Dogecoin is trading close to its support level amidst criticism and support.

Dogecoin Continues Its Movements in the Market

The Federal Reserve has decreased interest rates by 25 basis points, yet mixed reactions are observed in the cryptocurrency market. Dogecoin is trading quietly within its defined 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 the high trading volume, Dogecoin faces resistance at approximately $0.1425. This situation indicates that Dogecoin's future movements will depend on the broader market sentiment.