As of May 8, 2026, the price of Dogecoin (DOGE) is under pressure, moving around Rp1,850 - Rp1,867 per coin, reflecting daily declines or weakening short-term sentiment. The market is monitoring the potential breakout from the key resistance level, with mixed market sentiment and short-term bearish activity.

Here are the key points of the Dogecoin news:
Current Price Movement: Dogecoin turned bearish on May 8, 2026, performing lower amid consolidation of other meme coins. The price briefly fell below US$0.11 (around Rp1,800).
Technical Analysis: The continuation of Dogecoin's trend heavily depends on its ability to break through important resistance levels. Some previous analyses had targeted potential gains if a breakout occurs, but conditions on May 7-8 show a decline.
Whale Activity (Large Investors): Although there was a downward movement, it was previously reported that whales (large investors) accumulated, indicating long-term confidence for some parties.
Sentiment & Support: Dogecoin is still influenced by overall crypto market volatility and community support.
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