Dogecoin Slips 10.5% as Altcoin Sentiment Weakens

Dogecoin trades near $0.123 as volume slumps and momentum indicators point to continued downside toward $0.116 amid weak altcoin sentiment.

Rich by Coin

2026-01-25

Dogecoin (DOGEUSD) has deepened its weekly loss in the crypto market, falling 10.5% WoW to $0.123 on Sunday, as adverse sentiment surrounding altcoins has considerably weighed on its value. Dogecoin fell 1.04% over the last 24h, a modest decline that extends a 10.49% weekly loss, reflecting broader market weakness.

Its trading volume has declined by 44% to $426 million on the day, while DOGE trades at $0.123, well below its 30-day average of $0.134. The Relative Strength Index-14 at 38.61 shows bearish momentum but is not yet oversold, while the MACD histogram is negative at -0.0018943, confirming downward pressure.

The price is trapped in a lower-highs, lower-lows structure, and with no bullish reversal signals, technical traders anticipate further downside toward the recent swing low near $0.116. Derivatives data show persistent bearish sentiment for altcoins, with funding rates remaining negative or neutral, while Dogecoin’s open interest sits at about $1.41 billion and spot volume has fallen 45.61% in 24h, signaling thinning liquidity and weak conviction.