Tensions in the Middle East are fueling a flight to safety, with traders rotating out of altcoins into stablecoins and bitcoin amid uncertainty around U.S. military escalation and sticky inflation.
Dogecoin started a fresh decline from the $0.1820 zone against the US Dollar. DOGE is now consolidating losses and might recover if it clears $0.1750. DOGE price started a fresh decline below the $0.1820 and $0.180 levels. The price is trading below the $0.1780 level and the 100-hourly simple moving average. There was a break above a bearish trend line forming with resistance at $0.1680 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh decline if it stays below the $0.1780 zone. Dogecoin Price Faces Resistance Dogecoin price started a fresh decline after it failed to clear the $0.1820 zone, underperforming Bitcoin and Ethereum. DOGE declined below the $0.1800 and $0.1780 levels. The bears even pushed the price below the $0.170 level. A low was formed at $0.1641 and the price is now attempting to recover. There was a minor move above the 23.6% Fib retracement level of the downward move from the $0.1811 swing high to the $0.1641 low. Besides, there was a break above a bearish trend line forming with resistance at $0.1680 on the hourly chart of the DOGE/USD pair. Dogecoin price is now trading below the $0.1780 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.1725 level. It is close to the 50% Fib retracement level of the downward move from the $0.1811 swing high to the $0.1641 low. The first major resistance for the bulls could be near the $0.1750 level. The next major resistance is near the $0.1820 level. A close above the $0.1820 resistance might send the price toward the $0.1880 resistance. Any more gains might send the price toward the $0.200 level. The next major stop for the bulls might be $0.2120. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.1750 level, it could start another decline. Initial support on the downside is near the $0.1680 level. The next major support is near the $0.1640 level. The main support sits at $0.1620. If there is a downside break below the $0.1620 support, the price could decline further. In the stated case, the price might decline toward the $0.150 level or even $0.1440 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now losing momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.1640 and $0.1620. Major Resistance Levels – $0.1750 and $0.1800.
In the late-cycle quiet of mid-June, veteran market technician Tony “The Bull” Severino, CMT, posted a monthly Dogecoin (DOGE) chart that suggests the meme-coin’s exuberant bark might be fading into a tired whimper. The 1-month candle view, published on TradingView at 22:43 UTC+2 on 17 June 2025, fixes DOGE at $0.1694 — down roughly 2.3% on the session — and places three stark black arrows where prior macro-momentum crested, rolled, and ultimately bled into prolonged downside. Is Dogecoin Just Playing Dead? On the price pane, the first arrow sits at the January 2018 peak, when DOGE briefly tagged the two cent area before relinquishing nearly all of its gains. The second arrow marks the euphoric blow-off in May 2021, when the token spiked to just under seventy cents and then began an two year descent. The third arrow lands on the most recent cluster of lower monthly highs that capped out just under $0.26 last month and has since slipped back beneath the psychological twenty-cent threshold. Beneath the candles, Severino overlays his preferred long-term MACD (labelled “LMACD”) with default histogram. The indicator — blue for the fast line, orange for the signal line — records an almost metronomic rhythm: steep positive crossovers during parabolic advances, followed by equally dramatic bearish flips as buyers are exhausted. The histogram’s tallest green bars in early 2017 and early 2021 coincide with those price spikes; in each instance, once the histogram faded to neutral and turned red, DOGE entered a multi-year drawdown. Related Reading: Dogecoin Price Enters ‘Alarm Zone,’ Major Move Coming? Today, that pattern appears to be repeating. The blue LMACD line has just crossed below the orange signal line, printing a modestly negative histogram value of -0.0263 while the signal rests at 0.1704 and the LMACD itself at 0.1440. The configuration mirrors the early stages of the 2018 and 2022 downturns, the two previous rollover points Severino emphasizes with his arrows. In his own words, the monthly oscillator “looks like it wants to roll over and play dead,” hinting that the crossover may herald a deeper retracement toward historical support zones. From a structural perspective, DOGE is now trapped between the former cycle’s floor near the five-cent mark and overhead resistance at the late-202 swing high around $0.48. The waning momentum on the LMACD suggests bears maintain the upper hand unless fresh demand arrives quickly enough to invalidate the incipient bearish crossover. A decisive close below the April low near $0.13 would open the chart to vacuum-like territory, as low as the cycle bottom at $0.0491. Related Reading: Bear Signal Lingers On Dogecoin—Here’s Why That’s Bullish Severino’s analysis, while strictly technical, lands at a moment when broader crypto liquidity is thinning ahead of the summer doldrums and as risk appetite shows signs of fatigue across digital assets due to postponed hopes for the next rate cut by the US Federal Reserve and geopolitical tensions between Israel and Iran. For long-term traders who monitor momentum more than memes, the monthly crossover carries more weight than any viral tweet. History does not repeat exactly, but for Dogecoin holders it has rhymed with unsettling precision every time the LMACD has curled over from an elevated crest. Whether the canine-themed coin has truly curled up for a longer nap, or merely paused before another round of tail-wagging speculation, will depend on how price reacts should the histogram grow more negative in coming months. For now, the chart’s message is unambiguous: Dogecoin’s dominant trend has lost its pulse, and momentum traders may want to keep a close ear to the dog’s breathing before assuming it is only playing. At press time, DOGE traded at $0.168. Featured image created with DALL.E, chart from TradingView.com
Dogecoin’s price is back at a crucial line. It’s testing the $0.168 area for a second time since mid‑April. A clear break could send the meme coin spinning lower. Bulls and bears are watching every tick. Related Reading: Record‑High Ethereum Open Interest Signals Institutional Confidence Key Support Under Scrutiny According to crypto expert Ali Charts, Dogecoin fell roughly 30% from its mid‑May high. That slide brought it down to the same $0.168 mark that held as support last April. If prices drop below that level on a weekly close, there are hardly any bids to slow the fall. Below $0.168 lies what traders call a “gap area,” where past buying activity was sparse. That could open the door to steeper losses and fast moves. Cup And Handle Pattern Based on reports, the current chart forms part of a four‑year cup‑and‑handle setup. The lower boundary of a symmetrical triangle sits right where the handle meets its cup. A clean break above the triangle’s upper trendline would point to a target near $0.75. #Dogecoin $DOGE must hold above $0.168 to avoid a 30% price drop! pic.twitter.com/PDhqo7fpcK — Ali (@ali_charts) June 15, 2025 That projection comes from the 1.618 Fibonacci extension of the cup’s depth. Hitting $0.75 would mean a 350% gain from today’s levels. Momentum Indicators Signal Weakness Momentum readings have lost much of their shine. After a brief golden cross in May, the 50‑day moving average slipped under the 200‑day in early June. The MACD line is widening beneath its signal, hinting at longer‑term selling pressure. The RSI sits at 42, under the neutral 50 mark, and drifting lower. Under 50 on the RSI often points to more sellers than buyers. With those readings turning sour, bulls need a strong bounce around $0.168 to stay alive. ETF Decision Could Swing Sentiment All eyes now turn to June 15, when US regulators may rule on a spot Dogecoin ETF. Approval would let traditional money flow in from big funds. A thumbs‑down or a delay, on the other hand, could spark fresh sell‑offs. That decision could make or break the next leg of Dogecoin’s move. Related Reading: Trump Media Makes Moves On Bitcoin And Smartphone – What’s Next? According to CoinCodex data, Dogecoin has recorded 13 out of 30 green days over the past month, with price swings of about 10.57% on average. Their forecast pegs DOGE at $ 0.20 by July 18, a 17% rise from current levels. Market sentiment sits in the neutral zone, and on‑chain signals aren’t flashing clear buy or sell warnings. This week’s action around $0.168 will tell us if Dogecoin can steady itself. Holders and traders should watch volume, weekly closes, and that looming ETF call. If support holds, we may see a rebound. If it breaks, lower levels could come into view fast. Either way, Dogecoin is at a make‑or‑break moment—and everyone will be listening for the next big clue. Featured image from Unsplash, chart from TradingView
Meanwhile, K33 launched a new share issuance plan to raise funds toward its 1,000 BTC treasury accumulation target.
The Dogecoin price is recording significant losses across multiple timeframes as the crypto market experiences a spike in selling pressure. The memecoin has been one of the worst performing cryptos over the past months as bull fail to push its price above critical levels. Related Reading: On-Chain Analyst Warns: Bitcoin Peak Expected, Altcoins Facing -95% Plunge At the time of writing, the Dogecoin price trades at $0.17, recording a 13% loss over the past seven days. On smaller timeframes, DOGE saw a 3% decline only topped by Solana. Dogecoin price trends to the downside on the daily chart. Source: DOGEUSDT on Tradingview Dogecoin Price On Ropes, Where Is DOGE Heading? According to top analyst Eliz, the Dogecoin price is at risk of falling to a dangerous area if it fails to sustain its current price. This ‘alarm zone’ is sitting around $0.14, if bulls fail to defend this area, the DOGE is at risk of falling deeper into the $0.12 to $0.08 and revisit levels last seen in 2024. Dogecoin price heading for a critical area. Source: Eliz883 via X As seen in the image above, the analyst remains hopeful that the cryptocurrency might rebound if it hits the ‘alarm zone.’ If this scenario comes to fruition, the cryptocurrency might reclaim its current levels and rise slightly towards the $0.2 area. The bullish momentum might push DOGE to previous highs on low timeframes, thus entering the $0.20 to $0.24 range. However, traders should remain cautious and watch closely for the coming price action before taking any position. Altcoin Season Could Save the DOGE Price Chris Burniske, former lead crypto analyst at Ark Invest, believes the altcoin sector is displaying some strength despite the Bitcoin sell off. While the top cryptocurrency seems to be cooling off, Burniske claims that Ethereum and Solana remain relatively healthy. Related Reading: Bear Signal Lingers On Dogecoin—Here’s Why That’s Bullish This factor might play in favor of a Dogecoin price rebound, even if the crypto hits the ‘alarm zone.’ The analyst stated the following on the current altcoin cycle hinting at potential gains for DOGE and other cryptocurrencies: ETH showing more strength than acknowledged, and SOL processing major FTX unlocks that were once viciously FUD’d without much of a sweat. The dynamics of this bull are different from prior runs, largely owing to altcoin fatigue, memecoin mania, and TradFi finally “getting it,” but the bull is still alive. Cover image from ChatGPT, DOGE/USDT chart from Tradingview
Crypto Sat recently took to X to share a technical insight on Dogecoin, revealing that the asset is showing signs of accumulation following a sharp correction. According to the analyst, the 2-hour chart is beginning to shape a potential double bottom pattern. Should this structure be confirmed, it might signal a renewed upward push for DOGE, catching the interest of short-term traders and long-term holders. Make-or-Break Moment For Dogecoin: The Neckline Battle Ahead Dogecoin is currently displaying the characteristics of a double bottom formation, a classic reversal setup that could signal a shift in momentum, as noted by Crypto Sat. The first bottom was established around the $0.170 mark, following a significant price drop, where buyers initially stepped in to defend the zone. Related Reading: Dogecoin Must Hold This Level—Or Risk A 30% Price Crash Shortly after, DOGE made a move back down for a second test of the same support area, with a higher low structure forming, suggesting weakening bearish pressure and the emergence of early accumulation. The key area to watch is the neckline resistance, which sits in the $0.198 to $0.200 range. Crypto Sat emphasizes that a breakout above the neckline would serve as strong technical confirmation of a shift in market sentiment. If bulls manage to push through, it might open the door for a sustained upward rally, as traders gain confidence in the reversal setup taking hold. Here Are Key Signals To Watch In the analysis, Crypto Sat has outlined several key signals to watch as Dogecoin’s price action tightens. One early bullish sign, he notes, is the rising volume on the second bottom, a subtle but important clue that buyers may be stepping in with growing conviction. Volume often leads price, and this uptick could mark the start of renewed upward momentum. Related Reading: Dogecoin Breaks Out Of Bull Pennant—What’s The Target? The crucial level to monitor is the resistance zone around $0.200. A strong breakout above this zone could trigger a technical shift, paving the way for a potential rally toward the $0.220 and $0.230 range. Such a move would confirm the double bottom formation and likely attract more bullish participation as confidence builds. However, if price fails to break through the neckline, support around $0.165 becomes the next critical level. A bounce from that zone would keep the pattern alive, but a clean drop below it could invalidate the setup and suggest further downside risk. Sharing his personal outlook, Crypto Sat believes DOGE may be positioning for a breakout, but cautions traders to be patient. “Let the neckline decide the next big move,” he advises, underscoring the importance of watching for confirmation before making aggressive plays. Featured image from Pixabay, chart from Tradingview.com
Dogecoin’s Market-Value-to-Realised-Value (MVRV) Z-Score is printing just 0.28 – a level normally associated with capitulation, not euphoria. Yet the price of the ninth-largest cryptocurrency keeps carving a succession of higher highs and higher lows on the weekly chart, trading near $0.17 with a market capitalisation of roughly $26 billion in Monday’s late-New-York session. The juxtaposition between lethargic on-chain sentiment and resilient spot bids was laid bare in a chart posted to X by Kevin, the pseudonymous analyst behind @Kev_Capital_TA. “Dogecoin MVRV Score is still at bear-market levels while price continues to make higher highs and higher lows on higher time frames,” he wrote. Kevin also pointed out that previous cycle tops saw the Z-Score blow off at ≈11 in 2017 and ≈16 in 2021, whereas the current advance has so far peaked at 3.5. “#DOGE … has not seen a real bull run yet. This delay in durable Altcoins out-performance is very much due to restrictive monetary policy… It will change at some point and Alts will have their day in the sun.” The Macro Backdrop For Dogecoin The “restrictive monetary policy” Kevin cites remains the single most important head-wind for the entire alt-coin complex. In the US, the Federal Reserve has held the fed-funds target at 4.25 %–4.50% since January, having already delivered three cuts in 2024. Related Reading: Dogecoin Must Hold This Level—Or Risk A 30% Price Crash Futures markets this week imply the first additional reduction “around September or later,”after soft May inflation but a still-solid economy At the same time the Fed is only slowing — not stopping — quantitative tightening: beginning 1 April the monthly Treasury run-off cap fell to $5 billion from $25 billion, but Chair Jerome Powell made clear “there is no sign yet the Fed is ready to end QT.” In Europe, the ECB has started to nudge borrowing costs lower, slicing the deposit rate to 2% on 5 June. President Christine Lagarde nevertheless insisted the Governing Council was “in a good position” to move gradually and would keep quantitative easing “in the toolbox,” rather than redeploying it. Vice-President Luis de Guindos was more explicit yesterday, telling Reuters that the ECB had “learned much more about side effects” of money printing and that the bar for new QE is now “higher.” The net result is a world in which policy rates are still comfortably above neutral, liquidity is being drained by the Fed, and European officials are determined not to repeat the 2015-21 experiment of perpetual bond-buying. In Kevin’s words, this “delay” in easy money explains why alt-coins have under-performed Bitcoin so far in the 2024-25 cycle. Reading The MVRV Tea Leaves MVRV compares the aggregate market value of all coins with the value at which they last moved on-chain (their realised value). A Z-Score normalises that ratio against its own multi-year mean and standard deviation. Historically for Dogecoin, values above +9 have coincided with secular tops (January 2018; May 2021), values between –1 and +1 have appeared during long lateral “crypto winters,” and values below –1 have signalled deep capitulation and, in hindsight, exceptional long-term entry points. Related Reading: $8 Dogecoin? Analyst Says You’ll Regret Sleeping On This Chart Today’s 0.28 sits squarely inside the winter band even though spot DOGE is up roughly 5x from its 2022 lows. The same disparity is visible within the chart: the blue line (market cap) has been rising since late 2023, while the red Z-Score remains pinned near zero because the orange line (realised cap) is climbing almost in lock-step as dormant supply changes hands at higher cost basis. In plain English, the average on-chain holder is not yet sitting on the kind of paper profits that breed euphoria. When Could Policy Turn From Restrictive To Supportive? Futures markets now look for two quarter-point Fed cuts by December, taking policy to roughly 3.75%. Market-implied odds of a September move fluctuate with each inflation print; should shelter and services dis-inflation stall, traders will push expectations into 2026. However, neither the Fed nor the ECB is openly contemplating new asset purchases. Powell told reporters in March that the slower pace of QT is designed to “extend how far the central bank can run QT before needing to stop,” not to hint at a reversal. In Frankfurt, de Guindos stressed that “sometimes it’s much easier to start using [QE] than to withdraw it,” signalling that any relaunch would require either a financial-stability shock or a deep recession. With QT still active and rate-cut trajectories shallow, a powerful systemic tail-wind for DOGE may not materialise until after the first Fed or ECB pause in balance-sheet contraction. If consensus is correct that QT ends late-2025 or early-2026, any prospective QE would be a story for the next downturn, not this upswing. Kevin’s interpretation hinges on potential energy. Because the Z-Score has not yet detached from its mean, Dogecoin can, in theory, absorb a fresh wave of retail and leverage-driven inflows without immediately flashing the kind of overheated signal that coaxed sellers in 2017 and 2021. Put differently, DOGE’s spring has not been compressed. Macro, however, remains the gating factor. “Buy them low and sell them high. Never get attached to your Alts,” the analyst reminds followers. For now, low MVRV suggests structural downside is limited, but cyclicality implies explosive upside will likely coincide with a convincing turn in global liquidity – a turn that the Fed and the ECB, by their own admission, are not yet ready to deliver. At press time, DOGE traded at $0.17387. Featured image created with DALL.E, chart from TradingView.com
An analyst has explained how Dogecoin might have to hold strong above this level, if the memecoin has to avoid a 30% price drop. Dogecoin Is Currently Trading Inside A Symmetrical Triangle In a new post on X, analyst Ali Martinez has shared a chart that shows where Dogecoin currently stands from a technical analysis (TA) perspective. Below is the graph in question, showing the trend in the 1-day price of the memecoin. From the chart, it’s visible that the Dogecoin price has possibly been trading inside a triangular channel during the last few months. The channel hasn’t appeared to be just any triangle-shaped one, either, but a special type called the Symmetrical Triangle. Related Reading: Ethereum ETF Frenzy: Inflows Jump 5x While Bitcoin Stalls A Symmetrical Triangle forms whenever an asset observes consolidation between two trendlines converging at a roughly equal and opposite slope. The upper line of the pattern tracks lower highs in the price, and the lower one higher lows. As the asset moves inside this channel, its range becomes narrower with time, until it shrinks down to a point at the apex. Generally, volatile moves are more likely to occur when consolidation tightens, so a breakout of the pattern becomes increasingly probable as the price approaches the tip of the triangle Symmetrical Triangle breakouts can signal a continuation of the trend in the direction of the break. This means that a rise above the pattern can be a bullish sign, while a drop below it may be a bearish one. As displayed in the chart, the 1-day price of Dogecoin has recently been nearing the end of the triangle, a potential sign that a breakout could be imminent. Currently, the memecoin is retesting the lower line, so it will be interesting to see whether the level holds or if this is where a break would finally happen. Unlike the Ascending and Descending Triangles, two other popular types of triangular channels in TA, breakouts are usually considered to be equally probable in either direction for a Symmetrical Triangle. The reason is simple: consolidation occurs in an exactly sideways manner in this pattern. In contrast, the Ascending and Descending types slope upward and downward, respectively, which can bias the breakout direction. Thus, even if Dogecoin is retesting the lower level right now, a rebound and then breakout from the upper line may also still be quite possible. That said, in the event that a bearish breakout does take place, things can be especially troubling for DOGE, as there is another level of importance just nearby. Related Reading: $390M In Ethereum Leaves Exchanges—Biggest Daily Exit In Over A Month The level in question, situated around $0.168, corresponds to the 0.786 Fibonacci Retracement level. Fibonacci Retracement levels are lines defined using ratios found in the famous Fibonacci series. “Dogecoin $DOGE must hold above $0.168 to avoid a 30% price drop!” warns the analyst. DOGE Price At the time of writing, Dogecoin is trading around $0.177, down over 4% in the last week. Featured image from Dall-E, charts from TradingView.com
Cantonese Cat’s first livestream in weeks, broadcast on 15 June, devoted an extended segment to Dogecoin’s long-term structure—and the veteran technician was unequivocal about the upside he still sees. In his words, “this is still a cup and this is still a handle,” and if that formation completes he expects the meme-coin to break “anywhere from like $5 to $8.” That target, he added, is anchored by the intersection of a monthly GAN arc and Fibonacci extensions that have governed Dogecoin’s entire post-2020 advance. Dogecoin Price Could Hit $8 The analyst began by stripping the chart to its monthly timeframe and toggling off short-term clutter. He noted that Dogecoin has already tested the lower boundary of the Ichimoku cloud and, despite failing to “penetrate the monthly cloud” on the first attempt, continues to coil beneath it. “Even if it goes sideways for another month or two,” he said, “it’s going to enter the Ichimoku cloud one way or another—you can either push up like that or you can just go sideways and you get inside the cloud.” Under either scenario, the tenor remains constructive because the price is “forming higher highs and higher lows.” Related Reading: This Analyst Predicted The Dogecoin Price Crash – Here’s The Rest Of The Forecast Central to his conviction is the 20-month simple moving average, a line he regards as the spine of every major Dogecoin bull cycle. During the manic run of early 2021, price action “rode the 20[-month SMA] up” without once breaking it; when that moving average finally failed, the bear market ensued. Today, Dogecoin sits on top of the same level. “It looks like we’re able to use that as support,” he argued, and that support zone—currently just below the handle—doubles as what he calls a “buy zone” for long-horizon traders. The analyst himself “was buying more DOGE the last 4-5 days,” he revealed via X. Cantonese Cat also addressed the coin’s lethargy since April, insisting that the compression is constructive rather than dangerous. He pointed to the fact that Dogecoin is grinding just beneath the 0.5 log-scale retracement of the entire 2021–2022 decline, a behaviour he interprets as “building up some energy.” The longer the coil, the sharper the eventual expansion, he argued, provided the higher-timeframe moving averages remain intact. Related Reading: Will Dogecoin Moon Or Crash? This Indicator Holds The Answer Pressed by viewers about timing, the analyst declined to publish a timetable and reminded his audience that the breakout will almost certainly coincide with a broader alt-season. He did, however, flag the moment price re-enters the Ichimoku cloud as the technical “green light” for acceleration. Once that happens, the measured-move objective from the cup-and-handle and the GAN arc intersection converge in the $5–$8 zone—levels that would represent new all-time highs and deliver returns of roughly 3,000–5,000 percent from current prices. “Anything that’s closer to the twenty-one moving average is a good area to add,” he concluded, cautioning newcomers not to chase sudden green candles but to accumulate methodically while the chart remains “boring.” The implication is clear: Dogecoin’s dormancy may be the final shakeout before the largest impulse of the cycle, and those ignoring the calm may indeed “regret sleeping on this chart” if—and only if—the structural signals Cantonese Cat tracks fall into place. At press time, DOGE traded at $0.177. Featured image created with DALL.E, chart from TradingView.com
Dogecoin started a fresh decline from the $0.1880 zone against the US Dollar. DOGE is now consolidating losses and might recover if it clears $0.1780. DOGE price started a fresh decline below the $0.1880 and $0.180 levels. The price is trading below the $0.180 level and the 100-hourly simple moving average. There is a short-term bearish trend line forming with resistance at $0.1760 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh decline if it declines below the $0.180 zone. Dogecoin Price Dips Again Dogecoin price started a fresh decline after it failed to clear the $0.1880 zone, like Bitcoin and Ethereum. DOGE declined below the $0.1800 and $0.1750 levels. The bears even pushed the price below the $0.1720 level. A low was formed at $0.1695 and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $0.2064 swing high to the $0.1697 low. Dogecoin price is now trading below the $0.180 level and the 100-hourly simple moving average. There is also a short-term bearish trend line forming with resistance at $0.1760 on the hourly chart of the DOGE/USD pair. Immediate resistance on the upside is near the $0.1760 level. The first major resistance for the bulls could be near the $0.1785 level. The next major resistance is near the $0.180 level. A close above the $0.180 resistance might send the price toward the $0.1880 resistance. It is close to the 50% Fib retracement level of the downward move from the $0.2064 swing high to the $0.1697 low. Any more gains might send the price toward the $0.200 level. The next major stop for the bulls might be $0.2120. More Losses In DOGE? If DOGE’s price fails to climb above the $0.180 level, it could start another decline. Initial support on the downside is near the $0.1720 level. The next major support is near the $0.1700 level. The main support sits at $0.1680. If there is a downside break below the $0.1680 support, the price could decline further. In the stated case, the price might decline toward the $0.1550 level or even $0.1525 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now losing momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.1700 and $0.1680. Major Resistance Levels – $0.1760 and $0.1800.
The Dogecoin price has crashed alongside the rest of the crypto market, and this has led to the break of a very important support level. This crash below $0.18 has signaled a turn in the tide, and this could trigger the next wave of declines. A crypto analyst had previously predicted this market decline, calling it before it began. However, it is not all bad news for the meme coin as longer timeframes offer more bullish options as time goes by. Dogecoin Price Still Bullish On The Long-Term Crypto analyst Master Ananda forecasted in a TradingView post where the Dogecoin price could be headed next. At the time of the post, the Dogecoin price was still trading close to the $0.2 level, and the market was still on an upward trajectory. While positive sentiment seemed to be returning to the market at that time, the analyst was calling out the possibility of a pullback. Related Reading: Bitcoin Bears Back In Control After $110,000 Rejection, What Comes Next? Master Ananda explained that the Dogecoin price was still quite bearish, but this was only on the short-term timeframe. This leaves out only the long-term timeframe for the bullishness, and so far, the meme coin’s market trend seems to be playing out the way the crypto analyst predicted. He called for a correction, using the April 2025 low as a basis and the lower highs that had formed as a result. This had begun back in December 2024 when the Dogecoin price had begun putting in lower highs, suggesting that there was bearishness building up in the market. Presently, as the Dogecoin price has dropped back below the $0.18 support, the analyst simply pointed out that it was a continuation of the decline that had begun on May 11 after the market recovery. While this is bearish for the short-term, suggesting there could be a bit more correction to go, the analyst doesn’t expect it to last long. Where Could The DOGE Price Go From Here As for the bottom of the current Dogecoin price correction, Master Ananda expects the price to bottom above the April 7 lows, which were above $0.13. This would put the meme coin at around $0.15 before the bottom is in, and then the recovery is expected to begin. Related Reading: Altcoin Season Just Flashed A Golden Cross Amid Crypto Market Recovery The crypto analyst urged investors, especially those holding spot bags, to wait for the dust to settle. After this, he expects the altcoin to turn bullish again. For traders going short, he advises caution and not to hold the trade for too long, as the range is short. “We are very likely to get a higher low compared to 7-April,” Master Ananda predicted. “If too many leveraged positions are open though and the market wants to remove those, there can be a long wick that pierces support for the action to recover the next day.” Featured image from Dall.E, chart from TradingView.com
Leading meme coins are not immune to the market’s sell-off, with Dogecoin, Fartcoin, Pepe, and other meme giants plunging.
The SEC has delayed decisions on crypto ETF proposals, including Dogecoin and HBAR, while seeking further public input.
According to market technician Cantonese Cat (@cantonmeow) a single metric—the 20-month simple moving average—could be the line that could separate another vertical rally from a gut-wrenching breakdown for Dogecoin. Currently, DOGE sits comfortable above that moving average, now plotted at $0.1751. The black curve on Cat’s chart shows only three clean retests of the 20-month SMA since 2014. All Eyes On Dogecoin’s 20-Month SMA The first came in March 2017, when price tapped the average near $0.00020 and then ripped more than 9,000% into the January 2018 peak. The second occurred in the winter of 2020, with price kissing the average at roughly one-fourth of one cent before the parabolic 34,500% run to $0.73 the following May. The third and current encounter began in August last year when DOGE rallied by more than 480%. As of today, two successive monthly candles dipped into the zone just below twenty-cents, but both were bought aggressively, leaving higher wicks and preserving the upward slope of the average. Cantonese Cat argues that as long as that moving average remains intact, “we’re going higher.” A decisive monthly close beneath $0.175 would, by this read, place the entire structure at risk and could usher in the sort of multi-month down-trend that followed the 2018 and 2021 climaxes. Related Reading: Dogecoin Faces Make-Or-Break Moment This Month, Predicts Analyst TOTAL2 Needs To Break Out Analyst Kevin (@Kev_Capital_TA) overlays that micro view on a much broader canvas. His chart tracks the total crypto market capitalization ex-Bitcoin (TradingView ticker “TOTAL2”) in monthly candles back to 2017. Two bold yellow trend-lines define a seven-year rising channel whose upper rail repelled price at the January 2018 and November 2021 alt-season tops. Since the June 2022 low, the market has carved out an ascending triangle: a rising series of higher lows presses against a flat-topped supply zone between roughly $1.43 trillion and $1.7 trillion. The apex of the triangle now looms; aggregate alt-cap is already worth about $1.2 trillion — all that stands between the current print and a confirmed breakout is a monthly close above the upper edge of that yellow rectangle. Kevin’s projection measures the height of the pattern and adds it to the breakout level, dropping a vertical marker that intersects the mid-channel near $5.89 trillion. Kevin’s first Fibonacci extensions target is the 1.618 at $4.06 trillion. Higher extensions at 1.886, 2.0 and 2.618 cluster around $4.57 trillion, 5.89 trillion and $6.9 trillion respectively, the last of which coincides almost exactly with the channel’s ceiling and is circled as the analyst’s ultimate upside objective. Related Reading: Dogecoin Primed For Liftoff If It Can Break This Barrier: Key Price Targets Why does that matter for Dogecoin? The meme-coin’s two explosive cycles began only after TOTAL2 had broken its own prior-cycle high and money poured into non-Bitcoin assets. Kevin states that “altcoins are just scratching the surface of what is possible in the coming months,” provided that macro-liquidity and regulatory factors permit capital rotation out of Bitcoin into the wider market. In that scenario the 20-month SMA on DOGE would likely continue to slope higher, setting the stage for an explosive move higher. Conversely, failure of the alt-cap triangle would make a sustained loss of the SMA far more probable, robbing DOGE of its historical launch-pad. For now, the indicator holds—and with it the prospect that Dogecoin could be primed for yet another bout of furious upside. But as both analysts caution, the monthly close will tell the story: above the 20-month SMA and an alt-cap breakout, or below it and back into hibernation. At press time, DOGE traded at $0.189. Featured image created with DALL.E, chart from TradingView.com
Market volatility intensifies as meme token faces critical resistance levels amid institutional interest.
DogeOS will facilitate the launch of approximately 15 casual games via PlaysOut, with Dogecoin rewards and Doginals-based assets.
Dogecoin is changing hands near $0.198 on Wednesday afternoon in Europe, almost 20 % below its late-March high yet still clinging to an eleven-month up-trend that now converges with a formidable technical inflection, according to independent analyst “VisionPulsed.” Is This Dogecoin’s Summer Liftoff? Speaking in a 10 June video, the analyst told viewers he had been “making the case that the first two weeks of June should be when we start moving up—if we’re bullish. He conceded that “there is a chance the move has started” after Dogecoin closed a two-day candle back above the 0.618 Fibonacci retracement drawn from the December 2024 swing high. The backdrop VisionPulsed describes is notably risk-on. Bitcoin is hovering around $109,500, roughly 3% shy of its all-time high, while Ethereum has punched out a fresh twelve-month high above $2,790. In equities, the S&P Small-Cap 600—an index the analyst referenced when he quipped that “the S&P broke 600 yesterday”—posted its strongest five-day advance since March, a move the analyst interprets as validation of a global-liquidity gauge Global M2. Related Reading: Dogecoin Primed For Liftoff If It Can Break This Barrier: Key Price Targets Hash-ribbon signals on Bitcoin flipped positive two weeks ago, the analyst noted, historically an early marker of revived demand for risk assets. “Bitcoin at 110K says we should go up. Ethereum breaking out says we should go up. If we still don’t go up… just pick a different investment choice.” Central to VisionPulsed’s thesis is a 70-day cyclical window counted from Dogecoin’s April 1 local low. “We’re approaching that 70-day mark.… It is now the time for it to be bullish,” he said, warning that failure to rally before mid-June would all but invalidate the setup. Yet the analyst concedes that Dogecoin’s fate is tethered to the ETH/BTC pair and to Bitcoin dominance, which has remained stubbornly elevated: “When the ETH-BTC move does occur, that’s going to be when the dominance falls and we need the dominance to fall because that’s when Dogecoin goes to the moon.” Until that rotation happens, any up-ticks in DOGE may remain prone to stalling beneath long-term resistance. Related Reading: Bloodbath Incoming? Dogecoin Must Hold This Level To Survive VisionPulsed identifies three price milestones that will decide sentiment. A daily close above $0.23 would constitute the first clear break of the descending trend-line in place since December, while $0.30—the 0.618 retracement of the entire 2021–2024 bear market—marks the level at which, he says, “people will start talking about Dogecoin at your summer camp… it’s going to be euphoric.” Should time drag on, he allows that the trigger could slide to $0.27, but the message is stark: “If we just shoot up, it’s still $0.30. If we take longer, it could be lower, but it’s the same concept.” With Bitcoin firm above six figures, Ethereum printing new local highs, and global liquidity gauges flashing green, the stage is set for an upside resolution. Whether Dogecoin can convert that macro tail-wind into a decisive break above $0.23—and ignite the $0.30 euphoria line—will become evident within the next fortnight. At press time, DOGE traded at $0.197. Featured image created with DALL.E, chart from TradingView.com
DOGE showed resilience with strong volume patterns as speculation builds around potential ETF approval.
Ether outpaces bitcoin on fresh institutional inflows and rising demand for tokenization, signaling a potential push towards its all-time high.
Dogecoin skidded to a low near $0.168 last week before snapping higher to trade around $0.19 on Tuesday morning, up roughly six percent over 24 hours. The rebound unfolded in lock-step with bitcoin’s own recovery from the technically charged $106,800 level to just above $109,000, re-invigorating short-term dip-buyers across the memecoin complex. Dogecoin Needs To Conquer This Price Level Technical analyst Kevin (@Kev_Capital_TA) argues that the Fib defence has restored bullish structure—but only up to a point. “After coming down to the .382 Fib Dogecoin finally found the support it needed along with BTC finding support at 100K,” he wrote. “As it goes for the immediate future of **DOGE it has a lot of work to do. Big resistance at .19-.21 cent range will need to be broken in order to head back up to that .26-.28 level. Indicators on the daily time frame look bullish.” Bitcoin’s behaviour therefore remains pivotal. Spot BTC is hovering near $109,000 this morning and has so far defended the $106,800 pivot flagged by several high-profile analysts, including Michael van de Poppe, as the “linchpin for a potential rally”. Should Bitcoin extend toward the $120,000-$130,000 band, Kevin argues that Dogecoin will decouple from its dependence on the benchmark “when dominance tops and the market sniffs out easing monetary policy.” Crypto pundit Chandler (“@ChandlerCharts”) is less sanguine. Overlaying DOGE’s four-day price against DOGE/BTC, market cap and a relative-strength oscillator, his graphic highlights three prior compression phases—shaded grey—where the memecoin failed to sustain outperformance against Bitcoin. Related Reading: Bloodbath Incoming? Dogecoin Must Hold This Level To Survive “Even if DOGE breaks above its November highs, it won’t feel great if DOGE/BTC ends up way lower than it was at the November highs,” he cautioned. Chandler calculates that with BTC at $107,600, Dogecoin would have to print roughly $0.52 simply to reach a higher high against Bitcoin. “If BTC runs to $120-130k, DOGE needs to be around $0.60+ for holding DOGE to make sense over BTC.” Related Reading: Dogecoin Is Going To $1 With The ‘Next Impulse’, Analyst Predicts That threshold underscores the importance of the $0.19-$0.21 supply zone visible on both analysts’ charts. On Kevin’s canvas it coincides with the 0.618-0.703 Fib cluster; on Chandler’s, it overlaps the upper edge of an eighteen-month value area that has repeatedly rejected upside probes. A decisive close above $0.211 would place the May 11 summit at $0.2597 back in play and, more importantly for bulls. For now, traders are watching two numbers: $106,800 on Bitcoin and $0.21 on Dogecoin. A clean break of the latter would validate Kevin’s bullish roadmap toward $0.26-$0.28 and, by extension, keep alive the possibility of Chandler’s higher-high scenario on the DOGE/BTC cross. Until then, the memecoin’s fate indeed “remains in the hands of BTC’s capability in heading higher.” At press time, DOGE traded at $0.19. Featured image created with DALL.E, chart from TradingView.com
Maelius (@MaeliusCrypto) has published a fresh weekly chart of DOGE/USDT from Binance and—despite the meme-coin’s recent pull-back—sees the groundwork for a textbook Elliott-wave extension that could catapult prices toward the psychological $1.00 mark. Can Dogecoin Hit $1? The chart tracks every weekly candle since early-2021 and puts the current market at $0.1843 after a four-week slide from the March high near $0.26. That decline has carried price straight back into a broad green “demand” band that now stretches roughly from $0.12 up to $0.17. The zone once acted as heavy overhead resistance during 2022-23; Maelius notes that, after last year’s breakout, it has switched polarity and is behaving as a base of demand. Two moving averages frame the structure. The 50-week exponential average (EMA 50, blue) is curling higher and sits at about $0.205, while the 200-week EMA (red) is printed at $0.1415. Price is currently wedged between the two, a configuration that often precedes a decisive expansion in volatility. Notably, a rising red trend-line—drawn beneath successive higher lows since late-2023—now coincides almost exactly with the 200-week EMA, reinforcing the $0.15 area as technical support. Related Reading: Bloodbath Incoming? Dogecoin Must Hold This Level To Survive Maelius’ count assigns the March 2024 spike to $0.23 as the primary wave 1, and the subsequent retreat to the October 2024 low near $0.12 as the primary wave 2. From that inflection point the analyst sees the opening stages of a third wave unfolding, but—crucially—he marks a smaller-degree wave 1 of that larger wave 1 peaking just above $0.48 in early December last year, followed by the present pull-back that he labels the smaller-degree wave 2. In other words, the chart shows a classic “1-2, 1-2” nesting: a big 1-2 at primary degree, immediately followed by a smaller 1-2 that kicks off the presumed third-of-third advance. Such a configuration is typically regarded by Elliott technicians as the most explosive setup in the entire impulse hierarchy because the next leg is the wave 3 of wave 3, a segment that can extend with the steepest slope and often delivers the bulk of a trend’s price appreciation. Related Reading: Dogecoin Needs $0.40 Breakout To Salvage Bull Case, Says Analyst A dashed projection ray extrapolates that third wave to the $1.10 region, before wave 4 is pencilled in as a shallow retrace to roughly $0.65 and wave 5 completes somewhere in the $1.50–$1.80 range. Maelius tempers the roadmap in his accompanying post, stating he is “not a fan of hard targets” but believes “this one goes towards $1 in the next impulse.” Under the price pane Maelius plots the weekly WaveTrend Oscillator (WTO). Both the fast (black) and slow (red) curves bottomed inside the highlighted oversold band in April and have since hooked sharply higher. That turn has been accompanied by a steady contraction in the crimson histogram bars; over the last two candles the histogram has in fact flipped back to light-grey on the positive side of the midline, signalling that bearish momentum is losing its grip and that a fresh bullish impulse may be brewing. DOGE is now hovering exactly at the upper rim of the demand box. A weekly close above the EMA 50 at $0.205 would signal renewed bullish dominance and open the way to $0.26—the May swing high—and the mid-$0.40s cluster that halted price during the December 2024 rally. Conversely, a decisive break under $0.14 would violate the two-year ascending trend-line and postpone the Elliott count. At press time, DOGE traded at $0.18. Featured image created with DALL.E, chart from TradingView.com
"Dogecoin Millionaire" Glauber Contessoto still hasn't sold his DOGE, but now he's amassed enough Pepe to take on another title.
Technical analysis of Dogecoin’s price action shows that Dogecoin bulls are currently working hard to register a break above the $0.2 resistance price level. However, beyond the immediate battle at the $0.20 resistance, a broader technical perspective presents a far more interesting possibility of Dogecoin reaching new all-time highs very soon. Specifically, the technical analysis of Dogecoin’s monthly candlestick timeframe chart indicates that its price is currently in the formation of a rally between June and July 2025. Related Reading: Bitcoin To Hit $180,000 In 2025? Analyst Highlights The Trigger Analyst Spots Recurring 3-Month Uptick, 5-Month Pullback Formation A technical analysis of Dogecoin’s monthly candlestick chart, first shared by crypto analyst Trader Tardigrade on the social media platform X, identifies a fascinating recurring pattern for the meme coin’s price. According to the analyst, Dogecoin has now completed two price cycles since late 2023, each consisting of a 3-month pump followed by a 5-month pullback. This rhythmic pattern first played out between December 2023 and August 2024. Dogecoin experienced a strong price surge from December to February, followed by a prolonged pullback that lasted from March to July. It followed a similar trajectory between August 2024 up until recently in May 2025, where three months of bullish momentum were followed by five months of bearish price action. The last monthly candlestick helped to confirm this setup, especially after May ended with a positive 11.7% close from its open price. As such, the next outlook is the continuation of this rally in June 2025. Each of the previous 3-month rallies has produced notable upside, with the most recent cycle in 2024 pushing Dogecoin’s price from below $0.08 to a multi-year high around $0.48 in just three months. If this cyclical behavior continues, Dogecoin could be gearing up for a comparable bullish leg in June and July, which would eventually cause it to break into new all-time highs. Chart Image From X: Trader Tardigrade Dogecoin To Repeat History With June/July Rally The notion that history could repeat itself is not new to crypto traders, but in Dogecoin’s case, the visual alignment of price action over time is hard to ignore. Keeping this possibility in mind, a repeat of the previous rally in Q4 2024 will be enough to send the Dogecoin price above resistance levels at $0.22, $0.3, and finally at $0.48. Related Reading: Elon Musk ‘Will Do Anything’ To Make XRP King, Tech Mogul Says Notably, crypto analyst Trader Tardigrade projected a run-up to $0.3 in June. A successful breach above this level could confirm the start of the next bullish cycle for Dogecoin, and Trader Tardigrade projected a peak price above $0.75 in July 2025. At the time of writing, Dogecoin is trading at $0.184, with a price increase of 0.5% in the past 24 hours. Featured image from Unsplash, chart from TradingView
Dogecoin took a hard hit this week as tensions flared between Elon Musk and US President Donald Trump. Prices slid sharply, and red numbers dominated the market. Traders who had been riding the hype found themselves on the losing end. It was a week many will remember for how politics and memes intersected in unexpected ways. Related Reading: $500M Bet On Solana: Education Platform Aims To Supercharge Its Treasury Musk And Trump Clash According to public posts, Elon Musk officially left the Department of Government Efficiency (DOGE) on Thursday. That move came after he criticized Trump’s spending bill. He had been co-leading that department since late 2024. Their back-and-forth heated up after Trump said he was “very disappointed” in Musk. ????TRUMP: “I’m very disappointed with Elon. I’ve helped him a lot. He knew the inner workings of the bill better than anybody sitting here. He had no problem with it. All of a sudden he had a problem & he only developed the problem when he found out we’re going to cut EV mandate” pic.twitter.com/aeCcmCAODQ — DogeDesigner (@cb_doge) June 5, 2025 In response, Musk claimed Trump would not have won the election without his support. Then Trump called Musk “CRAZY” and threatened to cancel Tesla and SpaceX contracts. Musk fired back on X with, “Go ahead, make my day.” He even warned he might decommission SpaceX’s Dragon spacecraft. Musk Mentions Epstein Documents Based on posts on X, Musk also said that files about Jeffrey Epstein’s case have stayed secret because Trump’s name appears in them. That claim added another layer to the feud. It wasn’t just about spending anymore. Now there was an allegation tying the US President to sealed Epstein investigations. Trump replied that he would pull any contracts with Musk’s companies. Time to drop the really big bomb:@realDonaldTrump is in the Epstein files. That is the real reason they have not been made public. Have a nice day, DJT! — Elon Musk (@elonmusk) June 5, 2025 Dogecoin Price Plunge Based on reports, Dogecoin fell about 11% on Thursday alone. Over the past week, it was down 16% from its recent highs. Traders pointed to Musk’s political exit as a key factor. Many still see Dogecoin as “the people’s crypto” because of Musk’s early support. But without his backing in that government role, sentiment soured quickly. It’s a coin that has no real asset behind it, so any shift in hype can send prices tumbling. A drop of this size is rare, yet it felt inevitable once the Musk-Trump feud spilled into public view. Tesla Shares Slide Elon Musk’s companies did not escape the fallout. Tesla stock closed down 13% on Thursday. That tumble came after Trump signaled he would pull federal contracts from any company owned by Musk. Investors feared lost revenue and stiffer regulatory oversight. Tesla shares had been riding high this year, but angry tweets from Trump were enough to shake confidence. Even a short phrase on X can move markets—especially when it involves a figure as polarizing as Trump or Musk. Related Reading: Bitcoin Reserve Gets Military Nod, Senator Predicts Explosive 10-Year Surge Crypto Market Liquidations Meanwhile, the broader crypto market also felt a jolt. According to Coinglass data, total liquidations reached $982 million in a single day. Of that, long liquidations—bets on rising prices—totaled $881 million. Short positions, or bets expecting prices to fall, saw losses of $100 million. That level of liquidation is striking, and it showed how quickly nerves can fray when big personalities clash. Bitcoin and many altcoins slid alongside Dogecoin, creating a chain reaction of forced sell-offs. Featured image from Allison Robbert and Saul Loeb/AFP, chart from TradingView
Dogecoin’s daily time-frame has reached a critical point that leaves virtually no margin for error. Price settled last night at $0.17551, clinging to a slender cushion just above the confluence of two of the chart’s most important guide rails: the former down-trend resistance that runs from late February and the 78.6 percent Fibonacci retracement of 2024’s late advance to $0.48440. Dogecoin Enters Danger Zone The structural landscape is defined by a six-month descending channel that has corralled every impulse since Dogecoin topped at $0.48440 on 8 December. The median of that channel—slicing through the field at roughly $0.1800—functioned as durable support until Thursday, when an 11% slide in sympathy with Bitcoin split it cleanly. A failure-retest of a channel mid-line is seldom trivial; until DOGE can reclaim $0.1800 on a closing basis, the chart message remains one of trend continuity. Beneath the market, the black trendline that first rejected rallies on 26 March, 26 April and 2 May reclaimed centre-stage after price vaulted it on 8 May, ran to the channel ceiling at $0.2540, and was twice rebuffed—the first rejection on 11 May, the second on 23 May. The trendline is now retested as support where it intersects the 0.786 Fib at $0.16700, producing a high-stakes cross-point. Related Reading: Dogecoin Needs $0.40 Breakout To Salvage Bull Case, Says Analyst If that level fractures, the only historical scaffolding is the multi-year ascending trendline (drawn from May 2021’s all-time high) that merges with a proven demand band spanning $0.14500 to $0.13500. That rectangle arrested the early-April shake-out and would represent the bulls’ final trench; surrendering it would invalidate the long-term series of higher lows and almost certainly inaugurate a broader bear phase with potential gravitational pull back to the January pivot at $0.12990. Oscillators and overlays do little to contradict the bearish drift. The fourteen-day Relative Strength Index sits at 34.70, hovering just above oversold territory but still tracking below its own moving average at 45.22, underscoring persistent negative momentum. Price Targets Overhead, resistance layers are stacked like dominoes. Immediate priority for the bulls is a daily close back above the channel midline at $0.1800; failing that, any attempt at recovery is suspect. Related Reading: Dogecoin’s Fate Hinges On This Price Level, Analysts Agree The next ceiling is the compressing exponential moving average cluster: the 20-day EMA at $0.20120, the 50-day at $0.20091, the 100-day at $0.20677 and the 200-day at $0.21550. With all four averages declining and bunched inside a three-cent band, they act as a single reinforced lid near the psychological $0.20 handle. Clearing that barricade would deliver price to the channel’s upper rail, now descending through $0.22. A weekly close outside that boundary would finally neutralise the half-year downtrend and force shorts to cover into the next Fibonacci checkpoints derived from the November high: the 61.8 percent retracement at $0.23484, the 50 percent at $0.28249, the 38.2 percent at $0.33014 and the 23.6 percent at $0.38910. Until then, however, the blunt arithmetic favours the bears. A floor at $0.16700 backed by a multi-touch trendline is slim protection when sentiment is fragile and macro flows are unhelpful. If that shelf cracks, the market’s inertia points toward $0.14500–$0.13500, Dogecoin’s last defensible plateau. Should that red demand zone capitulate, the technical map turns blank down to the January base at $0.12990 and, beyond that into deep bearish territory, especially the August 2024 low at $0.08. Featured image created with DALL.E, chart from TradingView.com
Donald Trump and Elon Musk have had a very public falling out and meme coins tied to the figures have slumped as a result.
Meme coin faces significant technical resistance at 19 cents level amid institutional distribution.
Investors weigh tensions between Elon Musk and President Trump alongside broader recession fears as markets digest the latest macro signals.
Exchanges like Bybit and Binance saw the biggest hits, with Bybit alone accounting for nearly $354 million in liquidations.