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Dogecoin drops for a third day, hovering near $0.07 support. Watch key levels $0.0745 and $0.0641 as market risk‑off sentiment persists.
Dogecoin fell for a third consecutive session on July 13, 2026, slipping toward the $0.0700 support zone amid weakening retail demand and bearish derivatives positioning [1].
| At a glance | |
|---|---|
| Price | $0.071 (≈ 1 % down) |
| 24‑h change | –1.2 % |
| Key level | $0.0700 support |
| Catalyst | Diminishing retail interest, negative funding and falling open interest [1] |
The meme coin remains below its 50‑day EMA ($0.0824) and 200‑day EMA ($0.1064), reinforcing a broader downtrend. A descending trendline has repeatedly rejected attempts to rebound, most recently near $0.0745, leaving $0.0700 as the next critical support. A daily close beneath this zone could open a path to $0.0641, a level last seen in October 2023 [1].
Derivatives data show a 1 % drop in DOGE futures open interest to roughly $1 billion, indicating fewer leveraged positions. The funding rate turned negative at –0.0013 %, signaling a tilt toward short bets. Liquidations over the past day totalled about $2 million, with $1.8 million coming from long positions, underscoring that bullish traders have absorbed most of the recent sell‑off [1].
Broader crypto sentiment is in the “fear” zone, with the Crypto Fear & Greed Index at 29, reflecting heightened caution amid geopolitical tensions involving the United States and Iran. Dogecoin, the largest meme token by market cap at over $12 billion, is seeing retail participation fade, further dampening upside potential [1].
Technical indicators are mixed: the RSI hovers near 40, edging toward oversold territory, while the MACD stays above its signal line but with diminishing histogram bars, suggesting that any bullish momentum is weakening [1].
Dogecoin’s slide highlights how meme assets remain vulnerable to risk‑off sentiment, and the next price break will determine whether the token can stabilize or slide deeper into its downtrend.
Coverage is mostly measured — 103 of 107 reports stay neutral.
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AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 3 outlets · Jul 23, 2026 · How we report
A whale bought nearly 200 million DOGE, valued at approximately $14 million, drawing renewed market focus.
Support is centered around $0.0720, with resistance near $0.0754; breaking above resistance could signal a bullish move.
Futures open interest climbed to about $1.08 billion in one report and to 15.45 billion DOGE in another, showing increased market participation.
One source reported an RSI near 28, indicating oversold conditions, while another reported an RSI near 43, reflecting weaker but not oversold momentum.
The Fear and Greed Index fell to 25, placing the broader crypto market in the Extreme Fear zone.