Dogecoin Sees Small Gain Today — Updated DOGE Analysis

Jakarta, Pintu News – Dogecoin (DOGE) is under pressure again, and this time the chart is showing serious warning signs. After holding at the all-important support trend line for more than two years, DOGE has finally fallen below it, raising concerns that the bull cycle of this meme coin may be over.

With the price now testing key horizontal support and momentum becoming increasingly bearish, traders are left wondering: why is Dogecoin falling, and is a deeper drop still on the horizon?

So, how is the Dogecoin price moving today?

Dogecoin price rises 0.76% in 24 hours

On December 19, 2025, Dogecoin saw a modest increase of 0.76% over the past 24 hours, trading at $0.1258, which is approximately IDR 2,108. During this time, the price of DOGE fluctuated between IDR 2,179 and IDR 2,007.

At the time of writing, Dogecoin’s market capitalization is around IDR 320.16 trillion, with a 24-hour trading volume of approximately IDR 33.39 trillion.

Read also: Ethereum Price Rises to $2,900 Today: Signs of ETH Rebound Starting to Emerge?

Dogecoin Price Analysis

On the weekly time frame, the price action shows that Dogecoin has fallen below the diagonal support that held for 763 days in November. This support trend line has existed throughout the bull cycle, so the fact that it has been broken is a strong signal that the bull cycle has ended.

Initially, Dogecoin formed a long lower wick (green icon) on October 10, which prevented a breakdown of the diagonal support. However, the price movement since then has been bearish, confirming that the bears have taken control of the market.

To make matters worse, the Dogecoin price today is falling from the horizontal support area at $0.130. Traders are now monitoring this level closely, as a breakdown below it could cause the Dogecoin price to plummet.

Why is Dogecoin Going Down?

The momentum indicator shows no hope that the upward movement will continue.

• The Relative Strength Index (RSI) is below 50.
• The Moving Average Convergence/Divergence (MACD) shows negative values.

These two indicators do not show any bearish divergence, making a rebound unlikely. As such, Dogecoin price predictions are likely to be bearish.

Once the price breaks below $0.130, Dogecoin could plunge up to 25% towards the next horizontal support at $0.095.

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Why is the Dogecoin price falling?

Finally, technical analysis on the daily time frame also shows bearish signals. The Dogecoin price has been moving in a descending parallel channel, constantly printing new lows.

Today, the Dogecoin price dropped below the centerline of the channel, which increases the likelihood of new lows. The MACD movement perfectly illustrates this price action.

The MACD indicator broke the bullish divergence trend line (orange) and made a bearish cross (black circle). Therefore, the chart shows that the downward movement is likely to continue towards the channel support line at $0.105.

After that, the price reaction upon reaching that level will determine whether the gradual decline will continue or whether the Dogecoin price will plunge sharply to new lows.

Further Declines Likely to Occur

Dogecoin is at a crossroads, but technical analysis is currently leaning more towards the bearish side.

The break of a support trend line that has held for several years, the weakening of momentum indicators, and the loss of key horizontal support all point to further downside risks.

Unless DOGE can quickly reclaim the lost levels, the path of least resistance is likely to move lower, with $0.105 and $0.095 being critical zones to watch.

For now, Dogecoin’s chart shows that the downtrend may not be over yet.

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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:

• CCN. Dogecoin Breaks Long-Term Support – DOGE Price Could Witness Another 25% Drop. Accessed on December 19, 2025