Dogecoin (DOGE) Price Prediction For June 21 2025
The Dogecoin price today is trading around $0.1703 after recovering slightly from recent lows near $0.1670. Despite this minor uptick, DOGE remains stuck in a broader downtrend, having lost over 20% from its recent swing high above $0.2135 earlier this month. Traders are closely watching whether current signals point to an imminent reversal or a continuation of the bearish cycle.
Why Dogecoin Price Going Down Today?
The question of why Dogecoin price going down today can be examined through both on-chain activity and technical structures. According to Coinglass, Dogecoin has witnessed exchange net outflows exceeding $38 million over the past 48 hours. Historically, large-scale outflows are considered a positive signal as they indicate reduced sell-side liquidity and potential accumulation by long-term holders. However, in the current context, this has not yet translated into upward price pressure.
This divergence between exchange behavior and price movement reflects market hesitation. On-chain participants may be reducing exposure on exchanges, but without strong demand or breakout signals, the Dogecoin price remains…
The post Dogecoin (DOGE) Price Prediction For June 21 2025 appeared first on Coin Edition.
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Dogecoin (DOGE) Price Prediction For June 21 2025
The Dogecoin price today is trading around $0.1703 after recovering slightly from recent lows near $0.1670. Despite this minor uptick, DOGE remains stuck in a broader downtrend, having lost over 20% from its recent swing high above $0.2135 earlier this month. Traders are closely watching whether current signals point to an imminent reversal or a continuation of the bearish cycle.
Why Dogecoin Price Going Down Today?
The question of why Dogecoin price going down today can be examined through both on-chain activity and technical structures. According to Coinglass, Dogecoin has witnessed exchange net outflows exceeding $38 million over the past 48 hours. Historically, large-scale outflows are considered a positive signal as they indicate reduced sell-side liquidity and potential accumulation by long-term holders. However, in the current context, this has not yet translated into upward price pressure.
This divergence between exchange behavior and price movement reflects market hesitation. On-chain participants may be reducing exposure on exchanges, but without strong demand or breakout signals, the Dogecoin price remains…
The post Dogecoin (DOGE) Price Prediction For June 21 2025 appeared first on Coin Edition.
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