Dogecoin Near Make-or-Break Zone as Fresh Bitcoin Slide Pulls Down Majors by 5%
By Shaurya Malwa
Updated Nov 12, 2025, 5:30 a.m. Published Nov 12, 2025, 5:30 a.m.
What to know :
Dogecoin fell 5.5% to $0.1730, breaking below critical support levels amid heavy selling.
The memecoin’s price action indicates a bearish trend with uncertainty around the $0.1730 level.
Traders are watching if the $0.17 support can hold, with potential exposure to the $0.1650–$0.1600 zone.
The memecoin broke below the critical $0.1720 level on heavy volume as sellers dominated the U.S. session, testing the resilience of long-term technical support.
News Background
Dogecoin extended its decline Tuesday, tumbling 5.5% from $0.1831 to $0.1730 as bearish momentum accelerated across European trading hours.
The sharp move unfolded within a $0.0121 range as price action confirmed a textbook lower-high, lower-low formation.
Heavy selling emerged at the $0.1789 resistance zone, triggering a cascade through successive support levels until buyers stabilized the move near $0.1719.
Price Action Summary
DOGE’s session structure reflects deteriorating momentum with declining support strength.
The failure to reclaim $0.1789 resistance validates a near-term bearish trend, while compression around $0.1730 highlights uncertainty among short-term traders.
The $0.1719 zone absorbed multiple retests, forming a fragile base that may define the next pivot for directional traders.
Volume tapering from peak levels hints at temporary seller exhaustion, but without follow-through buying, the market remains vulnerable to another downside test.
Technical Analysis
With no major fundamental triggers, price action remains purely technical.
DOGE’s breakdown below its short-term moving averages reinforces the broader bearish bias that has persisted since early November. The hourly RSI sits near 38, indicating mildly oversold conditions but not yet capitulation.
Market analyst Kevin (@Kev_Capital_TA) highlights the weekly 200-EMA near $0.16 as Dogecoin’s structural “line in the sand.”
That level has held through six previous retests since summer, marking the boundary between cyclical pullback and long-term trend reversal.
What Traders Should Know
The immediate focus is whether the $0.17 handle can hold under continued pressure. Institutional order-flow metrics suggest systematic de-risking rather than panic liquidation — leaving room for a technical rebound if volume subsides further.
Failure of the $0.1720–$0.1719 support cluster could expose the $0.1650–$0.1600 zone, where the weekly moving average sits as last-ditch structural support.
More For You
Inside Zcash: Encrypted Money at Planetary Scale
By CoinDesk Research
Nov 3, 2025
Commissioned byGen Zcash
A deep dive into Zcash’s zero-knowledge architecture, shielded transaction growth, and its path to becoming encrypted Bitcoin at scale.
What to know :
In 2025, Zcash evolved from niche privacy tech into a functioning encrypted-money network:
Shielded adoption surged, with 20–25% of circulating ZEC now held in encrypted addresses and 30% of transactions involving the shielded pool.
The Zashi wallet made shielded transfers the default, pushing privacy from optional to standard practice.
Project Tachyon, led by Sean Bowe, aims to boost throughput to thousands of private transactions per second.
Zcash surpassed Monero in market share, becoming the largest privacy-focused cryptocurrency by capitalization.
Break Zone After Fresh Bitcoin Slide
