Dogecoin Price Crashes to $0.16 Today: DOGE Potential to Fall Further?

Updated

November 5, 2025

Gambar Dogecoin Price Crashes to $0.16 Today: DOGE Potential to Fall Further?

Jakarta, Pintu News – The price of Dogecoin fell sharply on Nov. 4, hitting its lowest point since Oct. 11, as the crypto market continued to fall. DOGE briefly touched $0.1600, recording a decline of around 47% from its peak in September this year.

This decline could potentially continue due to the formation of a death cross pattern – a bearish technical signal indicating a further downward trend. In addition, the slowdown in inflows into the Dogecoin ETF is also putting pressure on the price.

Then, how is the current Dogecoin price movement?

Dogecoin Price Drops 3.77% in 24 Hours

On November 5, 2025, Dogecoin saw a 3.77% decline over a 24-hour period, falling to $0.1633, or approximately IDR 2,730. Throughout the day, DOGE traded within a range of IDR 2,861 to IDR 2,557.

At the time of writing, Dogecoin’s market capitalization is estimated at around IDR 405.34 trillion, with a 24-hour trading volume of approximately IDR 82.43 trillion.

Death Cross Pattern Hints at a Potential Deeper Fall for Dogecoin Price

Dogecoin’s price has been mired in the crypto market crash that is currently engulfing Bitcoin and most other altcoins.

Technically, there are indications that the price of DOGE could continue to decline in the coming weeks, especially if it fails to hold the key support level at $0.1500.

Currently, the Dogecoin price has broken below the ascending trendline that connects the lows of June, August, and September this year.

In addition, DOGE formed a death cross pattern on October 27, when the 50-day exponential moving average (EMA) dropped below the 200-day EMA. This pattern has historically often been followed by a sharper price drop, signaling the dominance of bearish sentiment.

Dogecoin’s price has also fallen below the key Support/Resistance pivot point of the Murrey Math Lines indicator at $0.200 – reinforcing the bearish view.

The strength of this downtrend has been reinforced by the rise in the Average Directional Index (ADX) indicator to 30 – the highest reading since late July. The ADX is a common indicator used to measure the strength of a market trend.

Given these conditions, the most likely DOGE price projection is a continued decline in the next few days. If the price drops below the important support at $0.1500, it will invalidate the potential double-bottom pattern and pave the way towards the next support at $0.10 – which is a key support zone.

Conversely, if DOGE is able to climb back above the major S/R pivot point at $0.200, then the bearish scenario could be invalidated.

Funds flow to Dogecoin ETF slows, price pressure intensifies

One of the main reasons why Dogecoin’s price is likely to continue falling is due to the weak crypto market sentiment throughout this month. This has also been the main cause of the fall in the price of Bitcoin and most other altcoins.

In addition, the newly launched Dogecoin ETF seems to be having a hard time attracting investor interest. Data from the ETF’s official website shows that assets under management stand at just $30 million – much smaller than the XRPR ETF that launched on the same day and has raised more than $120 million.

According to data from ETF.com, there have been noinflows into the DOGE ETF since October 15, when it recorded $5.2 million in additional assets. This is a signal that Act 40-based DOGE ETFs may struggle to attract investor interest when they are more widely approved, which is expected to happen before the end of this year.

Demand for Dogecoin is also showing signs of weakening.Open interest in the futures market has plummeted, amid a wave of increased liquidation. Currently, DOGE’s open interest is only around $1.5 billion – well below the year-to-date record high of over $6 billion.

The combination of weak fund flows into ETFs and declining investor interest in the derivatives market is a strong indicator that selling pressure on DOGE will continue in the near future.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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