{"id":53500,"date":"2025-11-06T13:13:37","date_gmt":"2025-11-06T06:13:37","guid":{"rendered":"https:\/\/hbbgroup.net\/doge-holds-0-16-support-as-profit-taking-caps-breakout-attempt\/"},"modified":"2025-11-06T13:13:37","modified_gmt":"2025-11-06T06:13:37","slug":"doge-holds-0-16-support-as-profit-taking-caps-breakout-attempt","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/vi\/doge-holds-0-16-support-as-profit-taking-caps-breakout-attempt\/","title":{"rendered":"DOGE Holds $0.16 Support as Profit-Taking Caps Breakout Attempt"},"content":{"rendered":"<div data-module-name=\"article-header\" data-module-version=\"1.0.0\" data-module-instance=\"default\">\n<h2>The token defended its ascending channel structure despite distribution pressure at the upper boundary, keeping short-term bias neutral-to-bullish above $0.16.<\/h2>\n<p><span>Updated Nov 6, 2025, 5:25\u202fa.m. <\/span><span>Published Nov 6, 2025, 5:25\u202fa.m. <\/span><\/p>\n<\/div>\n<div data-module-name=\"article-body\" data-module-version=\"1.0.0\" data-module-instance=\"default\">\n<p>Dogecoin edged 0.5% lower to $0.1657 in Wednesday\u2019s session as institutional flows rotated near resistance following a 104% volume spike above daily averages. The token defended its ascending channel structure despite distribution pressure at the upper boundary, keeping short-term bias neutral-to-bullish above $0.16.<\/p>\n<h2>News Background<\/h2>\n<ul>\n<li>Institutional positioning continued to define DOGE\u2019s intraday structure. Large-cap holders accumulated near $0.1620 early in the week, then trimmed exposure as bids thinned near $0.1670. <\/li>\n<li>The Tuesday breakout attempt on 774M volume marked the session\u2019s pivot \u2014 confirming that smart-money participation, not retail noise, drove the move.<\/li>\n<li>Broader sentiment across the meme-coin complex remained muted, though derivative open interest in DOGE futures climbed modestly on Binance and Bybit, hinting at speculative hedging rather than outright risk-taking. <\/li>\n<li>Analysts said the pair\u2019s resilience above $0.16 reflected disciplined profit rotation rather than trend exhaustion.<\/li>\n<\/ul>\n<h2>Price Action Summary<\/h2>\n<p>\u2022 DOGE advanced from $0.1646 to $0.1665 before mild pullback to $0.1657<br \/>\u2022 Support held at $0.1617\u2013$0.1620 across four consecutive hourly tests<br \/>\u2022 Volume concentrated at $0.1665 highs (8.9M during 02:10\u201302:11) showing institutional distribution<br \/>\u2022 Channel structure remains constructive with higher lows, suggesting potential for renewed breakout attempts above $0.16.<\/p>\n<h2>Technical Analysis<\/h2>\n<p>\u2022 Trend: Sideways-to-bullish within ascending channel<br \/>\u2022 Support: $0.1620 primary; $0.1617 secondary buffer<br \/>\u2022 Resistance: $0.1665\u2013$0.1670 zone repeatedly rejected on high volume<br \/>\u2022 Volume: 774M turnover (+104% vs SMA) confirms institutional participation<br \/>\u2022 Structure: Channel intact, volatility 4.2% \u2014 compression phase preceding next directional move.<\/p>\n<h2>What Traders Are Watching<\/h2>\n<p>\u2022 Ability of bulls to defend $0.1620 on declining volume \u2014 key for structure integrity<br \/>\u2022 Breakout confirmation above $0.1670 for continuation toward $0.17\u2013$0.175<br \/>\u2022 Any intraday closes below $0.1615 signaling structural failure and downside expansion<br \/>\u2022 Cross-asset flow from BTC or SOL rotations as broader market gauges appetite for risk<\/p>\n<\/div>\n<div data-module-name=\"promotional-article\" data-module-version=\"1.0.0\" data-module-instance=\"default\">\n<p>More For You<\/p>\n<div>\n<div>\n<p>Inside Zcash: Encrypted Money at Planetary Scale <\/p>\n<\/div>\n<div>\n<figure><img loading=\"lazy\" alt=\"Zcash 169 Title Image\" width=\"1920\" height=\"1080\" decoding=\"async\" data-nimg=\"1\" src=\"http:\/\/www.coindesk.com\/_next\/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2Fs3y3vcno%2Fproduction%2F51db298137572e5c54cea0a0d84e62a1bab84f1e-1920x1080.png%3Fauto%3Dformat&#038;w=3840&#038;q=75\"><\/figure>\n<p>A deep dive into Zcash&#8217;s zero-knowledge architecture, shielded transaction growth, and its path to becoming encrypted Bitcoin at scale.<\/p>\n<div>\n<p>What to know: <\/p>\n<div>\n<p>In 2025, Zcash evolved from niche privacy tech into a functioning encrypted-money network:<\/p>\n<ul>\n<li><strong>Shielded adoption surged<\/strong>, with 20\u201325% of circulating ZEC now held in encrypted addresses and 30% of transactions involving the shielded pool.<\/li>\n<li><strong>The Zashi wallet<\/strong> made shielded transfers the default, pushing privacy from optional to standard practice.<\/li>\n<li><strong>Project Tachyon<\/strong>, led by Sean Bowe, aims to boost throughput to thousands of private transactions per second.<\/li>\n<li><strong>Zcash surpassed Monero<\/strong> in market share, becoming the largest privacy-focused cryptocurrency by capitalization.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.coindesk.com\/research\/inside-zcash-encrypted-money-at-planetary-scale\">View Full Report<svg width=\"21\" height=\"21\" viewbox=\"0 0 21 21\" fill=\"none\"><mask id=\"mask0_2473_9121\" style=\"mask-type:alpha\" maskunits=\"userSpaceOnUse\" x=\"0\" y=\"0\" width=\"21\" height=\"21\"><rect x=\"0.5\" y=\"0.500366\" width=\"20\" height=\"20\" fill=\"#D9D9D9\" \/><\/mask><g mask=\"url(#mask0_2473_9121)\"><path d=\"M12.0385 15.2119L11.1602 14.3081L14.3429 11.1254H4.25V9.8754H14.3429L11.1602 6.69269L12.0385 5.78894L16.75 10.5004L12.0385 15.2119Z\" fill=\"#262626\" \/><\/g><\/svg><\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<div data-module-name=\"read-next\" data-module-version=\"1.0.0\" data-module-instance=\"default\">\n<p>More For You<\/p>\n<div>\n<p>XRP Gains 5% After RLUSD Mastercard Pilot, Technical Breakout Targets $2.50<\/p>\n<figure><img loading=\"lazy\" alt=\"(CoinDesk Data)\" width=\"1920\" height=\"1080\" decoding=\"async\" data-nimg=\"1\" src=\"http:\/\/www.coindesk.com\/_next\/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2Fs3y3vcno%2Fproduction%2F8df7edffe805bba46640d8bc03957bb427d401eb-1196x728.png%3Fauto%3Dformat&#038;w=3840&#038;q=75\"><\/figure>\n<p>The move marked the token\u2019s strongest daily gain in a week and outperformance against a declining broader market, with traders now eyeing a clean push toward $2.50.<\/p>\n<div>\n<p>What to know: <\/p>\n<div>\n<ul>\n<li>XRP surged 4.9% to $2.35, breaking key resistance on increased institutional volume.<\/li>\n<li>Ripple, Mastercard, and others launched a stablecoin settlement pilot using RLUSD on the XRP Ledger.<\/li>\n<li>Traders view the pilot as a validation of Ripple&#8217;s infrastructure beyond cross-border remittances.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.coindesk.com\/markets\/2025\/11\/06\/xrp-gains-5-after-rlusd-pilot-technical-breakout-targets-usd2-50\">Read full story<svg width=\"21\" height=\"21\" viewbox=\"0 0 21 21\" fill=\"none\"><mask id=\"mask0_2473_9121\" style=\"mask-type:alpha\" maskunits=\"userSpaceOnUse\" x=\"0\" y=\"0\" width=\"21\" height=\"21\"><rect x=\"0.5\" y=\"0.500366\" width=\"20\" height=\"20\" fill=\"#D9D9D9\" \/><\/mask><g mask=\"url(#mask0_2473_9121)\"><path d=\"M12.0385 15.2119L11.1602 14.3081L14.3429 11.1254H4.25V9.8754H14.3429L11.1602 6.69269L12.0385 5.78894L16.75 10.5004L12.0385 15.2119Z\" fill=\"#262626\" \/><\/g><\/svg><\/a><\/p>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The token defended its ascending channel structure despite distribution pressure at the upper boundary, keeping short-term bias neutral-to-bullish above $0.16. [&hellip;]<\/p>","protected":false},"author":5,"featured_media":53501,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[220],"tags":[],"class_list":["post-53500","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tien-dien-tu"],"acf":[],"_links":{"self":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/53500","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/comments?post=53500"}],"version-history":[{"count":0,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/53500\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media\/53501"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media?parent=53500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/categories?post=53500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/tags?post=53500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}