Dogecoin Price Sees Shift As Microsoft DOGE For Payments

Dogecoin experienced a swift market shift as a major technical pattern broke and a corporate development emerged.

The DOGE price fell sharply after completing a nine-month bear flag formation, while Microsoft’s decision to accept Dogecoin payments introduced a new dynamic to the market.

At the time of writing, DOGE traded around $0.19, down 2.6% in 24 hours and 27% over the week. Could the integration stabilize sentiment around DOGE after its steep decline?

Bear Flag Breakdown Triggers Sharp DOGE Price Decline

Dogecoin’s chart structure showed a prolonged bear flag, a technical pattern that follows a steep decline and consolidates before another move in the same direction.

Data from Kev Capital indicated that the flag’s lower boundary finally gave way, leading to a measured downward move that completed within hours.

During that decline, the DOGE price fell rapidly from the upper boundary of the channel to align with the projected target before stabilizing near $0.19.

Analysts said the move confirmed months of weakening momentum, as the pattern had been developing since early 2025.

Trading volume rose sharply during the breakdown, suggesting short-term capitulation among over-leveraged positions.

The increase in selling pressure also aligned with reduced market liquidity, which often magnifies price swings.

Market observers noted that the sell-off completed the full bear flag structure, a signal that the prior downtrend might have reached its exhaustion phase.

However, traders remained cautious, monitoring whether DOGE would find stable support around current levels or retest lower zones.

The breakdown also reflected broader sentiment across the meme token sector, where several assets mirrored similar technical setups following months of speculative trading.

Microsoft Integration Supports Longer-Term DOGE Outlook

While the technical picture looked bearish, Microsoft’s announcement shifted the discussion toward real-world use.

The company confirmed that it had added Dogecoin (DOGE) as a payment option for selected digital products and services.

The rollout came through Microsoft’s digital commerce division, with the stated goal of expanding payment flexibility for users.

Analysts said the development represented another incremental move by a major corporation toward blockchain integration.

Although the feature applied only to certain services, it indicated continued interest among large firms in testing digital assets for consumer payments.

Commentators viewed the decision as particularly relevant for Dogecoin’s younger user base, many of whom already transact in tokens and other digital assets.

One analyst noted that Microsoft’s approach remained conservative but strategic, focusing on expanding optionality rather than speculative promotion.

Following the announcement, traders saw mixed reactions. Some considered the integration a potential support factor for DOGE’s medium-term market presence.

Others viewed it as too limited to influence short-term prices meaningfully. Even so, the announcement contributed to steady trading sentiment after the sharp sell-off.

It offered a reminder that Dogecoin’s cultural impact still translated into practical use cases, even during periods of technical weakness.

Microsoft now accepts Dogecoin as a payment method. | Source: Investments_CEO, X

DOGE Price Pattern Hints at Possible Recovery

Technical analysts highlighted that Dogecoin completed a second notable dip on the monthly timeframe, a structure previously seen before significant rebounds.

Historically, DOGE has shown a pattern of two consecutive dips before a strong rally phase.

This recurring formation, sometimes called the “two-dip setup,” served as a bullish reversal signal in earlier cycles.

If the same structure repeats, the DOGE price could gradually recover once volume stabilizes and buying interest returns.

Charts indicated that the recent decline aligned closely with prior cycle behavior, suggesting the possibility of a bottoming phase if support zones held.

Analysts cautioned, however, that confirmation would require a sustained move above key resistance areas and renewed momentum in broader altcoin markets.

Market participants pointed to prior data showing that after the second dip, DOGE typically “jumped to the next zone” within weeks or months.

That outlook depended on whether short-term liquidity and sentiment improved following Microsoft’s announcement.

At press time, DOGE remained near recent lows, reflecting the lingering impact of the rapid decline.

$DOGE Two-dip, bullish. | Source: Tardigrade, X

What Traders Could Watch Next

Dogecoin’s next direction depended on whether price stabilization followed the completion of its technical pattern.

If support near $0.19 held, analysts expected the DOGE price to consolidate before attempting a rebound.

Sustained trading volume and improving sentiment across the meme-token sector could reinforce that base.

On the other hand, a decisive break below current support might trigger another short-term decline toward earlier consolidation zones.

Traders also continued to monitor the broader risk environment as macro factors such as rate policy and equity volatility influenced crypto liquidity.

For now, Dogecoin’s market showed two opposing forces: technical pressure from a completed bearish formation and optimism from renewed real-world integration.

How these elements balanced over the next several sessions would determine whether DOGE’s latest decline marked exhaustion or the start of another downtrend.

At the time of writing, analysts viewed the market as technically oversold but awaited confirmation signals before calling a bottom.

Source: https://www.thecoinrepublic.com/2025/10/12/dogecoin-price-sees-shift-as-microsoft-doge-for-payments/