December 25, 2025

After Dogecoin dropped to 2623.57 on 11.21, it signaled a stop to the decline, and later on 12.11, it indicated a phase high. A 31.4% increase was captured.

On 12.19, after a second entry, Dogecoin's trend remained decent, with a maximum increase of over 10%. Its current trend requires caution; detailed analysis is as follows:

Since the peak of 3077.39 on 12.22, the retracement has been too deep. It no longer appears to be a correction for the rise from 2775.10 to 3077.39 but has a high probability of developing into a new downtrend.

If Dogecoin still cannot experience a strong upward movement, the two most likely scenarios are as follows:

Red route: The 2623.57-3447.44 range is a rebound from the decline indicated by the red box in the chart. It is at the 12-hour level and has already ended. Currently, a new downtrend is underway. After reaching an adjustment endpoint at the end of this month, a daily-level rebound will begin, which will continue until mid to late January, then decline again until March.

Blue route: The daily-level rebound has already started at 2623.57. The 2623.57-3447.44 range is just the first wave of upward movement. The move starting at 3447.44 is a correction of this upward segment, characterized by a longer duration and larger retracement. After reaching an endpoint at the end of this month, a second wave of similar level will occur, rising until mid-January and then declining until March.

The difference between the two routes lies in the level classification, confirmed by whether the real body of the K candle breaks below 2623.57. Short-term traders are currently looking for rebound opportunities on smaller levels to short, and this wave has relatively high certainty.