Dogecoin Falls Below $0.115, Hitting Lowest Price Since October Flash Crash: What`s next?

3 mins mins

Key Insights:

Dogecoin price falls to 5.17%, reaching its lowest price since the October flash crash.
Bearish signals, like Kijun-sen cross and Kumo breakout, suggest a further price decline.
Despite bullish divergence, market sentiment remains negative, with traders focusing on key resistance.

93451ac4 1bb2 4325 ae23 6e1e730d6465 — *Dogecoin Falls Below $0.115, Hitting Lowest Price Since October Flash Crash: What`s next?*

Dogecoin has dropped below $0.115, marking its lowest point since the October 10th flash crash. As of the latest update, the price stands at $0.114622, with a 24-hour trading volume of over $2 billion. The sudden dip has raised concerns among traders and investors, as the cryptocurrency continues to struggle with downward momentum.

Price Decline and Market Performance

Dogecoin’s price has seen a decline of 5.17% in the last 24 hours. As indicated by KrissPax, the fall below $0.115 is a key event, as it puts the cryptocurrency at a level not seen since the flash crash in October 2025.

The drop has come as part of an ongoing downtrend for Dogecoin, which has been under pressure for some time. The trading volume has remained high, indicating continued activity in the market despite the negative price action.

In recent analysis from Trader Tardigrade, the cryptocurrency was identified as experiencing a “second RSI Bullish Divergence” on the 4-hour chart. The overall sentiment in the market remains bearish, with traders looking for signals of a potential reversal or further declines. The dip below $0.115 highlights the uncertainty facing Dogecoin in the short term.

Traders Brace for Further Decline as Bearish Indicators Persist

According to a report from Trader Tardigrade, Dogecoin’s price has shown several bearish signals, including a cross below the Kijun-sen (Base Line), a Kumo Breakout, and a TK Cross. These signals suggest that further downward movement could be expected.

Despite the bullish divergence noted by some analysts, the broader trend remains negative. The combination of multiple bearish signals has led many traders to stay cautious. The market is closely focused on any potential turning points or signs that Dogecoin may regain some of its lost value.

However, with the current downtrend, it remains uncertain when or if a reversal will occur. The current sentiment in the Dogecoin market is largely negative, but traders are now focusing on key resistance and support levels to gauge where Dogecoin may head next.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.