Altcoins News
By Maheen Hernandez
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Whale Selling Sparks Renewed Downtrend. After multiple failed attempts to break the $0.18–$0.
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Technical Breakdown Confirms Bearish Bias. Dogecoin’s daily chart paints a bearish picture, showing a full breakdown from a multi-week…
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Key Support at $0.15 Could Decide the Next Move. For Dogecoin, the $0.15 level has emerged as the most critical short-term support.
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ETF Excitement Fades Despite Bitwise and Grayscale Plans. Adding to the bearish tone, enthusiasm around Dogecoin-related exchange-traded funds (ETFs) has…
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Market Sentiment Remains Fragile. The broader crypto market has been consolidating amid macroeconomic uncertainty and fading risk…
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Outlook: Bears Hold the Advantage. Dogecoin’s short-term outlook remains bearish unless bulls can defend the $0.
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Dogecoin (DOGE) is under renewed selling pressure as whale investors continue to offload large positions, erasing much of the recovery seen in recent weeks.
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After multiple failed attempts to break the $0.18–$0.19 resistance zone, Dogecoin entered a sharp correction phase, losing over 5% in a single day earlier this week.
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On-chain data reveals that large holders collectively sold more than 1 billion DOGE in the past week — roughly $440 million in total outflows.
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Market analysts say this level of whale activity often precedes deeper retracements, especially when accompanied by weak retail demand.
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This alignment suggests a sustained bearish market structure, with limited buying momentum in the short term.
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The Relative Strength Index (RSI) currently sits around 40.5, reflecting moderate bearish momentum, while the Moving Average Convergence Divergence (MACD) remains in negative…
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For Dogecoin, the $0.15 level has emerged as the most critical short-term support. Analysts warn that if the price closes below this zone, it could trigger an accelerated decline…
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“Dogecoin’s structure is clearly tilted toward the downside,” said one market strategist. “Unless bulls reclaim at least $0.18, the path of least resistance remains lower.”
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On the upside, reclaiming $0.189 — along with a daily close above the 50-day EMA — would be the first sign of strength.
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