Mounting Sell Pressure Could Block DOGE’s Rally To $0.45, While Little Pepe (LILPEPE) Targets 16533% Rise
The post Mounting Sell Pressure Could Block DOGE’s Rally To $0.45, While Little Pepe (LILPEPE) Targets 16533% Rise appeared on BitcoinEthereumNews.com.
As of now, Dogecoin’s price is $0.2002, reflecting a 21.93% gain over the past month. The token started at a low of $0.1527 in early July and hit a high of $0.276 around July 20 before declining again. This quick rally generated optimism, but recent price movements show that strong resistance and decreasing volume are making it difficult for bullish momentum to persist. It has since formed lower highs and lower lows, slipping toward a key support zone near $0.19. Sellers broke past a key support level at $0.22117 and $0.20078, signaling increased downside pressure. DOGE is now trading just above the critical $0.19097 level. If bears maintain control, the price could fall further to $0.18057 and $0.16977, both highlighted as near-term downside targets. On the other hand, recovery above $0.22 would be necessary to shift sentiment back toward bullish territory. DOGE Price Faces Consolidation as Bulls Lose Momentum Furthermore, volume indicators also reveal that buying activity has greatly slowed. Dogecoin’s 24-hour volume decreased by 46.19% to $1.25 billion. The market cap increased slightly, reaching $30.09 billion, which matches its fully diluted valuation. DOGE’s current price movement indicates a classic consolidation pattern. The token remains above $0.19, but it hasn’t fallen back to the $0.22 zone yet. Analysts clarify that if this range doesn’t hold, DOGE could face more sell-offs. If the coin breaks below $0.19, $0.17 could become the next key support level. Breaking above $0.22, on the other hand, could lead to tests of $0.24 and $0.27 again. The short-term outlook remains neutral to bearish. The $0.45 target remains tough to reach unless buyers come back with a lot of volume. For a rally to last, the market will probably need to be stronger overall or have a notable catalyst. Little Pepe Presale Targets 16533% Rise as Stage…
Filed under: News - @ August 9, 2025 7:33 pm