Dogecoin Price Drops to $0.12 on Coinbase Amid Market Sell-Off

Monday, Jan 19, 2026 10:56 am ET1min read
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Dogecoin (DOGE) fell 7% to $0.121 on Coinbase, but a market metric hints at hope. Volume rose amid the price drop, and liquidations reached $878 million, with long positions accounting for most of the losses. Despite the sell-off, Dogecoin's trading volume rose 227% to $1.99 billion, suggesting increased activity. The hourly RSI indicator has dropped below 30, hinting at oversold conditions and a potential relief rally in the short term.

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