Dogecoin (DOGE) may face a significant decline, potentially dropping 60% to $0.05–$0.06, according to analyst VisionPulsed. This warning comes as Bitcoin shows a chart divergence reminiscent of patterns seen before major declines in 2022. While Bitcoin might establish a higher low, Dogecoin is experiencing lower lows, indicating bearish momentum. Although a short-term rebound to $0.20 is possible in January, a breakdown could further extend the downtrend. Currently, DOGE is trading at $0.1259, reflecting a 4.74% decrease in the past 24 hours.
Analyst Predicts Dogecoin Could Plummet 60% Amid Bitcoin Divergence
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