Downtrend Deepens As DOGE Struggles To Hold Support

  • Dogecoin trades near $0.155, holding the $0.15 floor as sellers maintain control across daily and intraday charts.
  • Coinglass data shows $2.31M in inflows, breaking a week-long outflow streak, but broader liquidity trends remain weak.
  • DOGE faces resistance at $0.171, with a daily close below $0.150 exposing deeper downside targets near $0.145 and $0.130.

Dogecoin price today trades near $0.155 after defending the $0.150 support zone, a level that has acted as the final demand shelf throughout November. The market sits inside a clear downtrend, with sellers maintaining pressure as spot flows remain mixed and the EMA cluster continues to cap every recovery attempt.

Sellers Retain Control As DOGE Stays Below All Major EMAs

DOGE Price Action (Source: TradingView)

DOGE remains pinned beneath the 20, 50, 100, and 200-day EMAs, all clustered between $0.17 and $0.21. Each test of these averages has resulted in rejection, confirming strong supply overhead.

The daily chart shows a clean rejection from the descending trendline stretching from the early October peak. This trendline aligns with the underside of the Supertrend, which remains firmly red near $0.189, reinforcing the bearish ceiling.

Price continues to drift lower inside a controlled downtrend channel. The market is failing to form higher lows, and every bounce since late October has been halted by either the EMAs or the Supertrend band.

As long as DOGE trades beneath $0.170, short-term momentum stays with sellers.

Spot Flows Show Mixed Signals As Selling Pressure Lingers

DOGE Netflows (Source: Coinglass)

Coinglass data shows DOGE recorded $2.31 million in net inflows on November 18. While this breaks the pattern of persistent outflows seen across the past week, the broader trend still leans toward distribution rather than accumulation.

Most sessions this month have shown heavy red bars on the netflow chart, reflecting liquidity leaving the ecosystem. These signals align with the broader market rotation away from high-beta altcoins after last week’s volatility spike.

Even with today’s small inflow, the inflow recovery is not yet strong enough to suggest sustainable accumulation. 

Intraday Stabilization Appears, But Trend Control Stays With Sellers

DOGE Short-Term Price Dynamics (Source: TradingView)

Short-term charts show the first signs of stabilization. On the 30-minute timeframe, DOGE is attempting to hold above the VWAP, currently hovering near $0.15380.

The RSI has recovered toward 52, signaling a short-term momentum shift after touching oversold conditions earlier. However, the bounce remains shallow and has not yet reclaimed any key intraday structure.

VWAP compression shows price sitting inside a narrow band with resistance forming at $0.158 to $0.160. This zone marks the lower boundary of last week’s consolidation range. A rejection here could trigger another rotation back toward $0.150.

Buyers need a clean close above the Supertrend flip zone at $0.171 on the lower timeframes to shift momentum in their favor. Anything beneath that level keeps the recovery corrective.

Outlook. Will Dogecoin Go Up?

Dogecoin enters November 19 at a critical inflection point.

  • Bullish case: A rebound from $0.150 with a close above $0.171 shifts the intraday structure and opens a path toward $0.189. Breaking the trendline and reclaiming the 20 EMA would confirm the start of a broader recovery.
  • Bearish case: A daily close below $0.150 exposes $0.145, followed by a deeper drawdown toward $0.130, where the next liquidity pocket sits. Staying beneath the EMA cluster keeps rallies limited and reactive.

If DOGE reclaims $0.171, momentum improves. Losing $0.150 turns the move into a full continuation of the broader downtrend.

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Source: https://coinedition.com/dogecoin-price-prediction-downtrend-deepens-as-doge-struggles-to-hold-support/