Dogecoin declines more than 5 percent, as it tests key weekly EMA support at around 0.16 with heavy volume and bearish pressure in November 2025.
Dogecoin suffered a sharp 5.5% decline on Tuesday, declining between $0.1831 and $0.1730 in European trading. The fall closed under the crucial support of 0.1720 on rising volume, with a volume of 500.6 million tokens, -77 percent above the daily average.
This selling spurt put the cryptocurrency under strain in the London session, indicating fading strength and the ability of Dogecoin to withstand its long-term technical support.
The price movement validated a typical lower-high, lower-low trend in a constricted range of $0.0121.
Although buyers tried to stabilize at the level of about 0.1719, short-term reversals were immediately countered by quick selling, implying that the buying was not an accumulation but a distribution.
The high level of token activity during the recovery period also indicates the possibility of seller dominance.
The market is currently concentrating on a weekly 200-exponential moving average (EMA) of about 0.16, which is one of the structural supports of Dogecoin.
This line in the sand has withstood six tests since this time last summer, and which would have defined the limits between a cyclical pullback and a more lasting reversal on the trend.
A clear close below 0.17 would enhance the bearishness, and a defence above 0.1720 might enable the consolidation or a rebound to reach 0.1760.
Technical indicators indicate bearish power where the hourly Relative Strength Index (RSI) stands at around 38, which implies mild oversold states but no capitulation at this point.
The lack of underlying drivers highlights only technical processes that help to sustain the downwards trend that has been observed since the beginning of November.
The traders observe the $0.1719 support cluster, which is fragile. Temporary reduction in volumes of sales gives the market a hint of exhaustion and no follow-through buying force.
The inability to maintain this level exposes the lower support of the 0.1650 to 0.16005 range, where the weekly EMA offers final structural support.
The institutional order flow indicates that it is not a matter of panic selling but systematic de-risking and creating time to allow technical recovery in case the pressure drops.
The direction in which the market will move immediately will be determined by whether or not $0.17 can withstand the current bearish market.
Devoid of regular purchases, Dogecoin will be in danger of another fall, further heating the competition at a critical crossroads point.
The post Dogecoin Price Prediction: Dogecoin Battles Key EMA Support Amid 5% Price Drop appeared first on Live Bitcoin News.


