Key Takeaways
Dogecoin trades near $0.081 as charts converge, while whales accumulate over 240 million DOGE amid a weekly decline and MyDoge halts Doginals support.
According to BlockchainReporter, Dogecoin traded near $0.081 on September 17, 2026, holding in a compressed range where daily, hourly, and 15-minute charts converge. This technical standoff occurs as on-chain data shows whales accumulated over 240 million DOGE, worth nearly $20 million, over the past week despite a roughly 9% weekly decline. DOGE maintains a market capitalization of approximately $12.7 billion with a 24-hour trading volume of $718 million. Analysts monitor the daily 200-day EMA near $0.09 as a key resistance level for a potential bullish break, while support holds near $0.079 and $0.07. In wallet news, MyDoge suspended support for Doginals and DRC-20 tokens after its infrastructure provider, Maestro, shut down its Dogecoin API services. Standard DOGE holdings remain unaffected by this change. Furthermore, Dogecoin remains classified as a digital commodity under a joint SEC and CFTC framework established in March 2026, which supports institutional products like spot-exposure ETFs. The broader cryptocurrency market reflects risk-off caution following post-Fed conditions, keeping Dogecoin range-bound as traders await a clear directional catalyst.
Source & Fact-Check Note
This report is synthesized from coverage by BlockchainReporter. Information has been fact-checked and structured for market clarity by CoinQuickly’s research desk.
Read original article at BlockchainReporter ↗
