Since Elon Musk's performance on Saturday Night Live, the price of DOGE has been on a steep decline (SNL) Many retail investors FOMOed into Dogecoin above $0.40, leaving them with a near -50 percent loss on their coins. A bullish breakout on the BTC price will almost certainly trigger a new surge for DOGE. DOGE will most certainly free fall back to main support of $0.193, which is now being held, if bears get more control.