Dogecoin lost the support at $0.129.

The Decline of Dogecoin Continues

Dogecoin has fallen below the critical support level of $0.129, raising concerns among investors. Recently, with the increasing trading volume, the DOGE token experienced a downward breakout within this current range.

In the past 24 hours, Dogecoin declined by 0.3%, dropping from $0.1309 to $0.1305. The intra-day volatility reached 4%. Despite investor attempts to recover, seller interest increased price pressure, pushing Dogecoin into a technically weak position.