Dogecoin started a fresh decline below the $0.1280 zone against the US Dollar. 
DOGE is now consolidating losses and might face hurdles near $0.130. DOGE 
price started a fresh decline below the $0.120 level. The price is trading 
below the $0.1280 level and the 100-hourly simple moving average. There is a 
key bearish trend line forming with resistance at $0.130 on the hourly chart 
of the DOGE/USD pair (data source from Kraken). The price could extend losses 
if it stays below $0.1300 and $0.1320. Dogecoin Price Dives Below Support 
Dogecoin price started a fresh decline after it closed below $0.1320, like 
Bitcoin and Ethereum. DOGE declined below the $0.1280 and $0.1220 support 
levels. The price even traded below $0.1180. A low was formed near $0.1155, 
and the price is now showing bearish signs. There was a recovery wave above 
$0.120. The price climbed above the 23.6% Fib retracement level of the 
downward move from the $0.1512 swing high to the $0.1155 low. Dogecoin price 
is now trading below the $0.1280 level and the 100-hourly simple moving 
average. If there is a recovery wave, immediate resistance on the upside is 
near the $0.1280 level. The first major resistance for the bulls could be near 
the $0.130 level and the trend line. The next major resistance is near the 
$0.1330 level or the 50% Fib retracement level of the downward move from the 
$0.1512 swing high to the $0.1155 low. A close above the $0.1330 resistance 
might send the price toward the $0.1375 resistance. Any more gains might send 
the price toward the $0.140 level. The next major stop for the bulls might be 
$0.1420. Another Decline In DOGE? If DOGE’s price fails to climb above the 
$0.1300 level, it could continue to move down. Initial support on the downside 
is near the $0.1215 level. The next major support is near the $0.120 level. 
The main support sits at $0.1150. If there is a downside break below the 
$0.1150 support, the price could decline further. In the stated case, the 
price might slide toward the $0.1120 level or even $0.1050 in the near term. 
Technical Indicators Hourly MACD – The MACD for DOGE/USD is now losing 
momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI 
for DOGE/USD is now below the 50 level. Major Support Levels – $0.1215 and 
$0.1200. Major Resistance Levels – $0.1300 and $0.1330.

Dogecoin (DOGE) Rebound Looks Fragile With Multiple Hurdles Ahead

On-chain data shows the Bitcoin Inter-exchange Flow Pulse (IFP) has shown 
early signs of a turnaround recently, suggesting tokens have started moving 
into derivatives platforms. Bitcoin IFP Is Turning Around, But Not Yet Inside 
Bull Market Zone As pointed out by an analyst in a CryptoQuant Quicktake post, 
the Bitcoin IFP has seemingly hit a bottom recently. The &#8220;IFP&#8221; is an indicator 
that measures the amount of BTC that&#8217;s flowing between spot and derivatives 
exchanges. When the value of this metric is rising, it means the investors are 
making a higher amount of transactions from spot to derivatives platforms. 
Such a trend suggests speculative interest in the market is going up. Related 
Reading: $790 Million In Crypto Longs Decimated As Bitcoin Plunges To $93,000 
On the other hand, the indicator witnessing a decline implies traders may be 
pulling back on risk as they are sending a lower number of tokens to 
derivatives markets. Now, here is a chart that shows the trend in the Bitcoin 
IFP, as well as its 90-day moving average (MA), over the past decade: As 
displayed in the above graph, the Bitcoin IFP hit a high in the first quarter 
of 2025 and reversed course, suggesting speculative activity began to decline. 
Soon after the start of this downtrend, the metric slipped under its 90-day 
MA. CryptoQuant considers such a crossover to be a bearish one, labeling 
periods with the indicator below the 90-day MA to correspond to bear markets 
or corrections. Interestingly, while the cryptocurrency went on to see 
rejuvenation of bullish momentum and set a new all-time high (ATH) later in 
2025, the market environment leaned bearish from the perspective of the IFP, 
with the metric&#8217;s value holding a steady downward trajectory. Recently, 
however, the early signs of a shift may have finally emerged, as the IFP has 
shown a turnaround. This increase in derivatives exchange flows has come for 
Bitcoin as its price has gone through a recovery surge. For now, though, the 
indicator is still floating at a notable distance under its 90-day MA. In the 
past, a break beyond this line has usually led to bullish price action for the 
cryptocurrency, so such a crossover could potentially be a positive sign this 
time as well. Whether speculative activity related to the asset will rise 
enough to overcome this threshold only remains to be seen. Related Reading: 
Bitcoin Short-Term Holders Take Profits: 41,800 BTC Sent To Exchanges Speaking 
of speculation, the Bitcoin Open Interest, a measure of the amount of BTC 
positions open on all derivatives exchanges, has surged 3.2% alongside BTC&#8217;s 
pullback in the past day, as CryptoQuant community analyst Maartunn has 
highlighted in an X post. BTC Price Bitcoin has gone through a plunge over the 
last couple of days that has taken its price from $95,000 to $91,200. Featured 
image from Dall-E, chart from TradingView.com

Bitcoin IFP Hints At Potential Turnaround: What It Means

Noble is seeking better developer access and a more robust tech stack to build 
its new EVM-compatible stablecoin-focused blockchain, which will launch in 
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Noble blockchain shifts from Cosmos to launch a standalone EVM

Crypto prices today fell as selling pressure returned across global markets, 
pushing Bitcoin below the $90,000 level and dragging most major altcoins 
lower. At press time, the total crypto market value had dropped 3.4% to $3.1 
trillion. Bitcoin was trading…

Crypto prices today (Jan. 21): BTC dips below $90K, BNB, XMR, PUMP slide amid U.S.-EU tariff tensions

Tokenization is emerging as a potential fix for global financial inequality, 
with Coinbase research arguing that bringing stocks and bonds onchain could 
unlock broader market access and reshape how wealth is created worldwide. A 
New Capital Era Is Forming: Tokenization Could Expand Global Market Access and 
Wealth Creation Global financial inequality increasingly reflects disparities 
in […]

Cryptocurrency price in NOK