Dogecoin is hovering close to the support level of criticism and support.

Dogecoin Continues Its Movements in the Market

The Federal Reserve has lowered interest rates by 25 basis points, yet mixed reactions are being observed in the cryptocurrency market. Dogecoin is trading quietly within its established range. Currently, the price of Dogecoin remains stable between $0.13 and $0.15.

Additionally, large investors continue to accumulate significant amounts of this cryptocurrency in their wallets. Despite high trading volume, Dogecoin is facing resistance at around $0.1425. This situation indicates that Dogecoin's future movements will be dependent on broader market sentiment.