Dogecoin (DOGE) seems to have found substantial footing at the $0.12 mark ever since it dropped to this price level on Dec. 23. DOGE’s price seems to be consolidating around the $0.12 price level amid a larger market slowdown. According to CoinGecko data, DOGE’s price has dipped 3% in the last 24 hours, 6.3% over the last week, 4.8% in the 14-day charts, 17.5% over the previous month, and a massive 61.2% since December 2024. In this price-prediction article, let’s discuss if $0.12 is the lowest Dogecoin (DOGE) will fall, or if it will face further price dips.
Dogecoin (DOGE) last traded below $0.12 in October 2024. Falling below $0.12 may pull DOGE’s price to the $0.10 mark. Dogecoin (DOGE) is currently following Bitcoin’s (BTC) trajectory. The general market bearishness may keep DOGE around its current price for the coming weeks.
Macroeconomic challenges have pulled investors away from risky assets, especially from cryptocurrencies. Dogecoin (DOGE) being a memecoin, carries some of the highest risks. Dogecoin (DOGE) could see some price relief if the larger economy cools down.
The chances of another interest rate cut in early 2026 is still substantially low. However, President Trump plans to replace Federal Reserve Chair Jerome Powell in his quest to further reduce rates. Another rate cut could lead to more risky investments. DOGE could rally under such circumstances.
According to CoinCodex analysts, Dogecoin (DOGE) will continue around the $0.11-$0.12 mark till late January before rallying to $0.15 on Jan. 23, 2026. However, the platform does not expect DOGE to maintain the $0.15 price level, predicting a correction back to $0.12 by mid-February 2026.
Dogecoin (DOGE) has found substantial footing around the $0.12 level after slipping to this price on December 23, signaling a period of consolidation in a slower market. Data from CoinGecko show DOGE’s price down 3% in the last 24 hours, 6.3% over the past week, 4.8% in 14 days, and 17.5% over the last month, with a 61.2% rise since December 2024. This price point frames the central question of whether $0.12 represents the bottom or if further declines lie ahead. Dogecoin last traded below $0.12 in October 2024, and a move below the current floor could pull the price toward the $0.10 mark.
DOGE’s path mirrors Bitcoin’s trajectory amid broader macro headwinds that have kept risk assets under pressure. As a memecoin, DOGE carries elevated risk, and macro challenges may keep the price range-bound in the near term. If the economy cools, some price relief could emerge, though the probability of another rate cut in early 2026 remains low; such a move could spur risk-taking and a DOGE rally.
CoinCodex projects DOGE around $0.11-$0.12 into late January, with a potential rally to about $0.15 on January 23, 2026, before a correction back to roughly $0.12 by mid-February 2026. However, the platform does not expect DOGE to sustain a $0.15 level for long, signaling a pullback toward $0.12 in the following weeks.
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