🚨📢🔥Dogecoin Price Predictions: #Dogecoin 🚨
♦️♦️DOGE is holding steady despite declining institutional and individual demand.
✅Dogecoin is trading under pressure, with the 50, 100, and 200-day exponential moving averages limiting upside potential.
✅Individual traders remain on the sidelines as open interest lags amid a lack of inflows to exchange-traded funds.
✅The MACD indicator maintains a slight positive edge, but the overall outlook remains bearish.
✅Dogecoin (DOGE) is trading marginally above its opening price for the day at $0.1403 at the time of writing this report on Friday. Support at $0.1321 has held steady since November 20, despite a cautious sentiment in the cryptocurrency market.
✅The Federal Reserve's (Fed) decision to cut interest rates by 25 basis points on Wednesday was marked by a sharp increase in volatility, as investors absorbed the hawkish outlook that is likely to set the tone in 2026.
✅Inflation risks and a weak labor market have emerged as factors that could prompt the central bank to pause its easing cycle, a forecast that may continue to drive macroeconomic uncertainty.
