- Dogecoin eased to $0.123 and Shiba Inu fell to $0.000007165 as rebounds failed during U.S. hours.
- Bitcoin’s attempted bounce faded and Ether remained weak, keeping speculative tokens under pressure.
- Dogecoin trades near $0.1208–$0.1220 support, with $0.1260–$0.1264 as near-term supply.
- Shiba Inu broke its $0.00000717–$0.00000718 floor and is searching for support around $0.000007145 and $0.00000707.
Dogecoin and Shiba Inu fell late in the year as larger crypto assets showed weak momentum. Dogecoin dropped to $0.123 and Shiba Inu slipped to $0.000007165 while bitcoin’s rebound lost steam during U.S. hours and ether stayed heavy. The moves left meme tokens trading on technical levels rather than new catalysts.
Market background showed meme coins acting as high-beta proxies for risk appetite, with traders selling into failed rebounds. Thin liquidity and position cleanup into late December amplified moves around obvious technical levels.
On technicals, DOGE is in a tightening consolidation with a bearish bias after repeated failures above $0.1260–$0.1264, and $0.1208–$0.1220 is the demand shelf holding structure. A sustained break below $0.122 risks a deeper slide toward $0.1280 and then $0.1250, while reclaiming $0.133 would be needed to shift the short-term bias. "This is still a technical market, not a headline market."
SHIB appears weaker after slipping through the $0.00000717–$0.00000718 floor and confirming a descending-channel bias. Focus shifts to $0.000007145 as the next support level; if that fails, the next demand pocket sits near $0.00000707, and rebounds may be capped near $0.00000722–$0.00000725 without sustained volume.
Price action over 24 hours showed DOGE sliding from $0.1258 to $0.1230 with volume about 11.5% above its seven-day average, and a high-volume rejection near $0.1264 reinforced seller activity. SHIB sold off from the $0.00000722–$0.00000725 resistance zone toward the $0.00000707 support area.
Traders should watch whether DOGE holds $0.122 and whether SHIB reclaims $0.00000717–$0.00000718 to assess if the market is base-building or moving lower. "The trade is simple: watch whether DOGE holds $0.122 and whether SHIB can regain its broken floor."
Definitions: meme coins (tokens whose value is tied to community sentiment rather than fundamentals); liquidity (how easily an asset can be bought or sold without large price moves); descending channel (a chart pattern with lower highs and lower lows indicating downward slope).
Related resources: image, ad tag, reCAPTCHA, HubSpot script, Google Analytics, Sanity CDN, Facebook Connect, JW Player, CloudFront, downloads, PubSubHubbub.
✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.
Previous Articles:
- Crypto IPO Wave 2025: Circle, Bullish Spark Market Rush Now!
- Sonic Pauses $S Minting for US ETF; $0.50 Trigger, $50M Cap.
- Trust Wallet hacked on Christmas; Binance vows to cover $7m.
- Bitmine Stakes $219M in ETH Begins Institutional PoS Rollout
- MongoDB Zlib Flaw CVE-2025-14847 Exposes Heap Memory Urgent!
