Dogecoin Community Exploration

Discover the deeper value of dogecoin and the latest developments of dogecoin whales.

Dogecoin Faces Bearish Pressure After MVRV Death Cross Dogecoin Tests Critical $0.33 Support as MVRV Ratio Signals Potential Buying Opportunity Can Dogecoin Price Surpass $1? DOGE MVRV Reaches New Highs in 4 Years DOGE MVRV Hints Undervaluation as SHIB & PEPE Stay Bearish Dogecoin – How its MVRV may have saved its short-term price action Dogecoin, Cardano “Very Bullish” Based On MVRV: Santiment

Jan / 01
- Dogecoin Faces Bearish Pressure After MVRV Death Cross
  
  Jan 01, 1970 at 08:00 am Crypto News Land
  
  Dogecoin's current market trend indicates a potential bearish shift, as the MVRV ratio has recently fallen below its 200-day moving average. This "death cross" has historically been associated with price declines, with previous occurrences leading to drops of up to 44%. While it's too early to determine the exact magnitude of the current decline, the historical correlation suggests a potential correction for DOGE.
- Dogecoin Tests Critical $0.33 Support as MVRV Ratio Signals Potential Buying Opportunity
  
  Jan 01, 1970 at 08:00 am TheNewsCrypto
  
  Amidst a market downturn, Dogecoin has witnessed a 3.33% correction, retreating to support at $0.33030. Technical indicators present a confluence of weakness and potential bullish momentum, with a bearish EMA crossover but bullish divergence in the RSI and an oversold MVRV ratio suggesting possible accumulation opportunities.
- Can Dogecoin Price Surpass $1? DOGE MVRV Reaches New Highs in 4 Years
  
  Jan 01, 1970 at 08:00 am Thecoinrepublic.com
  
  Dogecoin's surging Market Value to Realized Value ratio, coupled with historical trends, indicates a potential for further price growth. The cryptocurrency's value could reach $1, supported by a bullish Gaussian Channel pattern, positive smart money sentiment, and a consolidation period at $0.22201.
- DOGE MVRV Hints Undervaluation as SHIB & PEPE Stay Bearish
  
  Jan 01, 1970 at 08:00 am CryptoTale
  
  Memecoins have demonstrated considerable price volatility driven by community hype. DOGE, SHIB, and PEPE have exhibited substantial fluctuations, leading investors to exercise caution. Market Value to Realized Value (MVRV) ratios and social metrics provide insights into potential future value trends. Dogecoin, a prominent memecoin, currently trades at $0.1002 with a 2.80% decline in the past 24 hours. Short-term undervaluation is indicated by a 30-day MVRV Ratio of 1.682%, while long-term sentiment remains neutral with a 365-day MVRV Ratio of -20.79%. Historically, high MVRV ratios have aligned with market peaks, suggesting caution during periods of rapid appreciation.
- Dogecoin – How its MVRV may have saved its short-term price action
  
  Jan 01, 1970 at 08:00 am AMBCrypto
  
  Dogecoin (DOGE) shows signs of recovery following a recent market decline. Its Market Value to Realized Value (MVRV) ratio has reversed its downward trend, indicating a potential rebound. Dogecoin's 30-MVRV has recovered to 13.6%, suggesting a shift in sentiment towards undervaluation. A modest price increase and recovery in the Relative Strength Index (RSI) further indicate a potential easing of downward price pressure.
- Dogecoin, Cardano “Very Bullish” Based On MVRV: Santiment
  
  Jan 01, 1970 at 08:00 am NewsBTC
  
  Sentient's analysis of Dogecoin (DOGE) and Cardano (ADA) revealed negative 30-day Market Value to Realized Value (MVRV) Ratios, indicating that short-term investors are in potential loss. However, these low MVRV Ratios have historically preceded short-term rallies. Despite a recent price decline for DOGE, both assets show signs of being undervalued and ripe for recovery.
- Dogecoin MVRV Ratio Turns Negative – Here’s What It Means For DOGE’s Price
  
  Jan 01, 1970 at 08:00 am Bitcoinist
  
  Dogecoin's MVRV ratio has dipped into negative territory, signaling that many holders are currently facing losses. Despite this, the negative MVRV ratio could present a significant buying opportunity for long-term investors as it indicates DOGE is trading at a discount relative to historical investment costs.
- Dogecoin’s MVRV Ratio Plunges, Reducing Volatility Amid Selling Pressure! Here’s The Next Level For DOGE Price
  
  Jan 01, 1970 at 08:00 am CoinPedia News
  
  Amid market fluctuations, Dogecoin (DOGE) has faced selling pressure, leading to a plunge in its Market Value to Realized Value (MVRV) ratio and declining volatility. The current chart formation echoes a pattern observed prior to DOGE's bull run in 2021, hinting at a potential price target of $10 in the future.

Oct / 09
- Dogecoin MVRV Inches to 1: DOGE's Price to Drop?
  
  Oct 09, 2023 at 03:40 pm TheBitTimes
  
  Dogecoin's MVRV ratio has been steadily rising, inching closer to 1 from a low of 0.73 in mid-June. This indicates that the market cap is surpassing the realized cap, potentially leading to a drop in Dogecoin's price. In 2023, Dogecoin's MVRV has exceeded 1 three times, twice in Q1 and once in Q2.