Dogecoin Takes a Tumble! 📉

by

Markets

What to know:

  • Dogecoin, bless its heart, took a bit of a tumble, fallin’ below the $0.129 mark. Seems folks are sellin’ faster than a greased pig at a county fair.
  • The thing slipped a meager 0.3% in the last day-a pittance, you say? Well, it traded ‘tween $0.1309 and $0.1305, and got itself all worked up with a 4% wiggle.
  • Despite attempts to perk up, the sellin’ kept a-comin’, leavin’ DOGE in a pickle, wouldn’t you say?🤔

Dogecoin, that fickle friend, edged lower over the last 24 hours. A bit of sellin’ pressure pushed it below that key support level near $0.129, with a heapin’ helpin’ of volume confirmtin’ a breakdown from its recent rest.

Market overview

  • DOGE dipped ’bout 0.3% over the 24-hour stretch endin’ Dec. 22, slidin’ down from $0.1309 to $0.1305 after failin’ to hold onto support that’d been keepin’ things steady for a spell.
  • The percentage change weren’t much, mind ye, but the price was movin’ around a good bit – ’bout 4%, showin’ folks were gettin’ a mite sensitive ’bout its position.
  • Trade picked up considerin’ mostly, with a good amount of volume. It rose sharply, far above average. Brief strength carried DOGE toward $0.134 before the sellers came out to play.

Technical analysis

  • The picture got a tad gloomy during U.S. and Asian hours as DOGE lost its grip near $0.1289, that spot where buyers had been hangin’ ’round lately.
  • The breakdown happened with a good surge in volume, suggestin’ folks were truly participatin’ , not just driftin’ along due to ease.
  • The real dip came shortly after 02:00 UTC, when the price went from the $0.132 area to $0.130 with a burst of sellin’.
  • That move made it well clear it was breakin’ away from previous levels. Former support became resistance, can you imagine?
  • On shorter time frames, DOGE is headin’ below its averages, with indicators leanin’ downwards rather than showin’ any signs of a change.
  • Attempts to bounce back towards $0.132 haven’t found much success, keepin’ pressure on the downside.

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2025-12-22 08:55