Market confidence in Dogecoin reaching a brand new report excessive has collapsed. Prediction markets now assign lower than 1% chance to the meme cryptocurrency hitting contemporary peaks earlier than year-end. The sharp decline marks one of many steepest sentiment shifts recorded for the token in 2025.
Buying and selling data from Polymarket exhibits that the contract monitoring whether or not Dogecoin will exceed its all-time excessive earlier than December 31, 2025, has generated over $1.12 million in quantity. Market contributors have dramatically lowered their expectations after months of bearish worth motion.
Earlier in 2025, merchants maintained significantly greater optimism. Possibilities fluctuated between 5% and 20% through the first half of the 12 months. The downturn accelerated in late October and continued by way of November into early December. Market sentiment now displays near-zero confidence in a rally towards the 2021 peak of roughly $0.73.
Supply: Polymarket
Technical Indicators Level to Continued Weak spot
Dogecoin traded at $0.1460 as of press time, posting a 3.28% decline over 24 hours. The token stays down 3.62% on the weekly timeframe. Technical evaluation reveals regarding indicators for potential restoration.
DOGE worth chart, Supply: CoinMarketCap
The present worth sits nicely under the 50-day easy shifting common of $0.1655. The gap from the 200-day SMA at $0.2051 seems much more pronounced. Each indicators recommend sustained downward stress and potential resistance forward with out vital momentum shifts.
The 14-day Relative Energy Index stands at 47.50, indicating impartial territory. This positioning exhibits neither oversold circumstances that may set off a rebound nor overbought stress suggesting additional decline. Market technicians interpret this as potential sideways consolidation within the coming periods.
