TLDR
- Dogecoin trades near $0.0650 on November 13, down 1.96% on the day
- DOGE is about 38% below its September high near $0.105
- Long liquidations reached $7.7 million over 24 hours
- RSI sits at 26.22, inside oversold territory
- Next downside levels are $0.06 and $0.0575
Dogecoin (DOGE) was trading near $0.0650 on Friday, November 13. That is a 1.96% drop on the day. The coin has now slipped under a support level that had held for weeks.
DOGE has lost about 38% since its September high near $0.105. Sellers have controlled the chart since the coin was rejected at the $0.10 to $0.105 zone. Since then, it has printed a steady series of lower highs and lower lows.
CoinMarketCap’s November 13 market review linked the drop to a wider crypto sell-off. Bitcoin and other large coins fell alongside DOGE. The review pointed to macroeconomic uncertainty and weaker appetite for risk, not a news event tied to Dogecoin itself.
Derivatives traders took most of the damage. Alpha Finance data showed about $7.7 million in Dogecoin long positions were liquidated in 24 hours. Short liquidations were only about $349,000.
Forced closures can speed up a drop because exchanges sell positions that no longer meet margin rules. That pattern has hit traders betting on higher prices the hardest.
Chart Levels Point to $0.0575
On the daily chart, DOGE first found support near $0.0792 in October. Buyers could not hold that area after several rebound tries. The $0.0792 zone then turned into resistance.
Selling picked up in November and pushed the price toward $0.068. That level has now failed too. Friday’s intraday low was $0.0630, though the daily candle is still open, so the break is not confirmed on a closing basis.
Analyst Sjuul of AltCryptoGems described DOGE as a big disappointment lately. He wrote on X that the coin has not broken any relevant structure and keeps pushing lower in a clean downtrend. He expects a fresh lower low sooner or later unless the structure changes.
I have to be honest, $DOGE has been a big disappointment lately.
It is unable to break any relevant structure and it is simply pushing lower and lower in a very clean downtrend.
As long as we don't break the structure properly, just expect a fresh lower low sooner or later. pic.twitter.com/rBbaTUZGAj
— Sjuul | AltCryptoGems (@AltCryptoGems) November 12, 2026
Immediate support sits at $0.063 to $0.065. If buyers defend it, a bounce toward $0.068 is possible. Resistance then waits at $0.072 to $0.075, followed by $0.0792.
A daily close below $0.063 would open the way to $0.06, a round-number level. Below that, the next horizontal level on the chart is $0.0575. A break there could expose $0.055 and $0.05.
The Relative Strength Index (RSI) reads 26.22. Readings under 30 are usually viewed as oversold. Coins can stay oversold for a long time during a downtrend, so the reading does not signal a turn by itself.
The MACD also leans bearish. The MACD line is at -0.0041, below its signal line at -0.0036. The histogram is near -0.0006, which shows downward momentum is still active.
ETF Demand and Network Activity
Spot Dogecoin ETFs have not offered much support. CryptoETF.today reported no net creations or redemptions among reporting funds on November 11. Only two of the three tracked funds had reported at that point.
Cumulative net inflows stand near $15.1 million, while total ETF assets are about $11.4 million. Over the last 30 sessions, the funds saw roughly $539,000 in net outflows. Twenty-eight of those sessions had no recorded flows.
A November 6 SEC filing showed that 21Shares ended its support services agreement with House of Doge. The deal covered research, operations, data and marketing for the 21Shares Dogecoin ETF. The filing did not say the fund would close.
Network data from Dogechain shows lower usage than a year ago. The chain handled about 181,191 transactions in the week starting November 6, down 22% year on year. Average daily active addresses were near 37,481, down about 26%.
Dogechain also counted 171,641 payments that week. About 35% were transfers below one DOGE. Payments of at least one million DOGE made up roughly 0.8%.
Traders are watching the $0.063 to $0.065 zone on Friday. A recovery above $0.068 would be the first sign of improvement. A MACD crossover and an RSI move back above 30 to 40 would point to easing sell pressure. A close under $0.063 would put $0.06 in play.
