Dogecoin Faces Critical Support Levels: Analyst Highlights $0.16 and $0.07 Demand Zones

  • Dogecoin faces a critical support level at $0.16, with a potential drop to $0.07.
  • A liquidity gap between $0.16 and $0.07 could accelerate declines if support fails.
  • Investors are eyeing $0.07 as a potential buying zone amid volatility.

As the cryptocurrency market continues to evolve, Dogecoin (DOGE) has recently come under scrutiny following an insightful analysis by analyst Ali ( @ali_charts) on X. Ali shared a Glassnode chart depicting the UTXO Realized Price Distribution (URPD) for Dogecoin, revealing a significant “GAP” in support below the current price. This gap suggests that if DOGE falls below $0.16, a steep decline could ensue, with the next substantial demand zone lying at $0.07.

This analysis has sparked discussions among investors about the potential risks and opportunities in the meme-inspired cryptocurrency.The URPD chart, partitioned at all-time highs (ATH), indicates that a large volume of DOGE was acquired between $0.16 and $0.27, representing 18.62% of the total supply. However, the lack of historical volume support between $0.16 and $0.07 creates a liquidity vacuum, which could accelerate a downward spiral if selling pressure intensifies.

Ali’s warning underscores the importance of monitoring this critical support level, as a breach could lead to significant losses for holders. The chart’s visual representation, coupled with Ali’s commentary, has drawn both support and skepticism from the community, with some questioning the analyst’s prior predictions.For traders and investors, this presents a pivotal moment.

The $0.16 level serves as an immediate line of defense, while $0.07 emerges as a potential buying opportunity for those willing to weather the volatility. Historically, Dogecoin has shown resilience, but the current market dynamics suggest caution. As of 10:36 AM IST on November 15, 2025, the crypto community is closely watching these levels, with the potential for a sharp correction or a rebound depending on market sentiment and broader trends.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.

Hot this week

Bitcoin Shows Recovery Potential After $220M in November USDT Outflows

Bitcoin price dipped 30% in November but shows signs...

Arbitrum Tokenized Assets Hit 800, $10M Value Milestone

Tokenized assets on Arbitrum surge to nearly 800, with...

Dogecoin Tests $0.14 Support 5 Times in a Row: Break or Bounce?

Dogecoin has hammered the $0.14 support level five consecutive...

Crypto Tony Eyes FET Bounce at $0.27 Lows

Influencer Crypto Tony waits for a rebound in FET...

Arthur Hayes Bitcoin’s $80K Floor Holds Amid Fed Pivot

Arthur Hayes declares Bitcoin bottomed near $80K last week,...

Topics

Bitcoin Shows Recovery Potential After $220M in November USDT Outflows

Bitcoin price dipped 30% in November but shows signs...

Arbitrum Tokenized Assets Hit 800, $10M Value Milestone

Tokenized assets on Arbitrum surge to nearly 800, with...

Dogecoin Tests $0.14 Support 5 Times in a Row: Break or Bounce?

Dogecoin has hammered the $0.14 support level five consecutive...

Crypto Tony Eyes FET Bounce at $0.27 Lows

Influencer Crypto Tony waits for a rebound in FET...

Arthur Hayes Bitcoin’s $80K Floor Holds Amid Fed Pivot

Arthur Hayes declares Bitcoin bottomed near $80K last week,...

Binance Stablecoin Reserves Hit Record $51B as Inflows Surge

Binance’s stablecoin reserves reached an all-time high of $51.1...

Ethereum Plans Targeted Optimization for 2025 with Increased Gas Limits

Ethereum is shifting to targeted optimization in 2025, raising gas limits and fees for resource-heavy tasks.
spot_img

Related Articles

Popular Categories

spot_imgspot_img