{"id":80335,"date":"2026-07-24T07:23:26","date_gmt":"2026-07-24T07:23:26","guid":{"rendered":"https:\/\/coinjournal.net\/?p=365742"},"modified":"2026-07-24T07:23:26","modified_gmt":"2026-07-24T07:23:26","slug":"doge-slides-below-0-070-as-market-sentiment-weakens","status":"publish","type":"post","link":"https:\/\/coinalsat.com\/en\/doge-slides-below-0-070-as-market-sentiment-weakens\/","title":{"rendered":"DOGE slides below $0.070 as market sentiment weakens"},"content":{"rendered":"\n<p><span style=\"font-weight: 400;\">Key takeaways<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Dogecoin (DOGE) is trading below $0.070 after dropping 5% in the previous session.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Risk-off sentiment driven by geopolitical tensions has reduced demand for speculative assets like meme coins.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">DOGE futures open interest has declined, while trading volume has surged 76%, indicating increased retail activity.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Dogecoin (DOGE) remained under pressure on Friday, trading below $0.070 after suffering a 5% decline in the previous trading session.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The world&#8217;s largest memecoin has weakened alongside the broader cryptocurrency market as investors reduce exposure to speculative assets amid heightened geopolitical tensions and deteriorating market sentiment.<\/span><\/p>\n<h2>Geopolitical uncertainty weighs on memecoins<\/h2>\n<p><span style=\"font-weight: 400;\">Dogecoin has historically been one of the most sentiment-driven cryptocurrencies, with its price closely tied to retail investor enthusiasm and broader market risk appetite.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Recent geopolitical developments, including escalating tensions between the United States and Iran, have pushed investors toward a more cautious stance.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The decline in market confidence is reflected in CoinMarketCap&#8217;s Fear &amp; Greed Index, which dropped to 37 on Friday from 40 earlier in the week, signaling that sentiment is shifting further toward fear.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As speculative demand fades, meme coins such as DOGE have experienced stronger selling pressure than many larger cryptocurrencies.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Dogecoin&#8217;s derivatives market presents a mixed picture. According to CoinGlass, DOGE <\/span><a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/www.coinglass.com\/currencies\/DOGE\/futures\"><span style=\"font-weight: 400;\">futures open interest<\/span><\/a><span style=\"font-weight: 400;\"> declined to approximately $1.10 billion, indicating a slight reduction in outstanding leveraged positions.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, futures trading volume surged 76% to around $1.38 billion, suggesting retail traders remain highly active despite the recent price decline.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The increase in trading activity alongside falling prices points to heightened volatility rather than renewed bullish conviction.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Additional derivatives indicators continue to favor sellers. DOGE&#8217;s perpetual futures funding rate slipped to approximately -0.0016%, indicating that short sellers are paying long-position holders.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Negative funding rates generally reflect bearish market expectations and growing demand for short positions.<\/span><\/p>\n<h2>DOGE remains below key technical levels<\/h2>\n<p><span style=\"font-weight: 400;\">From a technical perspective, Dogecoin continues to trade within a well-established downtrend.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The meme coin remains below both the 50-day EMA at $0.0788 and the 200-day EMA at $0.1032<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Remaining beneath these indicators keeps the short-term and medium-term outlook tilted in favor of sellers.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Momentum indicators show bearish conditions persist, although DOGE is approaching oversold territory.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Relative Strength Index (RSI) is hovering near 31, indicating selling pressure remains strong, and the asset is nearing levels where buyers may begin looking for value.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile, the Moving Average Convergence Divergence (MACD) is testing its signal line, suggesting bearish momentum may continue building if sellers maintain control.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The next important support level lies at $0.0641. A daily close below this level could accelerate losses and trigger another wave of selling.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On the upside, buyers must overcome several resistance levels before sentiment can improve:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">$0.0700 &ndash; Immediate resistance<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">$0.0777 &ndash; Secondary resistance<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">$0.0788 &ndash; 50-day EMA<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Together, these levels form a significant resistance zone that bulls must reclaim to signal a potential trend reversal.<\/span><\/p>\n<p><img data-source=\"CoinJournal\" loading=\"lazy\" decoding=\"async\" data-source=\"CoinJournal\" class=\"alignnone size-full wp-image-365738\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/07\/DOGEUSD_2026-07-24_07-25-44.png\" alt=\"DOGE\/USD 4H Chart\" width=\"1793\" height=\"836\"><\/p>\n<p><span style=\"font-weight: 400;\">Dogecoin remains vulnerable as weakening market sentiment and geopolitical uncertainty continue to pressure speculative assets.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Unless broader market sentiment improves and DOGE reclaims the $0.070&ndash;$0.079 resistance zone, the meme coin could remain on course to test support near $0.0641 in the coming sessions.<\/span><\/p>\n<p>The post <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/news\/doge-slides-below-0-070-as-market-sentiment-weakens\/\">DOGE slides below $0.070 as market sentiment weakens<\/a> appeared first on <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\">CoinJournal<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"\n<p>Key takeaways Dogecoin (DOGE) is trading below $0.070 after dropping 5% in the previous session. Risk-off sentiment driven by geopolitical tensions has reduced demand for speculative assets like meme coins. DOGE futures open interest has declined, while trading volume has surged 76%, indicating increased retail activity. Dogecoin (DOGE) remained under pressure on Friday, trading below [&#8230;]<\/p>\n<p>The post <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/news\/doge-slides-below-0-070-as-market-sentiment-weakens\/\">DOGE slides below $0.070 as market sentiment weakens<\/a> appeared first on <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\">CoinJournal<\/a>.<\/p>\n","protected":false},"author":5,"featured_media":80336,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1,1,1,1,1,1,1,1,1],"tags":[],"class_list":["post-80335","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>DOGE slides below $0.070 as market sentiment weakens - CoinAlSat.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinalsat.com\/en\/doge-slides-below-0-070-as-market-sentiment-weakens\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DOGE slides below $0.070 as market sentiment weakens - CoinAlSat.com\" \/>\n<meta property=\"og:description\" content=\"Key takeaways Dogecoin (DOGE) is trading below $0.070 after dropping 5% in the previous session. Risk-off sentiment driven by geopolitical tensions has reduced demand for speculative assets like meme coins. DOGE futures open interest has declined, while trading volume has surged 76%, indicating increased retail activity. Dogecoin (DOGE) remained under pressure on Friday, trading below [&#8230;] The post DOGE slides below $0.070 as market sentiment weakens appeared first on CoinJournal.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/coinalsat.com\/en\/doge-slides-below-0-070-as-market-sentiment-weakens\/\" \/>\n<meta property=\"og:site_name\" content=\"CoinAlSat.com\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/coinalsat1\" \/>\n<meta property=\"article:published_time\" content=\"2026-07-24T07:23:26+00:00\" \/>\n<meta name=\"author\" content=\"Author\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Author\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/coinalsat.com\\\/en\\\/doge-slides-below-0-070-as-market-sentiment-weakens\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/coinalsat.com\\\/en\\\/doge-slides-below-0-070-as-market-sentiment-weakens\\\/\"},\"author\":{\"name\":\"Author\",\"@id\":\"https:\\\/\\\/coinalsat.com\\\/#\\\/schema\\\/person\\\/6fa35040f9ef4ae108188eaeb3ef441b\"},\"headline\":\"DOGE slides below $0.070 as market sentiment weakens\",\"datePublished\":\"2026-07-24T07:23:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/coinalsat.com\\\/en\\\/doge-slides-below-0-070-as-market-sentiment-weakens\\\/\"},\"wordCount\":521,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/coinalsat.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/coinalsat.com\\\/en\\\/doge-slides-below-0-070-as-market-sentiment-weakens\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/coinalsat.com\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/doge-slides-below-0-070-as-market-sentiment-weakens.png\",\"articleSection\":[\"General\",\"General\",\"General\",\"General\",\"General\",\"General\",\"General\",\"General\",\"General\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/coinalsat.com\\\/en\\\/doge-slides-below-0-070-as-market-sentiment-weakens\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/coinalsat.com\\\/en\\\/doge-slides-below-0-070-as-market-sentiment-weakens\\\/\",\"url\":\"https:\\\/\\\/coinalsat.com\\\/en\\\/doge-slides-below-0-070-as-market-sentiment-weakens\\\/\",\"name\":\"DOGE slides below $0.070 as market sentiment weakens - 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Risk-off sentiment driven by geopolitical tensions has reduced demand for speculative assets like meme coins. DOGE futures open interest has declined, while trading volume has surged 76%, indicating increased retail activity. Dogecoin (DOGE) remained under pressure on Friday, trading below [&#8230;] The post DOGE slides below $0.070 as market sentiment weakens appeared first on CoinJournal.","og_url":"https:\/\/coinalsat.com\/en\/doge-slides-below-0-070-as-market-sentiment-weakens\/","og_site_name":"CoinAlSat.com","article_publisher":"https:\/\/www.facebook.com\/coinalsat1","article_published_time":"2026-07-24T07:23:26+00:00","author":"Author","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Author","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/coinalsat.com\/en\/doge-slides-below-0-070-as-market-sentiment-weakens\/#article","isPartOf":{"@id":"https:\/\/coinalsat.com\/en\/doge-slides-below-0-070-as-market-sentiment-weakens\/"},"author":{"name":"Author","@id":"https:\/\/coinalsat.com\/#\/schema\/person\/6fa35040f9ef4ae108188eaeb3ef441b"},"headline":"DOGE slides below $0.070 as market sentiment weakens","datePublished":"2026-07-24T07:23:26+00:00","mainEntityOfPage":{"@id":"https:\/\/coinalsat.com\/en\/doge-slides-below-0-070-as-market-sentiment-weakens\/"},"wordCount":521,"commentCount":0,"publisher":{"@id":"https:\/\/coinalsat.com\/#organization"},"image":{"@id":"https:\/\/coinalsat.com\/en\/doge-slides-below-0-070-as-market-sentiment-weakens\/#primaryimage"},"thumbnailUrl":"https:\/\/coinalsat.com\/wp-content\/uploads\/2026\/07\/doge-slides-below-0-070-as-market-sentiment-weakens.png","articleSection":["General","General","General","General","General","General","General","General","General"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/coinalsat.com\/en\/doge-slides-below-0-070-as-market-sentiment-weakens\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/coinalsat.com\/en\/doge-slides-below-0-070-as-market-sentiment-weakens\/","url":"https:\/\/coinalsat.com\/en\/doge-slides-below-0-070-as-market-sentiment-weakens\/","name":"DOGE slides below $0.070 as market sentiment weakens - 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