Dogecoin Goes Wild in 5,590% Activity Surge as Price Hits Critical Low
Analysis
Price Impact
HighDogecoin experienced a massive 5,590% surge in futures activity, coinciding with its price testing a critical historical support level at $0.14. additionally, two significant dogecoin etfs (bitwise and grayscale) have launched, potentially attracting new capital and institutional interest.
Trustworthiness
HighThe data on futures volume is sourced from coinglass. the technical analysis regarding the $0.14 support level is attributed to ali, a known analyst, with a shared chart. etf launches are confirmed news events.
Price Direction
BullishDespite broader market 'extreme fear,' doge has consistently rebounded from the $0.14 support level, testing it five times. the substantial increase in futures activity indicates heightened interest, and the launch of spot dogecoin etfs provides new investment avenues, which could drive demand and price appreciation, especially if resistance at $0.1549 is surpassed.
Time Effect
LongThe establishment of a strong historical support level and the launch of regulated investment vehicles like spot etfs typically have long-term implications for a cryptocurrency's price trajectory and market legitimacy, rather than just short-term fluctuations.
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Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News The altcoin market continued to consolidate on Wednesday as a period of calm and stability swept across what was a chaotic market just last week. Amid the relative calm, Dogecoin has seen a significant jump in futures activity, with volumes spiking more than 5,000%. Advertisement According to CoinGlass data, Dogecoin futures volume rose 5,590.40% in the last 24 hours to $38.71 million. The volume surge coincides with Dogecoin testing a historical support, which marked a price bottom a number of times. HOT Stories Bitcoin Suddenly Reclaims $90K. Shortest Bear Market Ever? BREAKING: Grayscale Files for Very First Zcash (ZEC) ETF Morning Crypto Report: XRP May Gain $30 Billion in Next 30 Days: Bollinger Bands, Shiba Inu (SHIB) Recovers as $5 Billion Meme Coin, $100,000 BTC Back on Radar Fidelity: Bitcoin Collapsing Is Probably 'Good Thing' According to Ali, Dogecoin has now tested the $0.14 support level five times in a row. Ali shared a price chart, which revealed a price rebound whenever a price reached this key level. Advertisement Dogecoin $DOGE has now tested the $0.14 support level five times in a row! pic.twitter.com/gBfbEPcEqu — Ali (@ali_charts) November 26, 2025 At press time, DOGE was up 1.07% in the last 24 hours to $0.15, as it rose for four days at a stretch before slightly declining. Dogecoin began to rise from a low of $0.133 on Nov. 21 to reach a high of $0.1549 to enter a bullish consolidation phase. Technical indicators suggest potential for upward movement if resistance at $0.1549 is surpassed. The crypto market remains gripped by "extreme fear" following last week's sell-off and the lack of a meaningful recovery, with Dogecoin anticipating its next price move. Broader market conditions remain cautious as speculative assets underperform large-cap crypto flows heading into year's end. Dogecoin is generally seeing subdued leverage engagement despite stable open interest, reflecting a market waiting for a clearer macro or sector-specific catalyst before directional exposure. Dogecoin news Bitwise Dogecoin ETF is anticipated to launch today, Nov. 26, on NYSE Arca, with the ticker BWOW. Bitwise, in a tweet, said the product launch was based on Dogecoin community demand. Grayscale's GDOG ETF launched on NYSE Arca with a zero-fee structure, becoming the first U.S.-listed spot Dogecoin ETF. The ETF's first trading day saw $1.41 million in volume but no net inflows, suggesting balanced activity from buyers and sellers. #Dogecoin News #Dogecoin #Dogecoin Price Prediction