward $0.1360, revisiting its March low. It’s a harsh winter in crypto land, and DOGE is shivering. ❄️🐕
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2025-08-26 19:49