Key Insights:
Dogecoin price prediction shows risk of a 30% drop if key support fails.
August curse is back; DOGE has dropped in August for 3 straight years.
Bull-bear index and spot netflows show selling pressure building.
Dogecoin price has been trading sideways for weeks. Over the last 7 days, it has given up 10% of its recent gains, though the 3-month returns are still above 20%.
That said, this range-bound price action has left many traders guessing the next direction. Especially now, because August hasn’t been a lucky month for the DOGE price in the past. Is the August curse returning?
The August Curse Has Hit Dogecoin Price Before
Looking at DOGE’s historical monthly performance, August has been one of the worst months for Dogecoin’s price.
In 2023, DOGE dropped nearly 18%, in 2022 it lost around 10%, and in 2021, during its meme coin prime, it still fell 16.2%.
Dogecoin August curse- Source: CryptoRank
Even this year, Dogecoin is already down over 1.6% in
We współpracy z: https://www.thecoinrepublic.com/2025/08/05/dogecoin-price-risks-30-fall-can-bulls-break-the-august-pattern/
