Why the Recent Dip in Doge Price Could Be a Buying Opportunity

Dogecoin (DOGE) has recently dipped below $0.18, and it’s got traders and investors talking. Is this drop a red flag or a golden buying opportunity? As the crypto market continues to swing, some on-chain data and expert opinions suggest this could be the perfect time for smart investors to scoop up DOGE at a discount.

The Current State of Doge Price

Dogecoin (DOGE) recently dropped below $0.18, falling over 9% in a few days. Charts show short-term weakness, with a bearish trend and possible dip toward $0.17. But on-chain data, like the NVTS metric, hints that DOGE might be undervalued right now possibly a buying opportunity. Despite market jitters, especially after Bitcoin’s dip and Elon Musk–Trump tensions, DOGE’s trading volume surged 18% on Binance.

Why the Dip Could Be a Buying Opportunity

Several signs are making Dogecoin’s (DOGE) recent price dip look like a possible buying opportunity:

1. On-Chain Data Looks Bullish:
Metrics like NVTS  which tracks network value vs. transaction activity show DOGE is currently undervalued. Plus, a lot of DOGE is being moved off exchanges, meaning people might be buying and holding rather than selling. That usually lowers selling pressure and can set the stage for a price rebound.

2. Market Mood is Still Positive:

Even with some short-term bearish signals, overall sentiment remains strong. The Fear & Greed Index is at 61 (Greed), and DOGE has still climbed 15.6% over the past week. Technical indicators like the bullish RSI divergence at 40 also suggest that momentum could swing upward soon.

3. Big Players Might Be Getting Interested:
There’s growing buzz about a Dogecoin ETF, with analysts estimating a 51% chance of SEC approval in 2025. If that happens, it could attract serious institutional money. Also, DOGE’s recent integration with Coinbase’s Base network means it can now be used in DeFi (decentralised finance), giving it more real-world utility.

4. History May Be Repeating:
Experts like Javon Marks and Cantonese Cat remind us that DOGE has a pattern, long periods of consolidation followed by explosive rallies. They believe this dip might be setting the stage for another big breakout.

Is Dogecoin’s Recent Price Drop a Warning or a Buying Opportunity?

Crypto experts are divided on whether Dogecoin’s recent drop below $0.18 is a cause for concern or a great chance to buy.

Few believe a big rally could be coming, predicting DOGE might hit $2.28 based on past bull runs. Similarly, Cantonese Cat sees a bullishsuggesting a possible breakout to $5–$8, calling this a prime buy zone. However, there are short-term risks to consider. If Dogecoin (DOGE) falls below $0.168, it could drop to $0.12 or lower. But if it stays above $0.181, the price might bounce back. CryptosRUs believes DOGE could be starting a strong upward trend, potentially reaching $1.00. This makes the current dip a possible good buying opportunity.

Risks to Consider

If DOGE falls below $0.168, its price could drop by as much as 30%, possibly going down to around $0.12 or even $0.093. Adding to the worry, the recent disagreement between Donald Trump and Elon Musk has decreased excitement around meme coins. These coins, including DOGE, often rely on social media buzz and celebrity support. Since DOGE is vulnerable to sudden changes in public mood, outside factors like new regulations or negative comments from influential people could limit how high DOGE can rise, even if the charts look good.

Latest Updates

There hasn’t been any major breaking news about the Doge Price lately, but it is definitely heating up. Influencers like are pointing to DOGE’s ETF potential and its integration into DeFi as signs of a possible breakout.

At the same time, the market is closely watching Bitcoin’s recovery, since DOGE tends to move in sync with BTC historically showing a 0.75 correlation. If Bitcoin keeps gaining, it could give DOGE the boost it needs to surge ahead.

Is Now the Time to Buy DOGE?

Dogecoin (DOGE) falling below $0.18 has caused a split in the crypto community. Some see it as a warning sign, but seasoned analysts view it as a buying opportunity. There’s also excitement around a potential DOGE ETF, increased DeFi integration and notable movements by large investors (whales), all fueling speculation. For investors, timing and risk strategy are key, If DOGE stays above $0.181, it could rebound to $0.21 to $0.24 and if it falls below $0.168, there might be more downside ahead. Despite the risks, DOGE’s viral appeal and dedicated community could turn this dip into the spark for its next big rise.

FAQs

1. What is the recent trend in Doge Price?
   The Doge Price has dipped below $0.18, falling over 9% from $0.20, trading around $0.175 with bearish short-term indicators.
2. Why could the Doge Price dip be a buying opportunity?
   On-chain metrics like NVTS show DOGE is undervalued, whale accumulation is rising, and ETF speculation could drive future gains.
3. What risks are associated with the Doge Price dip?
   A break below $0.168 could lead to a 30% drop, and external factors like market volatility or negative sentiment may cap gains.
4. How might external factors impact Doge Price?
   A potential DOGE ETF (51% approval chance in 2025) and DeFi integration on Coinbase’s Base could boost the Doge Price, but market swings tied to Bitcoin remain a factor.