Dogecoin Price Falls 5% Today — What Could Happen Next?

Jakarta, Pintu News – The price of Dogecoin (DOGE) has recently fallen sharply, mirroring Bitcoin’s (BTC) precipitous drop below $100,000 as well as the overall crypto market weakness. Market sentiment shifted from optimism to caution overnight, as increasedwhale activity triggered a massive wave of sell-offs.

A total of $700 million worth of DOGE was recorded flowing out of the wallets of large holders, amplifying downward pressure and raising concerns among retail traders.

When the price broke the crucial level at $0.16466, the bearish technical signal became undeniable, signaling a breakdown. Amidst these tense market conditions, investors began to question: will DOGE find a stabilizing point soon, or will it continue to fall deeper?

Dogecoin Price Drops 5.53% in 24 Hours

On November 18, 2025, Dogecoin’s price fell by 5.53% over the past 24 hours, trading at $0.1513, or approximately IDR2,543. During that period, DOGE fluctuated between IDR2,739 and IDR2,511.

At the time of writing, Dogecoin’s market capitalization is estimated at around IDR385.95 trillion, with a 24-hour trading volume of approximately IDR47.67 trillion.

Read also: How Much Dogecoin You’d Need to Become a Millionaire by 2035, According to ChatGPT, Grok, and Telegaon

Dogecoin (DOGE) Price Analysis

Looking at Dogecoin’s 4-hour chart (11/17), the price action shows a story of resilience being tested by market pressure. DOGE price slipped below the 78.6% Fibonacci retracement level at $0.16466 and briefly traded around $0.1619 – recording a daily decline of 0.69% and a weekly decline of 10.56%.

Technical signals remain bleak, with the RSI dropping to 45.99 and approaching theoversold area. Currently, the nearest support level is at the October low of $0.1525. If the selling pressure from the bears breaks this level, the next downside target is around $0.14.

Every time the price retests this support, the risk for the bulls increases, especially since many stop-losses are embedded below the Fibonacci zone, which could accelerate the decline. Meanwhile, the 200-day SMA which is now well above, at $0.20925, makes it clear how far the DOGE price has moved away from its intermediate trend.

For price watchers hoping for a recovery, the key point to watch is $0.171. A daily close above this level could trigger short-term bullish momentum and prompt a quick rise towards $0.18766.

However, as long as buyers haven’t returned significantly to reclaim lost territory, sentiment remains skewed towards the bearish side.

Read also: Ethereum Plunges to $2,900 Today — Is a Recovery on the Horizon for ETH?

If the next support at $0.1525 is broken, the decline could quickly continue to $0.14. Conversely, if there is a breakout above $0.171, the sentiment could change and open up opportunities for a quick rise in the higher price range.

When can this target be achieved?

The movements of DOGE are known to be quite fast and often surprising. Based on the current momentum, a possible drop to $0.1525 or a bounce to $0.171 could occur in the next 3 to 5 trading sessions.

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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. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coinpedia. Dogecoin Price Sinks to New Lows, Can Bulls Regain $0.171 Soon? Accessed on November 18, 2025