Dogecoin ETFs Struggle, DOGE Faces Breakdown Risk at $0.10 Support
The post Dogecoin ETFs Struggle, DOGE Faces Breakdown Risk at $0.10 Support appeared on BitcoinEthereumNews.com.
Key Insights: Dogecoin ETFs have garnered little interest, and their net inflows have reduced by more than $6.67 million since their launch in September 2025. DOGE price is retaining vital support at 0.10, though momentum is weak and the risk of a breakdown is looming. The increasing network activity is an indication of possible future price expansion, although long-term demand in the spot markets will be required to recover. Dogecoin (DOGE) exchange-traded funds (ETFs) are not of much interest to investors since they were launched in September 2025. By February 2026, total net inflows to these ETFs have been only 6.67 million, even though it has a market cap of over $16 billion. The Dogecoin price stands near the pivotal point at $0.10, and the question is whether DOGE can hold its ground or is it going to break down? DOGE Price Slips Below Key $0.10 Support Level At the time of writing, Dogecoin trades at approximately $0.0963. The price has fallen more than 20% over the past week. It recently broke below the psychological $0.10 level, which had previously served as reliable support. Technical indicators indicate weak purchasing power. The Money Flow Index on the 4-hour chart stands at 54.4, indicating moderate inflows rather than aggressive accumulation. The Relative Strength Index is struggling to stay above 50, with the MACD near the zero line and shallow bars. DOGE/USD 4-hour chart | Source. TradingView A descending resistance band near $0.12 continues to cap upside attempts. Repeated rejections at this zone suggest overhead supply remains heavy. Elon Musk responded to questions about SpaceX accepting Dogecoin on February 2. He said a payment for a moon mission could happen next year. In past cycles, similar statements triggered sharp rallies. The price this time made a slight movement. The dulled response points to…
Filed under: News - @ February 7, 2026 4:24 pm