Analysis: DOGE Stabilizes at the Key Support Level of $0.16
2025/07/05 06:06According to ChainCatcher, citing a report from CoinDesk, Dogecoin (DOGE) found support near $0.163 after experiencing a 5% intraday decline. The price rebounded after hitting an intraday low of $0.161, with trading volume during key periods reaching 452 million coins, twice the 24-hour average.
Analysts noted that the $0.162–$0.164 range has established a short-term support base. If DOGE remains above this level, it may see stronger momentum once market sentiment improves.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
New Zealand Dollar strengthens despite decreasing RBNZ rate hike odds
Report: Anthropic Plans to Raise Issuance Price, Seeks $1.5 Trillion Valuation, and Aims to Raise Over $100 Billion
Anthropic's IPO roadshow received strong investor demand within less than a day, prompting underwriters to consider raising the offering price to above $78 per share. The company’s valuation is expected to surpass 1.5 trillions USD, with total fundraising likely to exceed 100 billions USD. According to three Anthropic shareholders, the company's main goal is to raise as much capital as possible to support its extensive computing power expenditure plans.
BlackRock’s crypto portfolio falls by nearly $5 billion so far in November 2026
Crypto prices
More
