Dogecoin Logs Three Higher Daily Lows After Dip Below $0.075

Dogecoin (DOGE) posted three consecutive higher daily lows through Oct. 27 after falling below $0.075, while its Oct. 27 close remained below $0.08 ahead of a Federal Open Market Committee (FOMC) rate decision.

DOGE recorded a low of $0.074800 and a close of $0.075700 on Oct. 24. Its daily lows then rose to $0.075520 on Oct. 25, $0.075990 on Oct. 26 and $0.076670 on Oct. 27.

The Oct. 27 entry reached a high of $0.078400 and closed at $0.078170. That close was about 1.3% below the Oct. 22 close of $0.079220 in the same listed series. The sequence marks a rebound from the Oct. 24 low but does not establish a lasting bottom.

An earlier comparison of October DOGE forecast measures examined projections that used different price measures.

The committee’s Oct. 27–28 meeting ends Wednesday. Its policy statement is set for 2 p.m. ET, followed by a press conference at 2:30 p.m. ET. At its Sept. 16 meeting, the committee raised its federal funds target range by 0.25 percentage point to 3.75% to 4%.