MarketsShare this articleBy Shaurya MalwaUpdated Nov 5, 2025, 3:29 a.m. Published Nov 5, 2025, 3:29 a.m.(CoinDesk Data)What to know:Dogecoin fell 5% to $0.16, breaking critical support levels amid heavy institutional selling.Dogecoin tumbled through major support zones on Tuesday, with heavy whale distribution and surging volume confirming institutional-led selling pressure as traders struggled to defend the $0.16 handle.News BackgroundDOGE fell 5% to $0.16, breaking below critical support after an early-session failure to hold the $0.18 psychological level.The token traded within a volatile $0.0185 range, with selling pressure intensifying throughout the day.The steepest declines hit at 20:00 GMT, when trading volume spiked to 2.05 billion tokens — 94% above the daily average — as price sliced through the $0.1590 floor. The move reflected broad institutional distribution, corroborated by on-chain data showing $440 million in DOGE outflows from large-holder wallets.DOGE reached a session low of $0.1528 before stabilizing near $0.1550, where dip-buying emerged. Recovery attempts were capped at $0.1700, confirming resistance near prior support zones.Price Action SummaryA sharp V-shaped rebound appeared on short-term charts following the breakdown.However, the bounce failed to sustain momentum, with price consolidating below $0.1620 as overhead resistance from the breakdown level held firm.The late-session stabilization indicated temporary exhaustion among sellers but did not yet signal trend reversal.Volume skew remained bearish, with selling activity still dominating aggregate flow data across major exchanges.Technical AnalysisDOGE continues to trade in a lower-highs, lower-lows formation, maintaining clear bearish momentum within a broader descending structure.The brief oversold rebound remains corrective rather than directional, with the overall pattern resembling a classic breakdown–pause sequence typical of distribution cycles.Momentum oscillators remain negative across hourly timeframes, while the daily RSI has yet to recover from sub-40 levels.Traders note that structural improvement would require sustained closes above $0.1650, invalidating the existing descending pattern.What Traders Should KnowTraders are closely watching the $0.1550–$0.1555 area, which continues to act as short-term support.A breakdown below this zone would expose $0.1520–$0.1500, where deeper liquidity pools exist from prior accumulation phases.Conversely, recovery above $0.1630–$0.1650 is necessary to challenge the broken $0.1590 resistance and signal potential short-term relief.For now, intraday action suggests ongoing distribution with limited momentum for sustainable upside follow-through.More For YouInside Zcash: Encrypted Money at Planetary ScaleBy CoinDesk ResearchNov 3, 2025Commissioned byGen ZcashA deep dive into Zcash's zero-knowledge architecture, shielded transaction growth, and its path to becoming encrypted Bitcoin at scale.What to know:In 2025, Zcash evolved from niche privacy tech into a functioning encrypted-money network:Shielded adoption surged, with 20–25% of circulating ZEC now held in encrypted addresses and 30% of transactions involving the shielded pool.The Zashi wallet made shielded transfers the default, pushing privacy from optional to standard practice.Project Tachyon, led by Sean Bowe, aims to boost throughput to thousands of private transactions per second.Zcash surpassed Monero in market share, becoming the largest privacy-focused cryptocurrency by capitalization.View Full ReportMore For YouXRP Slides 6% as Bearish Bitcoin Sentiment Weighs Down Ripple-Linked TokenBy Shaurya Malwa, CD Analytics21 minutes agoTraders are monitoring the $2.08 support level to prevent further declines toward $2.00.What to know:XRP fell 6.4% to $2.20 amid heavy institutional selling, breaking key support levels.Trading volume surged 126% above average, indicating institutional participation in the selloff.Traders are monitoring the $2.08 support level to prevent further declines toward $2.00.Read full storyLatest Crypto News Animoca Brands' Public Market Ambition Aims at Providing Crypto Access to 'Billions'2 minutes agoXRP Slides 6% as Bearish Bitcoin Sentiment Weighs Down Ripple-Linked Token21 minutes agoBitcoin Bounces Near $100K, ETH, SOL, XRP Drop 6-10% as Bulls See $1.6B Liquidations56 minutes agoEther's 20% Freefall Triggers $1B Liquidation Cascade as Crypto Losses Accelerate4 hours agoRipple's Stablecoin Hits $1B Milestone; Company President Discusses M&A Strategy to Fuel Growth7 hours agoXRP Ledger’s Dual Utility Could Make It a Breakout ETF Play, Experts Argue7 hours agoTop StoriesBitcoin Bounces Near $100K, ETH, SOL, XRP Drop 6-10% as Bulls See $1.6B Liquidations56 minutes agoRipple's Stablecoin Hits $1B Milestone; Company President Discusses M&A Strategy to Fuel Growth7 hours agoAppeals Court Seems Unmoved by Sam Bankman-Fried’s Claims of an Unfair Trial8 hours agoXRP Ledger’s Dual Utility Could Make It a Breakout ETF Play, Experts Argue7 hours agoCoinbase Faces Flak from Traditional Bankers on Its Push for Trust Bank Charter8 hours agoBitcoin Treasury Firm Bubble Comes Full Circle as Sequans Unloads BTC to Cut Debt11 hours ago