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Dogecoin Slips Under Key $0.14 Level as Momentum and Volume Fade

Thin liquidity after last year's ETF surge puts the focus on reclaiming the 50‑day average near $0.14 to avert a slide toward $0.13–$0.12.

Overview

  • DOGE traded around $0.136–$0.14 after failing to hold the $0.14 pivot, which flipped from support to resistance in recent sessions.
  • Short‑term indicators show softening momentum, with downward‑sloping EMAs, a neutral RSI, and the EMA50 near $0.14 acting as the immediate barrier while the EMA20 near $0.13 marks nearby support.
  • Multiple analyses highlight price pressing the upper boundary of a months‑long descending channel, keeping a potential breakout on the table if buyers regain control.
  • CoinGlass data point to sharply lower futures open interest versus the ETF‑driven peak, and one snapshot shows a roughly 43–50% drop in trading volume even as OI was cited modestly higher to about $1.8 billion.
  • Analysts, including Jonathan Carter, say a sustained break above the 50‑day/EMA50 could unlock upside targets at $0.153, $0.182, $0.20, $0.24, and $0.28, while failure keeps risk skewed toward $0.13–$0.12.