Coinspeaker
Nov 4, 2025
3 0

DOGE Drops 9% Amid Market Turmoil, Trading Volume Surges 101%

Market Turmoil Sends DOGE Tumbling

  • DOGE fell nearly 9% in the last 24 hours, trading around $0.165.
  • Trading volume surged by 101% during this period.
  • Bitcoin [BTC](https://holder.io/coins/btc/) fell about 4%, affecting the altcoin market heavily.
  • Ethereum [ETH](https://holder.io/coins/eth/) and Solana each lost over 7%.
  • Over $1.16 billion in crypto positions were liquidated in 24 hours, mostly longs.

DOGE Price Analysis

  • DOGE broke below its mid-range channel support near $0.18.
  • Potential support levels are at $0.16, $0.145, and $0.125; capitulation zone around $0.11.
  • RSI is at 24.01, indicating extreme oversold conditions.
  • MACD shows early signs of flattening, suggesting selling pressure may be exhausting.

DOGE price chart

  • If DOGE holds above $0.16 and reclaims $0.18–$0.19, a recovery phase could target $0.26 and possibly $0.48.
  • A bullish reversal could make the $1 target reachable again.

Buying Opportunity?

  • Historically, steep declines in Dogecoin have often been followed by rallies.
  • The current correction might serve as an accumulation opportunity, given RSI and volume levels.
  • Failure to defend $0.16 risks further downward movement.