Dogecoin nears 3‑month low; STABLE posts new high; Polygon nears all‑time low

BeInCrypto flagged three altcoins to watch for the weekend of January 31–February 1 as crypto markets remained volatile and sharp price swings reshaped short-term outlooks. Dogecoin (DOGE) has fallen 32% over the past two weeks to about $0.114, sitting just above a $0.113 support level and marking a three-month low, BeInCrypto said.

DOGE’s correlation with Bitcoin is currently 0.92, suggesting it may follow Bitcoin’s direction; a bullish shift could push DOGE toward $0.122–$0.128 and then $0.142, while a break below $0.113 could see it slide to $0.108. STABLE has surged 81% over the last two weeks and was trading near $0.0262 after reaching a new all-time high of $0.0325, the outlet reported.

Chaikin Money Flow remains positive, supporting continued momentum, but a sudden shift in sentiment could drive STABLE down to $0.0214 or, with stronger selling, to $0.0174 — moves that would invalidate the bullish thesis. Polygon (POL) was described as the week’s worst-performing altcoin, trading near $0.111 and approaching its all-time low of $0.0985 — less than 12% away.

BeInCrypto noted the all-time low was set on the first day of the year, followed by a 76% rebound and a later 37% drop. Holding above $0.110 offers limited relief; reclaiming $0.138 would invalidate the bearish outlook and signal a potential recovery.

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