Dogecoin (DOGE) Price Drops Below $0.15 as Whale Activity Hits 60-Day Low
Dogecoin just slipped under a key psychological level. The meme coin's price tumbled below $0.15, coinciding with a dramatic slowdown in large-scale investor movement.
Whales Go Silent
On-chain data reveals a chilling quiet. Activity from major DOGE holders—so-called 'whales'—has plunged to its lowest point in two months. That's a stark signal that the big money is sitting this one out, either waiting for a clearer direction or simply losing interest. When the whales stop moving, the market often loses its momentum.
The $0.15 Line in the Sand
Breaking below $0.15 isn't just another dip; it's a breach of a support level that retail traders have been watching closely. Without the buying pressure from deep-pocketed investors to prop it up, the coin is left exposed to broader market sentiment and sell-offs from smaller holders. It's a classic case of what happens when the tide goes out—you see who's been swimming without shorts.
What's Next for the Doge?
The immediate future hinges on whether buying interest returns to defend this level. If whale wallets stay dormant, the path of least resistance could point further down. For now, the 'people's currency' is looking a little lonely without its biggest supporters—a reminder that in crypto, even the most meme-heavy assets ultimately answer to capital flows and cold, hard liquidity. Sometimes the market's efficiency is just its cynicism wearing a different hat.
TLDR
- Dogecoin price has fallen below $0.15 and dropped to around $0.13, declining 10% during the broader crypto market downturn triggered by Bitcoin’s weakness.
- Whale activity has hit a 60-day low with large transactions of $1 million+ dropping from 38 to just 4, raising doubts about rally strength.
- Technical indicators show bearish momentum with RSI at 20 (oversold territory) and MACD line below signal line, though a Cup and Handle pattern suggests potential future breakout.
- Key support levels to watch are $0.14, $0.12, and $0.10, while resistance sits at $0.15 with potential gains toward $0.18 if momentum holds.
- DOGE trades 31.5% below its 200-day exponential moving average, with analysts noting past recoveries typically required 40%+ drops below this level.
Dogecoin has broken below the $0.15 price level, trading around $0.13 as the broader cryptocurrency market experiences selling pressure. The meme coin has declined 10% during this downturn, which was triggered by Bitcoin’s price weakness.
The price action has pushed DOGE through several critical support levels, including $0.14. The cryptocurrency touched lows of $0.13 as traders respond to market conditions. Other major cryptocurrencies like Ethereum and Solana are following similar bearish patterns with increased liquidation activity.
Lack of institutional interest in new crypto ETFs has contributed to the poor performance across the sector. The current market sentiment remains negative as selling pressure continues.
Whale Activity Drops to Two-Month Low
Large holder activity surrounding Dogecoin has fallen to its lowest point in 60 days. Transactions valued at $1 million or more have dropped from a recent peak of 38 down to just 4. This data was shared by crypto analyst Ali Martinez over the weekend.
Whale activity on the dogecoin $DOGE network has dropped to the lowest level in the past two months. pic.twitter.com/tcme4Fb3VT
— Ali (@ali_charts) November 30, 2025
The sharp decline in whale transfers raises questions about the strength of any potential price recovery. Large holders appear to be staying on the sidelines despite recent price movements. This lack of participation from major wallets suggests uncertainty among significant Doge investors.
The reduction in whale activity could limit the probability of a sustained rally in the NEAR term.
Technical Indicators Point to Bearish Momentum
The Moving Average Convergence Divergence (MACD) indicator is showing bearish signals for Dogecoin. The MACD line has crossed below the signal line, confirming downward momentum. This technical setup typically indicates continued selling pressure.
The Relative Strength Index (RSI) currently sits at 20, placing DOGE in oversold territory. This reading suggests the cryptocurrency has experienced intense selling. However, oversold conditions don’t guarantee an immediate reversal.
DOGE is trading 31.5% below its 200-day exponential moving average. Historical data shows that major recoveries in previous cycles typically required the price to fall more than 40% below this trendline.
Support and Resistance Levels
The primary resistance level for Dogecoin sits at $0.14. A new support zone has formed around $0.12. If the price stabilizes above $0.14, it could create momentum to test the next resistance at $0.15.
Should Dogecoin break above $0.15 and maintain that level, potential gains toward $0.18 become possible. However, failure to hold momentum above $0.15 could trigger a pullback. In that scenario, support levels at $0.12 and $0.10 WOULD become critical floors.
One analyst has identified a Cup and Handle pattern forming on the Dogecoin chart. The cryptocurrency appears to be in the handle phase of this pattern. Cup and Handle formations often precede upward price movements when completed.
$Doge/monthly#Dogecoin's monthly candle closed yesterday, confirming a breakdown of the support trendline.
Simultaneously, it kicked off the massive #Dogeseason
pic.twitter.com/YHeiLacWEN
— Trader Tardigrade (@TATrader_Alan) December 1, 2025
The same analyst noted that recent price action showed a violation of the support trend line on the monthly chart. This breach typically indicates potential for continued downward movement.
The $0.10 level represents a key psychological support that many traders are watching. Whether DOGE can maintain this floor will depend on overall market conditions and renewed buying interest from large holders.
