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Dogecoin Price Outlook: DOGE Risks Plunging Another 30% Amid AI Scare

By
Yashu Gola
Published: Feb 24, 2026, 07:11 GMT+00:00

Key Points:

  • Dogecoin is consolidating within a classic bear flag on the daily chart, raising breakdown potential.
  • Glassnode’s MVRV Extreme Deviation Bands show $0.068 as the primary downside target.
  • Broader risk-off sentiment sparked by AI disruption fears adds macro pressure to high-beta assets like DOGE.
Dogecoin Price Outlook: DOGE Risks Plunging Another 30% Amid AI Scare

Dogecoin (DOGE) is compressing in a bearish continuation pattern as fresh AI-disruption fears push markets back into risk-off mode.

DOGE Bear Flag Hints At 30% Dump by March

Dogecoin is flashing a bear flag structure on the daily chart after a sharp selloff, with price now consolidating inside a tight, slightly rising channel.

A bear flag forms when an asset stages a modest rebound after a steep decline, but fails to reclaim key resistance levels. The initial dump forms the “flagpole,” while the subsequent upward drift reflects short covering and bargain hunting rather than a confirmed trend reversal.

DOGE/USD daily price chart. Source: TradingView

On the DOGE chart, the flag’s boundaries are defined by rising support near the $0.088–$0.090 zone and rising resistance around $0.102–$0.106.

A decisive daily close below the flag’s lower trendline would confirm a breakdown and keep the next major support near $0.065 in focus. That level sits roughly 30% below current prices.

A breakout above the flag’s upper boundary would weaken the bearish continuation read, but a stronger negation would require DOGE to reclaim the 50-day EMA near $0.112 and hold above it.

Glassnode’s DOGE MVRV Extreme Deviation Bands reinforce that downside zone.

These bands are statistical “lanes” that map how far DOGE’s price trades above or below its realized price (the average cost basis on-chain), helping spot when the market looks stretched.

Dogecoin MVRV Extreme Deviation Pricing Bands vs. spot price. Source: Glassnode

The model places the -1.0σ band around $0.068, sitting inside the same $0.065–$0.07 pocket implied by the bear-flag measured move. Historically, DOGE has tended to slow or stabilize near such deviation extremes.

AI Scare Adds Macro Pressure to Risk Assets

DOGE’s bearish setup is forming as AI disruption fears revive risk-off positioning.

A Citrini Research stress test outlined a scenario where “AI exceeds expectations.”

The note warned that productivity shocks could push unemployment toward 10% and drag the S&P 500 about 38% from a projected late-2026 peak near 8,000, with recession risks extending into 2027.

It further flagged payments, software and private credit as most exposed.

Memecoins typically trade like high-beta risk assets, so that macro tone leaves DOGE vulnerable while it sits in a bear-flag consolidation.

About the Author

Yashu Gola is a crypto journalist and analyst with expertise in digital assets, blockchain, and macroeconomics. He provides in-depth market analysis, technical chart patterns, and insights on global economic impacts. His work bridges traditional finance and crypto, offering actionable advice and educational content. Passionate about blockchain's role in finance, he studies behavioral finance to predict memecoin trends.

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