Main meals:

• Dogecoin fell about 7 % on June 6, as the public paste between President Trump and Elon Musk escalated.

• Doug/US dollar hints hints at a possible decrease of 66 %.

Dogoin (DOGE) price on June 5 after the outbreak of general hostility between US President Donald Trump and his most famous supporter, Elon Musk. DOGE PRICE has decreased by 7 % over the past 24 hours to $ 0.17, with a classic drop that expects more losses to $ 0.06.

Disenibility of musk with a bad Trump for Dogecoin

Data from Cointelegraph Markets Pro and Tradingview show Dogecoin trading in a third consecutive down session on the weekly candle scheme.

The price decreased by 14 % in seven days, as the three -week slide extends to 28 %, as the billionaire musk escalated with his paste with Trump.

The repercussions that were flowing in recent days escalated after Musk’s official departure from the Ministry of Governmental efficiency (DOGE) on June 5, by threatening Trump to end the assets and contracts of Musk, and perhaps providing “billions and billions of dollars”.

Musk responded to X, claiming that Trump would have lost the 2024 presidential elections without supporting him. He described Trump’s last spending bill as a “great ugly draft law” and supports calls for its isolation.

The large ugly bill will increase the deficit to $ 2.5 trillion! https://t.co/jems6cot3v

Elon Musk (@elonmusk) June 5, 2025

Musk, the Vocal Docecoin, historically affected its price through approvals, such as tweets or the partial Tesla acceptance of DOGE payments. Dogecoin jumped more than 25 % in one day in 2022 after Tesla began accepting DOGE as a payment of specific goods.

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In 2023, Doge Price increased by more than 30 % within 24 hours after replacing the Bluebird logo on Twitter (Now X) with a picture of Shiba Inu, the Canine’s Memecoin.

Dogecoin rose again alongside other cryptocurrencies after Trump’s election victory in November 2024, after a campaign by Musk and Crypto Industry severely.

The escalating conflict led to broader market sales. Investors are now afraid that the low support from Musk can inhibit the encryption morale and the Doug’s speculative call, which leads to a decrease in its price.

Doug bear goals are less than $ 0.1

Dog confirmed the bear mark on the weekly graph after declining under the bottom border of science at $ 0.20.

The DOGECOIN price currently tests the support level at $ 0.15, and is in line with the simple moving average for 100 weeks (SMA).

The main support levels that must be monitored on the negative side are SMA for 200 days at $ 0.14 and April 7 low at $ 0.13. High volume movement can lead to less than these support levels accelerate the sale of the technical goal of the prevailing graph style at $ 0.06, or a 66 % decrease from the current level.

RSI is lower than the midfield and has decreased from 52 to 43 over the past three weeks, indicating an increase in the declining momentum. The 43 RSI value indicates that there is a greater room for the negative aspect before excessive conditions are placed again.

As CointeleGRAPH, acute contraction of EMA can increase for 20 days ($ 0.20), which corresponds to the lower direction line of science as shown in the above chart, from the risk of deeper correction to $ 0.14 or less.

This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.