Why is Dogecoin USD dropping 13.86% today?

Dogecoin USD is declining due to profit-taking, technical breakdown below the 50-day moving average, and broader cryptocurrency market weakness. Elevated volume at 88 million confirms genuine selling pressure rather than thin liquidity. The ADX at 35.25 confirms a strong downtrend is in place.

What is the support level for Dogecoin USD?

The primary support level sits at $0.11, marked by the Bollinger Band lower. A break below this level could accelerate selling toward the $0.08 psychological floor. The RSI at 50.24 suggests the market has not yet reached extreme oversold conditions.

What is the Dogecoin USD price forecast for 2026?

The yearly forecast targets $0.26378, implying a 168% recovery from current prices if market conditions stabilize. The monthly forecast shows $0.04 if selling intensifies. Quarterly forecasts suggest consolidation between $0.08 and $0.12 over the next three months.

Is Dogecoin USD oversold right now?

No, the RSI at 50.24 sits in neutral territory, neither overbought nor oversold. The Stochastic at 65.46 shows elevated momentum but not extreme conditions. A move below RSI 30 would signal true oversold conditions and potential reversal setups.

What technical indicators matter most for Dogecoin USD?

The ADX at 35.25 confirms strong trend strength. Bollinger Bands at $0.11 to $0.15 define the trading range. The MACD histogram at 0.00 signals a potential momentum crossover point. Volume confirmation is critical for any reversal attempt.

Crypto Insights

Dogecoin USD Slides 13.86% as RSI Hits Neutral Territory

ByHuzaifa Zahoor February 7, 2026February 7, 2026

Dogecoin USD (DOGEUSD) is experiencing significant downward pressure on February 6, 2026, with a 13.86% daily decline pushing the price to $0.09842. The meme-based cryptocurrency has fallen from its previous close of $0.10361, marking one of the steeper single-day moves in recent trading sessions. Market participants are closely watching why Dogecoin USD is sliding, as technical indicators paint a mixed picture of momentum and trend strength. With a market cap of $15.04 billion and elevated trading volume at 88 million, the move reflects genuine market activity rather than thin liquidity. Understanding the technical backdrop behind this Dogecoin USD decline helps traders assess whether support levels will hold or if further weakness lies ahead.