April had a rough start and is coming to an end with declines in the market. Bitcoin's price is below $64,000, but bulls are keeping it above $60,750 to prevent further drops. There is anticipation for a big shift in the market next week, with all eyes on Dogecoin.

Right now, the price of Dogecoin (DOGE) is at $0.1479. The pressure from the US economy has influenced the cryptocurrency market, including Dogecoin. The announcement of the US GDP growth below expectations has created uncertainty in the market.

Investors' expectations of the Fed's rate cuts have changed from six to possibly two cuts. This shift in expectations has led to a decline in interest in Dogecoin futures. Open positions have decreased significantly, showing a lack of investor confidence in taking risks in the market.

Looking ahead, the predictions for Dogecoin futures indicate a downward trend. Without clear announcements from the Fed regarding inflation targets, the bearish outlook may prevail in the market.

The price of Dogecoin might continue to decline based on current trends and technical analysis. Breaking through key resistance levels will be crucial for any potential price rebound. However, with Bitcoin also struggling, optimism in the market remains limited.

It is essential for Dogecoin to close above $0.159 to avoid further declines. If not, the price may drop towards $0.12 or even $0.10. On the other hand, reaching levels of $0.159 and $0.18 could signal a positive momentum shift for Dogecoin in the coming days.