Dogecoin (DOGE) continued to slide on Monday after selling pressure increased in the cryptocurrency market. The cryptocurrency hit a new low since October 2025.Dogecoin (DOGE) continued to slide on Monday after selling pressure increased in the cryptocurrency market. The cryptocurrency hit a new low since October 2025.

Dogecoin (DOGE) Hits Multi-Month Low as Price Approaches $0.10 Support

2026/02/02 20:00
3 min read

Dogecoin (DOGE) continued to slide on Monday after selling pressure increased in the cryptocurrency market. The cryptocurrency hit a new low since October 2025. The price decline has caused DOGE to extend a four-week losing streak.

DOGE is currently trading at $0.1036, which is a 1.77% decline in the past 24 hours, according to CoinMarketCap data. The trading volume has decreased by 22.01% to $2.12 billion. The coin has seen a 15.09% decline over the last week, which has caused a strong bearish trend.

Source: CoinMarketCap

DOGE Holds Key Consolidation Zone

Crypto analyst BitGuru highlighted that Dogecoin is currently within a long consolidation zone. He stated that a general decline and a liquidity sweep formed this zone. He added that this base could be a positive factor for a short-term price increase.

According to analysts, Dogecoin could increase to the price range of $0.13-$0.15 if support is held. He warned that failure to maintain this price range could lead to further price drops.

Source: X

Cryptollica, an analyst, provided a different perspective on the performance of Dogecoin. He mentioned that Dogecoin was unable to show upward movement in recent attempts. His long-term price target is set at $1.40.

Source: X

Also Read: Dogecoin Eyes Explosive $0.22 Surge After TDOG ETF Launch on NASDAQ

Volume and Open Interest Decline

According to CoinGlass data, the volume declined by 25.91% to $3.71 billion. Open Interest decreased by 0.46% to $1.23 billion, with an OI-weighted funding rate of 0.0004%. 

Source: CoinGlass

Liquidation levels were higher in the recent trading session. In total, $5.84 million was liquidated in the last 24 hours. Long positions were $4.32 million, with $1.51 million in shorts.

Source: CoinGlass

EMAs and RSI Highlight Persistent Bearish Momentum

Cryptocurrency is trading below its short-term trend indicators. The Exponential Moving Average (EMA) 20 is at the price level of $0.12109, whereas the Exponential Moving Average 50 is seen at the price level of $0.13133.

The long-term indicators add additional resistance. The price of the EMA 100 is at $0.14726, and the price of the EMA 200 is at $0.16894. The additional resistance created by the long-term indicators continued to limit the price’s potential for a rebound.

The Relative Strength Index (RSI 14) is at 27.30, indicating that there is an oversold condition in the market. The signal line is at 36.14, indicating weak buying pressure in the market.

Source: TradingView

The structure of the coin remained fragile throughout the day on Monday. Analysts have closely monitored the support zone. A strong movement from this level will be needed to determine the next direction.

Also Read: SUI Slides Below $1.10 as Bearish Structure Signals Further Downside

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

XRP Ignites As Spot Volume Skyrockets

XRP Ignites As Spot Volume Skyrockets

XRP surprised this weekend with a sudden surge of +2,860% on its spot flows in barely eight hours. This historic peak, occurring in a quiet market, reignites speculation
Share
Coinstats2026/02/09 05:05
Vitalik Buterin Reveals Ethereum’s Long-Term Focus on Quantum Resistance

Vitalik Buterin Reveals Ethereum’s Long-Term Focus on Quantum Resistance

TLDR Ethereum focuses on quantum resistance to secure the blockchain’s future. Vitalik Buterin outlines Ethereum’s long-term development with security goals. Ethereum aims for improved transaction efficiency and layer-2 scalability. Ethereum maintains a strong market position with price stability above $4,000. Vitalik Buterin, the co-founder of Ethereum, has shared insights into the blockchain’s long-term development. During [...] The post Vitalik Buterin Reveals Ethereum’s Long-Term Focus on Quantum Resistance appeared first on CoinCentral.
Share
Coincentral2025/09/18 00:31
Dogecoin (DOGE) and Shiba Inu (SHIB) Likely to Underperform as Capital Flows to New Token Set to Explode 19365%

Dogecoin (DOGE) and Shiba Inu (SHIB) Likely to Underperform as Capital Flows to New Token Set to Explode 19365%

The cryptocurrency market is entering a decisive phase, where legacy meme coins like Dogecoin and Shiba Inu continue to command recognition but may face diminishing returns compared to newer entrants. Capital flow data and presale activity suggest that investors are increasingly looking beyond the familiar names, with Little Pepe emerging as one of the most [...] The post Dogecoin (DOGE) and Shiba Inu (SHIB) Likely to Underperform as Capital Flows to New Token Set to Explode 19365% appeared first on Blockonomi.
Share
Blockonomi2025/09/18 04:00