After Bitcoin (BTC) and Ethereum (ETH) registered more than 4%, Dogecoin (DOGE) has lost its important support and is now ready for a huge drop. On March 10, 2025, the entire Cryptocurrency market experienced notable decrease in the US market’s opening bell.
DOGE Current price momentum
Among this price drop, the Doge has fallen more than 6.5%, falling to $ 0.17, and is currently trading less than $ 0.16. This has fallen below this important level for Doge in the last three months.
Dogecoin (DOGE) price behavior and upcoming level
According to expertise analysis, Doge seems to be weak because it did not maintain $ 0.17. Based on the recent price behavior and historical patterns, this breakdown suggests the possibility that the assets will fall by 20%to reach $ 0.125 in the future.
Currently, Doge’s relative strength index (RSI) is less than 26, indicating that the price recovery is insufficient and lack of price recovery. On the other hand, the 200 index moving average (EMA) has a much higher deal and has a continuous decline.
Doge leak worth $ 31 million
According to CoingLass, a whole chain analysis company, MEME COIN has seen notable leakage on the exchange despite the weak market sentiment and price behavior. According to the data of spot inflow and leaks, the exchange records potential accumulation by recording $ 33 million worth of DOGE leaks for the last 24 hours.
This outflow in the weak market can suggest potential accumulation to create purchases and cause additional rally.