DOGE exits range as selling pressure builds at key levels

DOGE exits range as selling pressure builds at key levels

Source: CoinDesk

Published:04:18 UTC

BTC Price:$87125

#DOGE #Bearish #TechnicalAnalysis

Analysis

Price Impact

High

Dogecoin fell 5% after the federal reserve's rate cut and cautious guidance. it broke decisively below the $0.1310 support level with high trading volume, confirming a significant bearish shift and loss of a key technical level.

Trustworthiness

High

The analysis is from coindesk, a reputable source, and is based on specific technical indicators (support/resistance levels, volume) and a macro event (fed rate cut) that directly impacted the market.

Price Direction

Bearish

Doge has exited its trading range, with the $0.1310–$0.1315 zone now acting as resistance. increased selling pressure and high volume on declines suggest further downside is likely, with the loss of $0.1310 shifting doge into a corrective phase.

Time Effect

Short

The analysis focuses on 'short-term shift,' 'intraday timeframe,' and immediate support/resistance levels. it highlights what traders should know in the near future regarding current price action.

Original Article:

Article Content:

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email DOGE exits range as selling pressure builds at key levels The $0.1310–$0.1315 zone is now a resistance area, with further downside likely if volume remains high on declines. By Shaurya Malwa , CD Analytics Updated Dec 17, 2025, 4:18 a.m. Published Dec 17, 2025, 4:18 a.m. (CoinDesk Data) What to know : Dogecoin fell 5% after the Federal Reserve's rate cut, as traders reacted to cautious guidance and internal disagreements on future easing. The memecoin broke below the $0.1310 support level, confirming a bearish shift with increased trading volume. The $0.1310–$0.1315 zone is now a resistance area, with further downside likely if volume remains high on declines. Dogecoin lost a key technical level following the Federal Reserve’s latest rate decision, with heavy volume confirming a short-term shift toward bearish control. News background Dogecoin declined 5% during Tuesday’s session as crypto markets reacted to the Federal Reserve’s 25-basis-point rate cut and cautious forward guidance. While rates were reduced to a 3.5%–3.75% target range, policymakers signaled internal disagreement on the pace of further easing, dampening risk appetite 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 underperformed during the broader pullback, with DOGE facing outsized pressure as traders reduced exposure following recent consolidation near resistance. The move appeared driven more by positioning and macro sentiment than by token-specific fundamentals. Technical analysis DOGE broke decisively below the $0.1310 consolidation zone, a level that had acted as short-term support during recent range-bound trading. Once this level failed, selling accelerated quickly, confirming a breakdown rather than a brief liquidity sweep. Trading volume surged to 769.4 million tokens during the decline, far above recent averages, validating the move as active distribution rather than low-liquidity drift. Price formed a lower high near $0.1324 before rolling over, reinforcing bearish structure on the intraday timeframe. From a structural standpoint, the loss of $0.1310 shifts DOGE back into a corrective phase, with rallies now likely to face selling pressure unless that level is reclaimed convincingly. Price action summary DOGE traded from $0.1315 down to a session low near $0.1266 before stabilizing. Buyers stepped in at lower levels, producing a modest rebound back toward $0.1291 into the close. The recovery, however, occurred on fading volume and left price below key moving averages. Overnight trading showed continued pressure, with DOGE slipping from $0.1320 to $0.1314 on steady but controlled activity, suggesting sellers remain active on rallies. What traders should know The $0.1310–$0.1315 zone now acts as immediate resistance. As long as DOGE remains below this area, upside moves are corrective rather than trend-confirming. On the downside, $0.1290 is the first level to watch. A sustained break below this floor would likely reopen the $0.1266 support area. Conversely, holding above $0.1290 could allow DOGE to consolidate before the next directional move. Volume behavior remains key. Continued high volume on downside moves would confirm further distribution, while declining volume near support would suggest selling pressure is beginning to exhaust. 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. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B. View Full Report More For You Why XRP’s drop below $1.93 shifts short-term market structure By Shaurya Malwa 6 minutes ago The move followed multiple failed attempts to sustain momentum above recent resistance, leaving XRP vulnerable once support levels were tested again. What to know : XRP fell 2.6% to $1.90 after failing to break resistance, indicating short-term bearish control. The breakdown below the $1.93 Fibonacci level marked a technical failure, with increased volume confirming active selling. Traders should watch the $1.93 resistance and $1.88–$1.90 support levels for potential shifts in momentum. 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