Dogecoin Price News: Third Fed Cut Fails to Spark Rally in DOGE, SHIB
CoinDesk
Despite a Fed rate cut and increased trading activity, Dogecoin's price remains stable, hovering between $0.13 and $0.15.Summary
Dogecoin's price has shown limited reaction to the Federal Reserve's recent 25-basis-point rate cut, remaining within a consolidation range of $0.13 to $0.15. While trading activity is elevated and whale wallets are accumulating DOGE, the cryptocurrency faces resistance near $0.1425. The market's response to the Fed's easing has been mixed, with policymakers signaling internal disagreement about further cuts, limiting immediate risk-on sentiment. Technical analysis suggests DOGE is in a compression phase, and a breakout or breakdown is more likely than gradual movement. Traders should watch for a sustained break above $0.1420–$0.1450 for potential gains or a drop below $0.1380 for further declines.
(Source：CoinDesk)