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Dogecoin Price Forecast: DOGE consolidates despite weakening institutional and retail demand
Dogecoin (DOGE) is trading marginally above its intraday open of $0.1403 at the time of writing on Friday. Support at $0.1321 has been holding steady since November 20, despite the risk-off sentiment across the cryptocurrency market. The Federal Reserve’s (Fed) decision to cut interest rates by 25 basis points on Wednesday was characterised by a sharp rise in volatility, as investors digested the hawkish outlook likely to set the tone in 2026. Inflation risks and a weak labor market stood out as factors that could prompt the central bank to pause its monetary easing cycle, an outlook that may continue to drive ... (full story)