DOGE Finds Support After Tariff-Led Selloff, Market Awaits Next Catalyst
Dogecoin steadied on Friday after an early dip to $0.176, recovering to trade within a narrow range between $0.18 and $0.19. The initial decline came amid tariff-related headlines that weighed on risk assets across Asian markets. Reports also surfaced of around $74 million in DOGE being sold by large holders, adding to market pressure.
Despite the selling activity, Dogecoin managed to hold firm above the key $0.18 support level by the session’s close. Traders now view this level as a short-term floor while awaiting a fresh catalyst to drive momentum. Market sentiment remains cautious but resilient, with investors watching for broader risk trends and potential crypto-specific developments that could influence DOGE’s next move.
Intraday recap: range restored as volume cools
DOGE swung about 7% intraday, bottoming near $0.176 before reclaiming $0.184–$0.187 and closing around $0.186. Peak activity clustered around the 07:00–08:00 UTC selloff (≈1.4B volume), followed by late-session compression as bids concentrated near $0.18. Multiple probes of $0.188–$0.189 failed, keeping the range intact.
Macro backdrop: tariffs cloud risk sentiment
Fresh U.S.–China trade tensions featuring threats of tariffs as high as 100% on Chinese imports kept markets cautious. Officials on both sides signaled continued talks, but the policy path remains uncertain. Crypto assets tracked broader risk-off flows during Asia hours. Reuters+2Yahoo Finance+2
Flows & positioning: whales sell, funding normalizes
On-chain and market commentary pointed to roughly $74M in large-holder DOGE disposals during the downturn, while derivatives metrics normalized later in the session suggesting bearish momentum faded as spot buyers absorbed supply near $0.18.
Why Dogecoin price support at $0.18 matters
Bids concentrated around $0.18 created a clear, tradable line in the sand. Holding that base keeps the near-term structure constructive and preserves the chance of a range break higher toward $0.20–$0.21. A daily close below $0.18 would risk a deeper pullback into the $0.175 area.
Scenarios if Dogecoin price support at $0.18 breaks or holds
Holds
Gradual grind toward $0.188–$0.190; successful breakout targets $0.20+.Breaks
Quick test of $0.175–$0.180 demand; failure there invites $0.17 retests.
Context & Analysis
The tariff narrative remains binary and headline-driven. While previous shocks produced sharp crypto cross-asset liquidations, subsequent sessions often stabilize once forced sellers clear. Given the defined range and heavy participation near $0.18, DOGE is positioned for a volatility expansion; direction likely depends on macro clarity and whether whale flows resume on either side.
Conclusion
Dogecoin’s near-term direction depends on breaking out of the tight $0.18–$0.19 range. A clear move above $0.19 could open the door for a rally toward the $0.20–$0.21 zone, signaling renewed buying interest and improved market sentiment.
However, if DOGE fails to hold the $0.18 support, it may retrace toward the mid-$0.17 range, putting short-term momentum at risk. Traders are keeping a close watch on broader macro developments and any resurgence in whale activity, both of which could quickly shift market dynamics and determine whether Dogecoin’s next move favors a bullish breakout or further consolidation.
FAQs
Q : What triggered DOGE’s intraday volatility?
A : Tariff headlines and broader risk-off sentiment pressured crypto, prompting a sharp morning selloff.
Q : Did whales really sell $74M in DOGE?
A : Market reporting indicated around $74M in large-holder DOGE disposals during the decline.
Q : Why is the $0.18 level important?
A : It concentrated bids and acted as a short-term base; holding it preserves upside attempts toward $0.19–$0.21.
Q : Is momentum favoring bulls or bears now?
A : Mixed funding normalized and momentum flattened, suggesting a pause rather than a trend.
Q : What confirms a breakout?
A : A sustained move and retest above $0.19 on at least the 1-hour chart, ideally with rising spot volume.
Q : How do tariffs affect crypto prices?
A : Trade tensions can tighten liquidity and raise risk aversion, pressuring speculative assets like crypto.
Q : Does this article’s keyword “Dogecoin price support at $0.18” mean it can’t break?
A : No. It describes the current base; a decisive loss of $0.18 would invalidate that support.
Facts
Event
DOGE stabilizes after tariff-led selloff; whales reportedly sell ~$74MDate/Time
2025-10-18T14:00:00+05:00Entities
Dogecoin (DOGE); United States; China; CoinDesk (market data)Figures
$0.176 low; $0.18–$0.19 range; ~$74M large-holder sales; peak ~1.4B volume (units: DOGE) CoinDeskQuotes
“Tariffs up to 100% on Chinese imports” policy threat referenced by U.S. administration reporting. ReutersSources
CoinDesk market report; Reuters trade-talks preview. CoinDesk+1