Dogecoin Slides Alongside Bitcoin, Memecoins as Traders Pare Risk Bets

Dogecoin Slides Alongside Bitcoin, Memecoins as Traders Pare Risk Bets

Source: CoinDesk

Published:2025-12-15 05:38

BTC Price:$89593

#DOGE #Memecoins #Crypto

Analysis

Price Impact

Med

Dogecoin experienced a sharp decline following the federal reserve's rate cut announcement, driven by broader market risk aversion. however, strong support emerged at $0.1372, indicating that immediate selling pressure is exhausted and the price has entered a stabilization phase with a v-shaped reversal.

Trustworthiness

High

The analysis is detailed, specific, and provided by coindesk, a well-regarded crypto news source, including technical levels and volume data.

Price Direction

Neutral

While dogecoin initially fell sharply, the defense of the $0.1372 support level and signs of selling exhaustion suggest a shift from active selloff to stabilization. the price is at a crossroads, with potential for short-term recovery if support holds, or further downside if it breaks.

Time Effect

Short

The analysis focuses on immediate downside momentum, crucial short-term support levels, and potential for short-term trend repair or consolidation.

Original Article:

Article Content:

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Dogecoin Slides Alongside Bitcoin, Memecoins as Traders Pare Risk Bets Dogecoin's immediate downside momentum appears exhausted, with $0.1372 acting as a crucial short-term support. By Shaurya Malwa Updated Dec 15, 2025, 5:38 a.m. Published Dec 15, 2025, 5:38 a.m. What to know : • Dogecoin fell sharply below key support levels following the Federal Reserve's rate cut announcement. • The critical support level of $0.1407 failed, leading to a significant increase in selling volume and a session low of $0.1372. • Dogecoin's immediate downside momentum appears exhausted, with $0.1372 acting as a crucial short-term support. Dogecoin suffered a sharp breakdown below key technical support as macro-driven risk aversion swept through crypto markets following the Federal Reserve’s rate decision. News Background Crypto markets turned defensive after the Federal Reserve announced a 25-basis-point rate cut, lowering its target range to 3.5%–3.75%. While the cut itself was expected, internal division among policymakers and renewed inflation concerns rattled risk assets, triggering broad selloffs across digital assets. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy . Meme coins, which tend to carry higher beta during macro shocks, underperformed as bitcoin dropped under $90,000 over the weekend. Dogecoin saw accelerated downside pressure as traders reduced exposure amid heightened volatility, despite no DOGE-specific negative developments. Technical Analysis From a technical standpoint, DOGE experienced a textbook capitulation event. The critical $0.1407 support level failed decisively at 15:00 UTC on December 12. Selling intensified immediately, accompanied by a 348% surge in volume, confirming forced liquidation rather than routine profit-taking. This type of volume expansion at support failure typically marks short-term exhaustion. Following the breakdown, DOGE printed a session low at $0.1372, where selling pressure began to fade. Subsequent candles showed progressively lower volume, signaling that sellers were losing control. The structure that followed — a sharp rebound with higher lows — completed a V-shaped reversal, often seen when large participants step in during panic conditions. While broader trend damage remains, the immediate downside momentum appears exhausted unless $0.1372 fails. Price Action Summary DOGE declined 2.6% over the session, falling from $0.1413 to $0.1376 and trading through a $0.0064 range, representing 4.6% intraday volatility. The steepest selling occurred during the breakdown window, when volume spiked to 1.11 billion tokens, overwhelming bids and pushing price swiftly lower. After establishing the $0.1372 low, DOGE stabilized and recovered modestly into the close, finishing near $0.1376. Late-session volatility briefly drove price back to $0.1372 during the 01:37–01:53 window, but buyers defended the level again, reinforcing it as near-term support. What Traders Should Know Dogecoin is now at a technical crossroads. • The $0.1372 low is the most important short-term support • A sustained hold above this level favors consolidation rather than continuation • Reclaiming $0.1407 would signal short-term trend repair toward $0.1425–$0.1440 • Failure below $0.1372 opens downside toward $0.1354 liquidity support • The volume profile suggests capitulation selling may already be complete In short, DOGE has shifted from active selloff to stabilization mode. The next move will depend on whether buyers can defend the $0.137 area and reclaim former support, or whether broader macro pressure forces another leg lower. More For You Protocol Research: GoPlus Security By CoinDesk Research Nov 14, 2025 Commissioned by GoPlus What to know : As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M. GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month. Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. 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