TL;DR

Dogecoin is currently trading at $0.148 per unit, down 2% over 24 hours, with a trading volume exceeding $1.2 billion.
The probability of the meme cryptocurrency reaching a new all-time high before year-end is below 1%.
Dogecoin’s price remains below the 50-day simple moving average at $0.1655 and the 200-day SMA at $0.2051, indicating the token continues under sustained pressure.

Dogecoin continues to decline, facing a challenging period in the market. The token trades at $0.148, down 2% in the past 24 hours. Trading volume fell nearly 20%, surpassing $1.2 billion, reflecting that many traders have withdrawn and bearish pressure remains dominant.

Prediction markets show a collapse in optimism: the probability of Dogecoin hitting a new all-time high before the end of the year is under 1%. This contrasts with early 2025 levels, when probabilities fluctuated between 5% and 20%. The decline reflects months of bearish behavior that eroded confidence, leaving investors with near-zero expectations of a rally toward the 2021 peak of roughly $0.73.

Dogecoin Faces Intense Pressure and Recovery Will Be Challenging

Technically, Dogecoin faces clear resistance. The price remains below the 50-day SMA at $0.1655 and is even further from the 200-day SMA at $0.2051. These levels indicate the token is under continuous pressure, and any recovery attempts will encounter significant obstacles unless there is a strong shift in momentum.

The 14-day Relative Strength Index (RSI) sits at 47.50, in neutral territory. This suggests Dogecoin is neither overbought nor oversold, pointing to short-term sideways consolidation rather than an aggressive rebound. Technical analysts interpret this phase as a waiting period, where buyers will assess whether the token can hold current levels before attempting an upward move.

The nearly 20% drop shows active traders are reducing exposure and avoiding aggressive positions. Trading is concentrated around periods of selling pressure, reinforcing the view that participation is weak relative to market volatility.

Dogecoin is navigating a period of uncertainty. The token’s performance will remain constrained until a catalyst emerges to shift market perception. Current levels will be key in determining whether consolidation holds or the downtrend intensifies

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Filed under: News - @ December 10, 2025 8:44 pm