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Dogecoin drops below $0.085 amid whale selling but network activity hints at possible recovery.

Technical Signals
19 Jun 2026
AMBCrypto
View Source
Bearish
pluang ai news

Dogecoin failed to break above $0.09 and dropped below its $0.085 support to a low of $0.081, pressured by heavy selling from whales. Despite this, network activity remains high, with daily active addresses reaching a two-year peak, indicating strong on-chain demand. The selling pressure suggests the downtrend may continue, risking a further drop to $0.07. However, the robust network usage offers hope for a market rebound if new buyers hold at lower levels.

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