Dogecoin News Today: Is DOGE Near a Turning Point as MVRV Enters the Opportunity Zone?

Dogecoin Trades Near $0.10 After 4 Weekly Drops as Bears Eye $0.059 and Buyers Accumulate
Dogecoin News Today: Is DOGE Near a Turning Point as MVRV Enters the Opportunity Zone?
Written By:
Kelvin Munene
Reviewed By:
Manisha Sharma
Published on

Dogecoin extended its slide on Monday and traded near $0.10 for a fourth straight weekly decline. The meme coin touched its lowest level since October 2025 during the latest sell-off. Broader crypto markets also faced selling pressure. Dogecoin drew extra focus after newly launched Dogecoin exchange-traded funds (ETFs) showed limited demand.

Dogecoin Price Signals Downside as Bearish Chart Pattern Forms

Dogecoin traded near $0.10 after falling from $0.4885 in November 2024. The move leads to a drop of more than 75% from this recent peak. The weekly chart shows a head-and-shoulders pattern, a structure traders often treat as bearish. 

Dogecoin price also fell below an ascending trendline that had supported previous moves, according to a TradingView chart. Several indicators reinforced the downside setup. The 50-week and 100-week exponential moving averages (EMAs) moved toward a crossover that traders call a ‘mini death cross.’ Dogecoin also remained below the Supertrend indicator and the Ichimoku Cloud. 

The Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) continued to weaken. The same technical view flagged $0.05900 as a potential target. This level aligns with the lowest price seen in August 2023.

Dogecoin ETFs See Minimal Inflows as Meme Coin Market Cap Shrinks

Grayscale, 21Shares, and Bitwise recently launched Dogecoin ETFs. The funds attracted little new money after launch. Combined net inflows totaled $6.4 million across the 3 products. Together, the ETFs held about $10 million in assets under management, with no new inflows reported during the past week.

The weak ETF demand came as meme tokens sold off broadly. Total meme coin market capitalization dropped from over $100 billion in 2025 to $37 billion.

Multiple pressures further pushed the wider crypto decline, including Kevin Warsh’s nomination as the next Federal Reserve Chair, and geopolitical tensions raised uncertainty.

Crypto assets did not act as safe havens during the volatility. This backdrop left meme coins exposed to risk-off positioning and reduced appetite for high-beta trades.

DOGE Holders Accumulate as MVRV Enters ‘Opportunity Zone’

On-chain data showed holders accumulated more DOGE during the decline. Exchange net position change rose as prices fell, according to Glassnode. The accumulation appeared during a four-day drop of about 16%. Buyers stepped in near the $0.10 area and helped stabilize price action around that level.

The Market Value to Realized Value (MVRV) ratio moved into an ‘opportunity zone.’ DOGE’s MVRV sat between -17% and -25%, reflecting unrealized losses across the network. The historical signal has often coincided with rebounds in Dogecoin

The signals indicate holders are easing loss-driven selling as accumulation picks up. Support and resistance now guide the short-term path. Dogecoin needs to stay above $0.100, while a breakout over $0.110 could lift momentum toward $0.117.

Leverage data also pointed to market stress. CoinGlass reported about $800 million in crypto liquidations over the past 24 hours, after earlier forced deleveraging was highlighted to be more than $2.5 billion.

Analysts highlighted a longer-term indicator as well. Crypto analyst Trader Tardigrade pointed to a low reading in the Price Momentum Oscillator (PMO) on the weekly chart that previously preceded large upside cycles, with suggested targets of $1.15 to $1.8 if another cycle develops.

Dogecoin remained technically weak, even as on-chain signals pointed to renewed dip buying. The next move may depend on $0.100 holding and whether the wider market stabilizes.

Also Read: Crypto Prices Today: Bitcoin Price at $76,282, XRP Drops Below $2 Amid CLARITY Act Uncertainty

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