Dogecoin Falls 7.1% to $0.1623 as RSI Signals Possible Breakout

Published at 2025-11-14 13:14:56

Dogecoin dropped 7.1% to $0.1623 on Nov. 14, reflecting a short-term bearish move after renewed selling pressure. Technical indicators, notably the Relative Strength Index (RSI), have shifted in a way analysts interpret as a potential setup for a breakout rather than a sustained decline — momentum appears to be loosening but not decisively trending.

Why this matters: memecoin volatility often reverberates across altcoin sentiment, and a decisive break of nearby support or resistance could trigger larger moves in risk assets. Traders are watching order flow and RSI confirmation to validate any breakout; caution is advised for retail investors until clear price confirmation arrives.

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