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Dogecoin activity drops 37%, price may slide another 14% amid market fear

11 Nov 2026, 01:00 WIB
AMBCrypto
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Bearish
Dogecoin activity drops 37%, price may slide another 14% amid market fear

Dogecoin's onchain activity has decreased by 37% compared to October, signaling fading interest rather than a sudden sell-off. The price has fallen nearly 8% from recent highs, influenced by broader crypto market losses and large liquidation waves. Technical analysis shows DOGE trading in a descending channel, suggesting a potential further decline of about 14%, with a possible short-term bounce to $0.071-$0.073. Investors might want to wait for market fear to ease before buying.

Dogecoin trades at Rp1.224 on Pluang as of Nov 11, 2026 06:21 WIB, down 3.16% in the last day. Despite the article's note of an 8% fall from recent highs and a potential 14% further slide, Pluang data shows a majority of order activity at 75% Buy, with a typical hold time of 111 days. This suggests that while short-term price pressure exists, many investors remain committed to holding DOGE.

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