Dogecoin is currently hovering close to a crucial support level, reflecting a sense of uncertainty in the market as the recent decision by the Federal Reserve to ease monetary policy has not succeeded in igniting a broader rally in risk assets. Investors are closely monitoring this situation, as a failure to break above significant resistance could lead to bearish sentiment and potential declines, while the continued presence of this key support may provide some stability in the price of Dogecoin amidst a lackluster response to the Fed's actions.
source: https://www.coindesk.com/markets/2025/12/12/dogecoin-hovers-near-key-support-as-fed-easing-fails-to-spark-risk-rally