Dogecoin declines more than 5 percent, as it tests key weekly EMA support at around 0.16 with heavy volume and bearish pressure in November 2025. Dogecoin suffered a sharp 5.5% decline on Tuesday, declining between $0.1831 and $0.1730 in European trading.  The fall closed under the crucial support of 0.1720 on rising volume, with a […] The post Dogecoin Price Prediction: Dogecoin Battles Key EMA Support Amid 5% Price Drop appeared first on Live Bitcoin News. Dogecoin declines more than 5 percent, as it tests key weekly EMA support at around 0.16 with heavy volume and bearish pressure in November 2025. Dogecoin suffered a sharp 5.5% decline on Tuesday, declining between $0.1831 and $0.1730 in European trading.  The fall closed under the crucial support of 0.1720 on rising volume, with a […] The post Dogecoin Price Prediction: Dogecoin Battles Key EMA Support Amid 5% Price Drop appeared first on Live Bitcoin News.

Dogecoin Price Prediction: Dogecoin Battles Key EMA Support Amid 5% Price Drop

2025/11/14 01:45

 Dogecoin declines more than 5 percent, as it tests key weekly EMA support at around 0.16 with heavy volume and bearish pressure in November 2025.

Dogecoin suffered a sharp 5.5% decline on Tuesday, declining between $0.1831 and $0.1730 in European trading.  The fall closed under the crucial support of 0.1720 on rising volume, with a volume of 500.6 million tokens, -77 percent above the daily average. 

This selling spurt put the cryptocurrency under strain in the London session, indicating fading strength and the ability of Dogecoin to withstand its long-term technical support.​

The price movement validated a typical lower-high, lower-low trend in a constricted range of $0.0121. 

Although buyers tried to stabilize at the level of about 0.1719, short-term reversals were immediately countered by quick selling, implying that the buying was not an accumulation but a distribution. 

The high level of token activity during the recovery period also indicates the possibility of seller dominance.​

Bears Challenge Crucial Weekly EMA Milestone

The market is currently concentrating on a weekly 200-exponential moving average (EMA) of about 0.16, which is one of the structural supports of Dogecoin. 

This line in the sand has withstood six tests since this time last summer, and which would have defined the limits between a cyclical pullback and a more lasting reversal on the trend. 

A clear close below 0.17 would enhance the bearishness, and a defence above 0.1720 might enable the consolidation or a rebound to reach 0.1760.​

Technical indicators indicate bearish power where the hourly Relative Strength Index (RSI) stands at around 38, which implies mild oversold states but no capitulation at this point. 

The lack of underlying drivers highlights only technical processes that help to sustain the downwards trend that has been observed since the beginning of November.​

Next Moves: Support Holds or Further Decline?

The traders observe the $0.1719 support cluster, which is fragile. Temporary reduction in volumes of sales gives the market a hint of exhaustion and no follow-through buying force. 

The inability to maintain this level exposes the lower support of the 0.1650 to 0.16005 range, where the weekly EMA offers final structural support. 

The institutional order flow indicates that it is not a matter of panic selling but systematic de-risking and creating time to allow technical recovery in case the pressure drops.​

The direction in which the market will move immediately will be determined by whether or not $0.17 can withstand the current bearish market. 

Devoid of regular purchases, Dogecoin will be in danger of another fall, further heating the competition at a critical crossroads point.

The post Dogecoin Price Prediction: Dogecoin Battles Key EMA Support Amid 5% Price Drop appeared first on Live Bitcoin News.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Microsoft Corp. $MSFT blue box area offers a buying opportunity

Microsoft Corp. $MSFT blue box area offers a buying opportunity

The post Microsoft Corp. $MSFT blue box area offers a buying opportunity appeared on BitcoinEthereumNews.com. In today’s article, we’ll examine the recent performance of Microsoft Corp. ($MSFT) through the lens of Elliott Wave Theory. We’ll review how the rally from the April 07, 2025 low unfolded as a 5-wave impulse followed by a 3-swing correction (ABC) and discuss our forecast for the next move. Let’s dive into the structure and expectations for this stock. Five wave impulse structure + ABC + WXY correction $MSFT 8H Elliott Wave chart 9.04.2025 In the 8-hour Elliott Wave count from Sep 04, 2025, we saw that $MSFT completed a 5-wave impulsive cycle at red III. As expected, this initial wave prompted a pullback. We anticipated this pullback to unfold in 3 swings and find buyers in the equal legs area between $497.02 and $471.06 This setup aligns with a typical Elliott Wave correction pattern (ABC), in which the market pauses briefly before resuming its primary trend. $MSFT 8H Elliott Wave chart 7.14.2025 The update, 10 days later, shows the stock finding support from the equal legs area as predicted allowing traders to get risk free. The stock is expected to bounce towards 525 – 532 before deciding if the bounce is a connector or the next leg higher. A break into new ATHs will confirm the latter and can see it trade higher towards 570 – 593 area. Until then, traders should get risk free and protect their capital in case of a WXY double correction. Conclusion In conclusion, our Elliott Wave analysis of Microsoft Corp. ($MSFT) suggested that it remains supported against April 07, 2025 lows and bounce from the blue box area. In the meantime, keep an eye out for any corrective pullbacks that may offer entry opportunities. By applying Elliott Wave Theory, traders can better anticipate the structure of upcoming moves and enhance risk management in volatile markets. Source: https://www.fxstreet.com/news/microsoft-corp-msft-blue-box-area-offers-a-buying-opportunity-202509171323
Share
BitcoinEthereumNews2025/09/18 03:50