Dogecoin forecast: Dogs are also affected by the economic war

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Just two weeks ago, DOGE experienced a major crash due to the economic war, from which it appears to be slowly recovering. Find out how the situation has developed and what to expect in the near future in the Dogecoin forecast.

Today, despite the government shutdown, US consumer prices were released . The core inflation rate of 3.0% was lower than the expected and previous 3.0% . The headline CPI, however, was slightly higher at 3.0%, compared to the previous 2.9% and even below the feared 3.1%. For this reason, the inflation figures were interpreted positively.

Nevertheless, the probability of the Fed raising interest rates by 25 basis points on December 29 has recently declined marginally to 96.7% . This is primarily due to the recent sanctions against Russia's largest refineries, Rosneft and Lukoil, and what some suspect are acts of sabotage against European refineries in Slovakia, Romania, and Hungary that process Russian oil.

However , investor sentiment may be recovering from the shock of the trade war with the threatened 100% US tariffs on Chinese imports , as Trump has since reversed his threats. In addition , several meetings between delegates from the two nations are scheduled to resolve the differences and reach an agreement, given that the US is heavily dependent on China, especially in the military and AI .

According to a Wall Street Journal report , however, the Chinese intend to remain tough on the United States and not give in so easily as they did between 2018 and 2019. Therefore , tensions and adjustments could arise again in the future . Furthermore, there appears to be no agreement in the trade war with Canada.

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According to Barron's, 47% of professional investors are still bullish on stocks , which could also benefit cryptocurrencies. Likewise, the Crypto Fear & Greed Index has now moved from the extreme fear zone, with a reading of 22, back into the fear zone, with a reading of 30 .

Optimism is being reinforced by the efforts of Coinbase CEO Brian Armstrong, who is currently working with US senators on clearer crypto legislation . Furthermore, the former Binance CEO was pardoned by Trump . Furthermore, the US Federal Reserve has taken a more intensive look at cryptocurrencies this week.

Dogecoin chart | Source: CMC

Despite high inflation and the potential exacerbations from the tariffs already imposed and those that may follow, CME FedWatch expects monetary policy to ease by 25 basis points in October and end QT due to the weak labor market. This, in turn, has a particularly positive effect on cyclical assets like Dogecoin.

For now, DOGE is likely to wait for the next interest rate decision and, given the positive expectations of a post-correction recovery, rise slightly, reaching prices between USD 0.21418 and USD 0.26501. Towards the end of the year, higher gains to USD 0.48 and even USD 0.74 are also possible . USD 1.16814 is also conceivable given the developments of Layer 2s and other measures , but this is likely to be less sustainable.

Dogecoin hasn't seen increases like those seen since its all-time low of 231,120% in 2015. For example, DOGE has only gained 39.66% over the past 12 months . Therefore, more and more investors are looking for alternatives that offer comparable growth potential to Dogecoin's initial performance, and have increasingly come across the promising Maxi Doge .

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