Markets Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail Dogecoin Holds $0.14 Floor as Netw Markets Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail Dogecoin Holds $0.14 Floor as Netw

Dogecoin Holds $0.14 Floor as Network Activity Hits 3-Month High

2025/12/09 12:29
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail

Dogecoin Holds $0.14 Floor as Network Activity Hits 3-Month High

Rising active addresses and tightening volatility indicate an impending directional move, with $0.16 as a critical breakout threshold.

By Shaurya Malwa, CD Analytics
Updated Dec 9, 2025, 4:29 a.m. Published Dec 9, 2025, 4:29 a.m.
(CoinDesk Data)

What to know:

  • Dogecoin marked its 12th anniversary, but market reactions were muted, focusing instead on technical patterns and network activity.
  • The token consolidated within a tight range, with active buying interest at the lower boundary and potential for a bullish breakout.
  • Rising active addresses and tightening volatility indicate an impending directional move, with $0.16 as a critical breakout threshold.

Memecoin posts modest advance with elevated trading activity while technical patterns signal consolidation near key support.

News Background

  • Dogecoin marked its 12th anniversary on December 6, twelve years after creators Billy Markus and Jackson Palmer introduced the meme-token that would later evolve into a major crypto asset supported by persistent community engagement.
  • Despite the milestone, the market reaction was muted, with trading driven instead by technical structure and network activity.
  • On-chain data showed daily active addresses reaching 67,511 on December 3 — the second-highest level in three months — underscoring renewed user participation even as price action remains contained.

Technical Analysis

  • DOGE spent the session consolidating within a tight $0.1406–$0.1450 band, forming a compression structure designed to resolve into a broader move.
    The token bounced from $0.14 support three separate times, showing active buying interest at the lower boundary of the range.
  • Each rejection of deeper downside came with declining sell volume, a constructive signal for potential upside resolution.
  • Hourly charts revealed a notable volatility pocket around 03:19–03:22 GMT, where price dipped to $0.1405 before recovering, reinforcing an ascending intraday support line.
  • MACD curves continue to converge toward a bullish cross, while range contraction and higher lows hint at an early-stage accumulation pattern rather than distribution.

Price Action Summary

  • DOGE advanced from $0.1405 to $0.14155 in a controlled 0.81% gain.
    Volume jumped 16.96% above weekly averages, with a notable 465.9M spike (+68% vs 24-hour SMA) at 01:00 GMT confirming institutional interest around range lows.
  • The token maintained stable structure despite multiple tests of $0.140–$0.141, while resistance at $0.145 remained unchallenged during the session.

What Traders Should Know

  • The consolidation setup is nearing resolution, with $0.16 identified as the critical breakout threshold that would transition DOGE from range-bound action into a trend continuation phase.
  • Failure to hold $0.14 risks sending price toward deeper on-chain support near $0.081, as flagged by UTXO realized distribution clusters.
  • The combination of rising active addresses and tightening volatility suggests a directional move is approaching.
  • Traders should watch for volume expansion above $0.145 or below $0.140 as the likely trigger for the next leg.

More For You

Protocol Research: GoPlus Security

Commissioned byGoPlus

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
View Full Report

More For You

Bitcoin Traders Target $20K Bitcoin Strike as Deep Out of the Money Options Gain Traction

These flows represent a bullish bet on volatility rather than a downside hedge or outright bearish position.

What to know:

  • The $20,000 strike put option for June 2026 is notably popular, with over $191 million in notional open interest.
  • These options are seen as bets on volatility rather than price direction, as they are too far from the current BTC spot price to serve as a hedge.
Read full story
Latest Crypto News

Bitcoin Traders Target $20K Bitcoin Strike as Deep Out of the Money Options Gain Traction

XRP Traders Eyes Breakout Above $2.11 as U.S. ETFs Cross $1B Milestone

Asia Morning Briefing: BTC Steadies Around 90k With Liquidity Drained and a Fed Cut Fully Priced In

CFTC Launches Digital Assets Pilot Allowing Bitcoin, Ether and USDC as Collateral

Bitcoin Treads Water Near $90K as Bitfinex Warns of 'Fragile Setup' to Shocks

U.S. Regulator Pushes Back on Banks Fighting Crypto's Pursuit of Trust Charters

Top Stories

CoinDesk's Most Influential 2025

Asia Morning Briefing: BTC Steadies Around 90k With Liquidity Drained and a Fed Cut Fully Priced In

CFTC Launches Digital Assets Pilot Allowing Bitcoin, Ether and USDC as Collateral

Bitcoin Treads Water Near $90K as Bitfinex Warns of 'Fragile Setup' to Shocks

U.S. Regulator Pushes Back on Banks Fighting Crypto's Pursuit of Trust Charters

40% of Canadian Crypto Users Flagged for Tax Evasion Risk, Canadian Tax Authority Reveals

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like