Dogecoin Price Drops 2% Today: Will DOGE Hold at $0.15 or Plummet Lower?

Jakarta, Pintu News – The Dogecoin price has recently struggled to stay above the $0.15 level, having recorded a 12% decline in the past week. The crypto asset has also failed to hold an important support level of $0.20, further reinforcing the downward trend.

This drop reflects the broader negative trend in the crypto market, which fell by 1.95% in the past 24 hours and 12% over the past week. The falling prices of major cryptocurrencies such as Bitcoin , Ethereum , Solana , Cardano , and XRP also signal weakening overall market conditions.

Dogecoin Price Drops 2.36% in 24 Hours

On November 21, 2025, Dogecoin experienced a 2.36% correction over a 24-hour period, with its price settling at $0.1521, or approximately IDR 2,529. Throughout the day, DOGE traded within a range of IDR 2,664 to IDR 2,451.

At the time of writing, Dogecoin’s market capitalization is estimated at around IDR 387.37 trillion, with a 24-hour trading volume reaching approximately IDR 39.61 trillion.

Read also: Dogecoin (DOGE) to Surge Above $0.20? Check out the Latest Analysis!

Dogecoin price approaches important technical zones, potentially experiencing a surge

The Dogecoin price is currently approaching a crucial technical level as it is on the verge of forming a bearish pattern. Dogecoin’s price movement pattern suggests a possible exit from this structure, which has previously been accompanied by significant price spikes.

This meme coin is also still holding in an important support zone, which is one of the supporting factors for a potential price recovery.

Based on the analysis, if Dogecoin manages to break out of the wedge pattern (narrowing downward pattern), the coin has a chance to experience a surge like the previous rally, which could even increase by more than 430%.

With market conditions starting to move in a favorable direction, investors are now closely monitoring whether DOGE is capable of repeating the big surge or creating a significant new rally.

21Shares Launches Dogecoin ETF with Leverage

21Shares has just launched a leveraged ETF that tracks the movement of Dogecoin. The ETF is designed to provide twice the performance of Dogecoin’s daily movements, but the investment result is reduced by the associated fees and expenses.

Read also: Bitcoin Price Drops to $88,000 — Is a Major Rebound Coming, According to On-Chain Data?

The launch coincides with FalconX’s acquisition of 21Shares, which aims to combine expertise in institutional trading and ETFs. Through this acquisition, FalconX is looking to expand its operations in the United States, Europe, and Asia-Pacific regions by leveraging 21Shares’ capabilities in crypto ETF products.

Russell Barlow will remain as CEO of 21Shares, which will continue to operate independently under FalconX. This is the second acquisition for FalconX after previously acquiring Arbelos Markets and Monarq Asset Management.

What’s Next for DOGE Price?

Dogecoin’s current price has decreased by about 1%, and is at $0.1506. If the Dogecoin price drops below the $0.15 level, it will most likely test the next major support around $0.14.

Conversely, if DOGE manages to maintain or reclaim the $0.15 support level, then the next area of resistance is expected to be in the range of $0.17 to $0.18, based on the full Dogecoin price prediction report.

The Moving Average Convergence Divergence (MACD) indicator shows bearish pressure. The MACD histogram indicates a downward trend as the blue line is below the orange line.

Meanwhile, the Average Directional Index (ADX) indicator, which stood at 36.57, shows that the market trend is quite strong. The figure also hints at a clear direction of market movement, which in this case tends to reinforce the potential bearish pressure.

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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.

Reference:

• Coingape. Dogecoin Price Forecast: Will DOGE Hold Above $0.15 or Fall Lower? Accessed on November 21, 2025