Dogecoin's Downturn Concludes with Microsoft's Inclusion of Cryptocurrency in Payment Methods

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Oct 12 2025

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Dogecoin Price Decline: Dogecoin experienced a rapid 22% decline due to a bear flag breakdown, with its price dropping to around $0.11, reflecting a loss of short-term momentum and increased trading volume.
Microsoft Accepts Dogecoin: Microsoft has begun accepting Dogecoin as a payment method for selected digital services, marking a significant step towards broader cryptocurrency adoption in mainstream business and potentially enhancing user engagement among younger audiences.
Potential for Price Rebound: Traders are optimistic about a possible rebound for Dogecoin, as it has completed a two-dip pattern on the monthly chart, historically indicating a strong upward rally following such formations.
Market Monitoring: Analysts are closely watching Dogecoin's price movements to see if it stabilizes or tests lower support levels below $0.12 in the coming days, as the market responds cautiously to recent developments.

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Technical Analysis for DOGE

Technical Sentiment Analysis for Dogecoin (DOGE). As of , Dogecoin (DOGE) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 1 indicators are flashing buy, while 2 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for DOGE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, DOGE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Dogecoin (DOGE) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.0777	0.0829	0.0877	0.0928	0.0976	0.103	0.108
Fibonacci	0.0829	0.0867	0.089	0.0928	0.0966	0.099	0.103

About DOGE

Dogecoin (DOGE) is based on the popular 'doge' Internet meme and features a Shiba Inu on its logo. The open-source digital currency was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia, and was forked from Litecoin in December 2013. Dogecoin's creators envisaged it as a fun, light-hearted cryptocurrency that would have greater appeal beyond the core Bitcoin audience, since it was based on a dog meme. Tesla CEO Elon Musk posted several tweets on social media that Dogecoin is his favorite coin.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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