Dogecoin price dropped for two consecutive days after hitting the 50-day Exponential Moving Average as demand dropped and key headwinds rose.
Dogecoin (DOGE) token dropped to the important support level at $0.100, much lower than this month’s high of $0.1176. It remains ~67% from its highest level in 2025.
The coin faces major headwinds, which may drag its price in the near term. For example, it faces a major challenge on the ongoing crypto market crash, which has affected Bitcoin and most altcoins.
Additionally, the futures open interest has continued …
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