{"id":833167,"date":"2025-03-11T08:11:54","date_gmt":"2025-03-11T13:11:54","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/03\/11\/dogecoin-doge-lost-control-poised-for-20-price-drop\/"},"modified":"2025-03-11T08:11:54","modified_gmt":"2025-03-11T13:11:54","slug":"dogecoin-doge-lost-control-poised-for-20-price-drop","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/03\/11\/dogecoin-doge-lost-control-poised-for-20-price-drop\/","title":{"rendered":"Dogecoin (DOGE) Lost Control, Poised For 20% Price Drop"},"content":{"rendered":"
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\"Dogecoin<\/figure>\n<\/div>\n
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After Bitcoin (BTC) and Ethereum (ETH) registered a price decline of over 4%, Dogecoin (DOGE) has lost its crucial support and is now poised for a massive drop. On March 10, 2025, the overall cryptocurrency market experienced a notable decline following the opening bell of the U.S. market.<\/p>\n

DOGE Current Price Momentum\u00a0<\/strong><\/h2>\n

Amid this price decline, DOGE has dropped over 6.5%, falling below the key level of $0.17 and currently trading under $0.16. This marks the first time in the past three months that DOGE has fallen below this crucial level.<\/p>\n

Dogecoin (DOGE) Price Action and Upcoming Levels<\/strong><\/h2>\n

According to expert technical analysis, DOGE appears bearish as it has failed to hold the $0.17 level. Based on recent price action and historical patterns, this breakdown suggests a strong possibility that the asset could drop another 20%, reaching the $0.125 level in the coming days.<\/p>\n

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Source: Trading View<\/figcaption><\/figure>\n

At present, DOGE\u2019s Relative Strength Index (RSI) is below 26, indicating that it is in an oversold zone and lacks the strength for a price recovery. Meanwhile, its 200 Exponential Moving Average (EMA) is trading far above, signaling a continued downtrend.<\/p>\n

$31 Million Worth of DOGE Outflow\u00a0<\/strong><\/h2>\n

Despite the bearish market sentiment and price action, the meme coin has seen a notable outflow from exchanges, according to on-chain analytics firm Coinglass<\/a>. Data from spot inflows and outflows reveal that, in the past 24 hours, exchanges have recorded an outflow of $31 million worth of DOGE, indicating potential accumulation.<\/p>\n

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Source: Coinglass<\/figcaption><\/figure>\n

Such an outflow in a bearish market suggests potential accumulation, which could create a buying opportunity and trigger a further upside rally.<\/p>\n<\/div>\n

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\n Chandan Gupta<\/p>\n","protected":false},"excerpt":{"rendered":"

After Bitcoin (BTC) and Ethereum (ETH) registered a price decline of over 4%, Dogecoin (DOGE) has lost its crucial support and is now poised for a massive drop. On March 10, 2025, the overall cryptocurrency market experienced a notable decline following the opening bell of the U.S. market. DOGE Current Price Momentum\u00a0 Amid this price<\/p>\n","protected":false},"author":1,"featured_media":833168,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4250,45671],"tags":[],"class_list":["post-833167","post","type-post","status-publish","format-standard","has-post-thumbnail","category-control","category-dogecoin"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/833167","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=833167"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/833167\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/833168"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=833167"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=833167"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=833167"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}