The Dogecoin price is facing renewed pressure as market watchers warn the meme coin may not be out of the woods yet. A crypto analyst warns that unless Dogecoin meets certain key conditions, its ongoing weakness could trigger another price crash, further extending its bearish trend.\u00a0<\/p>\n
Like many meme coins, Dogecoin is experiencing a major downturn<\/a> after failing to break key resistance levels. This continuous rejection has kept selling pressure intact and prevented the DOGE price from building sustained upward momentum. As a result, Dogecoin\u2019s bearish structure, which has been in place for months, shows few signs of relief. Bulls are also facing major roadblocks<\/a>, leaving Dogecoin vulnerable to further declines so long as it trades below key levels.\u00a0<\/p>\n According to crypto market expert KrissPax, Dogecoin remains weak<\/a> and could extend its already intense downtrend if its price fails to recover. He explained that without a solid bullish catalyst to drive the price upward<\/a>, the meme coin could experience another price crash.<\/p>\n KrissPax presented<\/a> a TradingView chart showing just how far he believes Dogecoin could decline if it fails to recapture market interest and demand. Firstly, the chart highlights a higher-timeframe descending channel pattern that began after the broader market flash crash on October 10<\/a>, 2025. At the time, Dogecoin recorded one of its largest single-day price crashes, falling from above $0.26 to below $0.10 before quickly recovering.\u00a0<\/p>\n Following that steep decline, Dogecoin price remained stuck in the descending channel<\/a>, with its overall structure reflecting a bearish trend. Typically, a descending channel pattern favors more downside pressure unless a decisive breakout occurs. So far, Dogecoin has made a few recovery attempts<\/a>; however, its price has failed to sustain any bullish rally.\u00a0<\/p>\n Recent price action, as shown in the chart, also indicates consolidation near the lower to middle part of the channel, with a gradual base forming around $0.12-$0.14. For now, a clear break below the lower trendline of the channel would confirm the continuation of Dogecoin\u2019s prolonged downtrend. On the flip side, a breakout above the upper trendline of the descending channel with volume confirmation could invalidate DOGE\u2019s bearish structure<\/a> and signal a potential trend change.\u00a0<\/p>\n According to CoinMarketCap data at the time of writing, Dogecoin remains in negative territory, recording a price correction of more than 3% over the past 24 hours. Data indicates that the meme coin\u2019s daily, weekly, and monthly price performances are in a pronounced slump. If this trend persists, Dogecoin could close January in the red, extending the downtrend that marked the end of 2025<\/a>.\u00a0<\/p>\nUpdate On Dogecoin\u2019s Current Price Action<\/h2>\n