DOGE slides 7% as whale-linked selling pushes price below $0.13

2026-01-19 06:26:11

Source: CryptoNewsNet Original Title: DOGE slides 7% as whale-linked selling pushes price below $0.13 Original Link: Dogecoin slipped as traders continued rotating out of higher-beta names, with memecoins underperforming broader crypto through the session.

News Background

The immediate catalyst wasn’t a fresh headline, but positioning around a large exchange-bound DOGE transfer that resurfaced as price failed to regain higher levels.

Once DOGE rejected the $0.15 area earlier this month, confidence thinned quickly. As price slipped back toward $0.13, sellers pressed the move and forced a technical break, flushing out weak longs before the market attempted to stabilize.

That pattern — rejection at resistance, followed by a sharp liquidation-driven slide — has become familiar across memecoins during periods of fading risk appetite.

Technical Analysis

DOGE broke down from repeated failures near $0.137–$0.138, accelerating lower as selling intensified. The move extended to a low near $0.125, before bids emerged around $0.127, where price has since stabilized.

DOGE-6,9%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.