Rich by Coin

Dogecoin’s price fell from $0.160 to $0.149, breaking the critical support level at $0.155. Whale accumulation and positive exchange net inflows suggest potential for a market bottom despite ongoing price declines. Traders should watch for a DOGE ETF decision and price movements around $0.155 and $0.150 as key indicators. Dogecoin plunged 7.42% during the 24-hour session, collapsing from $0.160 to $0.149 in a breakdown that shattered the critical $0.155 support that anchored the previous consolidation range. Volume jumped 18.39% above weekly averages, confirming institutional participation rather than retail panic. The selloff marked a clean violation of the 0.5 Fibonacci retracement from the prior bull cycle and drove price directly into the lower boundary of DOGE’s year-long descending triangle. Oversold conditions emerged as RSI built bullish divergence against fresh price lows, while short-lived MACD death crosses hinted at exhaustion in downward momentum. Dogecoin now sits at a high-stakes intersection of breakdown confirmation versus reversal potential. The collapse below $0.155 completes the descending-triangle resolution, traditionally projecting continuation down toward the $0.145-$0.140 zone. Whale accumulation has intensified materially, with high-value wallets absorbing over 4.7B DOGE as price dropped — a sign of strong hands stepping in against weak retail flows. Simultaneously, exchange net inflows have flipped positive for the first time in months, a structural shift that previously preceded tradable bottoms. Momentum indicators support this divergence: RSI continues to push higher even as price prints lower lows, and MACD’s bearish signals are rapidly fading. This creates a mixed but increasingly interesting setup where the technical breakdown clashes with early reversal signals rooted in on-chain behavior. DOGE’s price will likely remain compressed between $0.149 support and $0.158 resistance until ETF catalysts or macro sentiment provide a decisive push. Monday’s Section 8(a) DOGE ETF deadline — a surprise approval could trigger immediate repricing. Reclaim of $0.155 — essential for negating the breakdown and reopening path to $0.162-$0.165. Failure at $0.150 — exposes fast continuation toward $0.115-$0.085 demand zones. Exchange flow direction — continued positive net inflows would strengthen reversal thesis. Macro sentiment — extreme fear across BTC and altcoins may produce sharp relief moves, but also increases breakdown risk.