{"id":381455,"date":"2025-03-11T14:53:58","date_gmt":"2025-03-11T09:23:58","guid":{"rendered":"https:\/\/dripp.zone\/news\/elon-musks-tesla-down-15-can-dogecoin-price-attempt-recovery-here-crypto-news\/"},"modified":"2025-03-11T14:56:23","modified_gmt":"2025-03-11T09:26:23","slug":"elon-musks-tesla-down-15-can-dogecoin-price-attempt-recovery-here-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/elon-musks-tesla-down-15-can-dogecoin-price-attempt-recovery-here-crypto-news\/","title":{"rendered":"Elon Musk&#8217;s Tesla Down 15%, Can Dogecoin Price Attempt Recovery Here? &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p><span style=\"font-weight: 400;\">Elon Musk\u2019s Tesla stock has been on a sharp decline, losing nearly 15% of its value over the past few days. This drop follows a loss of post-election gains, with many attributing the decline to CEO Elon Musk\u2019s political involvement. Alongside Tesla\u2019s struggles, Dogecoin (DOGE) price has also faced significant losses, hovering around $0.15 amidst broader cryptocurrency market corrections. The question remains: can Dogecoin recover from this downturn?<\/span><\/p>\n<h2><strong>Tesla Drops 15%, Is Dogecoin Price Set for a Comeback?<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Tesla\u2019s stock has experienced a significant drop of over 15%, resulting in a loss of $125 billion in market value. This decline follows a decrease in the company\u2019s vehicle sales and profits, as well as a broader market selloff driven by fears of tariffs and recession.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The $1.5 trillion market capitalization peak that Tesla hit in December 2021 has suffered a 45% decline, leading to substantial <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coingape.com\/markets\/cryptocurrencies-price-prediction-crypto-stock-market-crash-as-us-recession-odds-hit-40\/\"><span style=\"font-weight: 400;\">stock price<\/span><\/a><span style=\"font-weight: 400;\"> losses since Elon Musk took part in backing Donald Trump\u2019s election campaign.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The stock value has decreased because shareholders worry about Musk\u2019s political actions, including backing Trump while firing large numbers of U.S. government staff.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">These actions have raised doubts about whether Musk is distracted from managing Tesla\u2019s core business. Despite the downturn, Tesla\u2019s market cap remains up by approximately $65 billion since the presidential election, indicating the ongoing confidence in the company\u2019s future prospects.<\/span><\/p>\n<h2>Will Dogecoin Price Break Key Support at $0.15?<\/h2>\n<p><span style=\"font-weight: 400;\">The latest <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coingape.com\/analyst-confirms-dogecoin-price-can-reach-90-heres-when\/\"><span style=\"font-weight: 400;\">DOGE price<\/span><\/a><span style=\"font-weight: 400;\"> has been fluctuating recently, with crypto market experiencing the fluctuation. As of March 11, 2025, the DOGE price has experienced a decrease of 8%, currently at $0.1584. The price has been hovering between a crucial support level of $0.15 and resistance near $0.20.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Moving Average Convergence Divergence indicator on the 4-hour chart shows a bearish trend. The MACD line has dipped below the signal line, suggesting a potential decline in momentum.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Relative Strength Index is currently sitting at 31, indicating that DOGE is nearing oversold conditions. If the downward pressure continues, the price may test the $0.10 support level in the near term.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Conversely, if <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coingape.com\/price-predictions\/dogecoin-doge-price-prediction\/\"><span style=\"font-weight: 400;\">Dogecoin price prediction<\/span><\/a><span style=\"font-weight: 400;\"> manages to break through the resistance level at $0.16, a potential rally toward the $0.20 level could occur.<\/span><\/p>\n<figure id=\"attachment_243455\" aria-describedby=\"caption-attachment-243455\" style=\"width: 1147px\" class=\"wp-caption aligncenter\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-243455\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/DOGEUSDT_2025-03-11_11-47-24.png\" alt=\"Elon Musk's Tesla Down 15%, Can Dogecoin Price Attempt Recovery Here?\" width=\"1147\" height=\"583\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/DOGEUSDT_2025-03-11_11-47-24.png 1147w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/DOGEUSDT_2025-03-11_11-47-24-300x152.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/DOGEUSDT_2025-03-11_11-47-24-768x390.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/DOGEUSDT_2025-03-11_11-47-24-150x76.png 150w\" sizes=\"auto, (max-width: 1147px) 100vw, 1147px\"\/><\/noscript><figcaption id=\"caption-attachment-243455\" class=\"wp-caption-text\">Dogecoin Price Chart: <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/www.tradingview.com\/x\/vAewzMPE\/\">TradingView<\/a><\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">The latest report indicates that whales purchased over 1.40 billion Dogecoin in the last 24 hours. This surge in large-scale purchases by significant holders could likely lead to increased price volatility.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As whale transactions influence market trends, the added buying pressure might push Dogecoin\u2019s value higher in the short term. Consequently, this activity could signal bullish sentiment for the token.<\/span><\/p>\n<p><img decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Image\" data-lazy-src=\"https:\/\/pbs.twimg.com\/media\/GlrVuHGXAAA-A6v?format=jpg&#038;name=4096x4096\"\/><noscript><img decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/GlrVuHGXAAA-A6v?format=jpg&#038;name=4096x4096\" alt=\"Image\"\/><\/noscript><\/p>\n<p><span style=\"font-weight: 400;\">To sum up, Tesla\u2019s 15% loss raises concerns about its future, while Dogecoin\u2019s price may see fluctuations amid market corrections. Whether DOGE can recover or break through key support levels remains to be seen.<\/span><\/p>\n<section class=\"accordion-content mt-4\" id=\"faq\">\n<h2 class=\"mb-4 h3 fw7\">Frequently Asked Questions (FAQs)<\/h2>\n<div class=\"accordion-item\">\n<div class=\"faq-item-content\" style=\"\">\n<p>\n                            \tTesla&#8217;s stock fell due to lower sales, reduced profits, market sell-offs, and concerns over Elon Musk&#8217;s political involvement.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"accordion-item\">\n<div class=\"faq-item-content\" style=\"\">\n<p>\n                            \tMusk\u2019s political actions have raised concerns that he\u2019s distracted from running Tesla, impacting investor confidence.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"accordion-item\">\n<div class=\"faq-item-content\" style=\"\">\n<p>\n                            \tDogecoin could recover if it breaks $0.16 resistance, potentially rallying to $0.20.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/section>\n<p>                                <!-- \n\n<div class=\"desktopPostEnd d-on\"><\/div>\n\n --><\/p>\n<div class=\"m-on mobiless\">\n<div id=\"social-section-new\">\n<p>\u2713 Share:<\/p>\n<p>                                  <a rel=\"nofollow\" target=\"_blank\" class=\"social-text_new wp_new\" href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/coingape.com\/markets\/elon-musks-tesla-down-15-can-dogecoin-price-attempt-recovery-here\/\" target=\"_blank\" style=\"display: block\">  <i class=\"fa fa-whatsapp\"\/><\/a><\/p>\n<div>\n                                <a rel=\"nofollow\" target=\"_blank\" class=\"social-text_new tw_new_logo\" href=\"https:\/\/twitter.com\/intent\/tweet?text=https:\/\/coingape.com\/markets\/elon-musks-tesla-down-15-can-dogecoin-price-attempt-recovery-here\/\" target=\"_blank\"><br \/>\n  <img loading=\"lazy\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" class=\"mb-1\" alt=\"coingape\" width=\"30\" height=\"30\" data-lazy-src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\" class=\"mb-1\" alt=\"coingape\" width=\"30\" height=\"30\"\/><\/noscript><br \/>\n<\/a>\n                                <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"authorBoxnew newauthordesign\">\n<div class=\"author_Ndata d-flex align-items-center mb-2\">\n<div class=\"author_Image\">\n                                           <img loading=\"lazy\" alt=\"\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" data-lazy-srcset=\"https:\/\/secure.gravatar.com\/avatar\/ffba11efd7ab7cf0adcd46f45def560c?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" data-lazy-src=\"https:\/\/secure.gravatar.com\/avatar\/ffba11efd7ab7cf0adcd46f45def560c?s=200&#038;d=mm&#038;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/ffba11efd7ab7cf0adcd46f45def560c?s=200&#038;d=mm&#038;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/ffba11efd7ab7cf0adcd46f45def560c?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                  <\/div>\n<p>Anna  <\/p>\n<\/p><\/div>\n<p>Annah enjoys writing about cryptocurrency and blockchain technology. With More than 5 years of experience. For years she has followed their development and now believes these technologies could potentially revolutionize many industries. She has specialized in technical analysis to help cryptocurrency traders make more informed decisions.                     <\/p>\n<\/p><\/div>\n<p>Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elon Musk\u2019s Tesla stock has been on a sharp decline, losing nearly 15% of its value over the past few days. This drop follows a loss of post-election gains, with many attributing the decline to CEO Elon Musk\u2019s political involvement. Alongside Tesla\u2019s struggles, Dogecoin (DOGE) price has also faced significant losses, hovering around $0.15 amidst [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":381457,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-381455","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/381455","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=381455"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/381455\/revisions"}],"predecessor-version":[{"id":381459,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/381455\/revisions\/381459"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/381457"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=381455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=381455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=381455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}