{"id":10123,"date":"2026-06-23T14:30:40","date_gmt":"2026-06-23T14:30:40","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=10123"},"modified":"2026-06-23T14:30:40","modified_gmt":"2026-06-23T14:30:40","slug":"dogecoin-slides-below-0-08-as-bearish-signals-intensify-across-markets","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=10123","title":{"rendered":"Dogecoin slides below $0.08 as bearish signals intensify across markets"},"content":{"rendered":"<p><\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/05\/ChatGPT-Image-May-21-2026-12_57_19-PM-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/05\/ChatGPT-Image-May-21-2026-12_57_19-PM-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/05\/ChatGPT-Image-May-21-2026-12_57_19-PM-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/05\/ChatGPT-Image-May-21-2026-12_57_19-PM-smartcrop-363x181.png\" type=\"image\/jpeg\"\/><img decoding=\"async\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/05\/ChatGPT-Image-May-21-2026-12_57_19-PM.png\" alt=\"Dogecoin has held the $0.102 support level.\" width=\"100%\" height=\"100%\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<p><span style=\"font-weight: 400;\">Key takeaways<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">DOGE is down by nearly 6% and is now trading below $0.08.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The bearish performance comes as retail traders reduce their exposure to the market.\u00a0<\/span><\/li>\n<\/ul>\n<h2>DOGE extends losses after failed breakout<\/h2>\n<p><span style=\"font-weight: 400;\">Dogecoin (DOGE) continued to face downward pressure on Tuesday, trading below $0.08 after failing to break above a key resistance zone.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The meme coin has now dropped more than 10% over the past week, reflecting weakening momentum across both spot and derivatives markets.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Market data suggests that institutional participation in Dogecoin remains weak. According to SoSoValue data, spot Exchange Traded Funds (ETFs) linked to DOGE have shown little activity since early June, signaling a decline in demand from larger investors.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A continuation of negative or absent ETF flows could further weigh on price action, increasing the risk of additional downside volatility.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Sentiment around Dogecoin has also weakened on social platforms. Santiment\u2019s Social Dominance metric, which tracks the share of cryptocurrency discussions focused on DOGE, fell to 0.095% on Tuesday. This level is close to early June lows and reflects a sharp decline in market attention.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The drop suggests fading enthusiasm among retail traders, often a key driver of momentum for meme-based cryptocurrencies.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Futures and options data further reinforce the cautious outlook. <\/span><span style=\"font-weight: 400;\">CoinGlass<\/span><span style=\"font-weight: 400;\"> reports that Dogecoin\u2019s long-to-short ratio fell to 0.80 on Tuesday, near its lowest level in over a month.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A ratio below 1 indicates that more traders are positioning for price declines than gains, highlighting growing bearish sentiment in the derivatives market.<\/span><\/p>\n<h2>DOGE price outlook: Key levels in focus<\/h2>\n<p><span style=\"font-weight: 400;\">Dogecoin was trading around $0.07948 at the time of writing, maintaining a bearish short-term structure.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The price remains below the 50-day, 100-day, and 200-day Exponential Moving Averages (EMAs), which are clustered between $0.093 and $0.114, reinforcing downside pressure.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Momentum indicators present a mixed picture. The Relative Strength Index (RSI) sits at the oversold territory near 29, suggesting selling pressure is stretched.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, the Moving Average Convergence Divergence (MACD) shows only mild stabilization, not a confirmed reversal.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On the upside, immediate resistance is seen near $0.0885, followed by the 50-day EMA at $0.0926 and the 100-day EMA at $0.0982.<\/span><\/p>\n<p><img fetchpriority=\"high\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"alignnone size-full wp-image-365434\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/06\/DOGEUSD_2026-06-23_13-42-29.png\" alt=\"DOGE\/USD 4H Chart\" width=\"1814\" height=\"886\"\/><\/p>\n<p><span style=\"font-weight: 400;\">A stronger recovery would require a break above the descending trendline near $0.1000, with further resistance at $0.1027 and the 200-day EMA around $0.1138.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On the downside, the critical support level remains the recent yearly low at $0.0776. A decisive break below this level could open the door for a move toward $0.0700, where buyers may attempt to re-enter the market.<\/span><\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p>Analysis,DOGE#Dogecoin #slides #bearish #signals #intensify #markets1782225040<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key takeaways DOGE is down by nearly 6% and is now trading below $0.08. The bearish performance comes as retail traders reduce their exposure to the market.\u00a0 DOGE extends losses after failed breakout Dogecoin (DOGE) continued to face downward pressure on Tuesday, trading below $0.08 after failing to break above a key resistance zone.\u00a0 The<\/p>\n","protected":false},"author":1,"featured_media":9280,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-10123","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eurozone"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Dogecoin slides below $0.08 as bearish signals intensify across markets - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"description\" content=\"Dogecoin has dropped below $0.080, reflecting weakening momentum across both spot and derivatives markets.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=10123\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dogecoin slides below $0.08 as bearish signals intensify across markets\" \/>\n<meta property=\"og:description\" content=\"Dogecoin has dropped below $0.080, reflecting weakening momentum across both spot and derivatives markets.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.uk.com\/?p=10123\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News: Latest Cryptocurrency News and Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-23T14:30:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/05\/ChatGPT-Image-May-21-2026-12_57_19-PM.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1402\" \/>\n\t<meta property=\"og:image:height\" content=\"1122\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"\u884c\u653f\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u884c\u653f\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=10123\",\"url\":\"https:\/\/cryptonews.uk.com\/?p=10123\",\"name\":\"Dogecoin slides below $0.08 as bearish signals intensify across markets - Crypto News: Latest Cryptocurrency News and Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=10123#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=10123#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/05\/ChatGPT-Image-May-21-2026-12_57_19-PM.png\",\"datePublished\":\"2026-06-23T14:30:40+00:00\",\"author\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\"},\"description\":\"Dogecoin has dropped below $0.080, reflecting weakening momentum across both spot and derivatives markets.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=10123#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptonews.uk.com\/?p=10123\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=10123#primaryimage\",\"url\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/05\/ChatGPT-Image-May-21-2026-12_57_19-PM.png\",\"contentUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/05\/ChatGPT-Image-May-21-2026-12_57_19-PM.png\",\"width\":1402,\"height\":1122},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=10123#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptonews.uk.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Dogecoin slides below $0.08 as bearish signals intensify across markets\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptonews.uk.com\/#website\",\"url\":\"https:\/\/cryptonews.uk.com\/\",\"name\":\"Crypto News: Latest Cryptocurrency News and Analysis\",\"description\":\"Latest Crypto &amp; 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