Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Dogecoin Confirms Price Reversal, But Inches Closer To Accumulation Zone

Dogecoin Confirms Price Reversal, But Inches Closer To Accumulation Zone

BeInCryptoBeInCrypto2025/07/30 11:00
By:Aaryamann Shrivastava

Dogecoin is undergoing a short-term pullback, but key indicators suggest it may soon enter an accumulation zone. A price drop to $0.198 could lead to a recovery, signaling a new bullish phase.

Dogecoin (DOGE) has been facing a short-term decline, with prices dropping due to a saturation of bullish sentiment in the market. 

This retreat is seen by many investors as a natural pullback rather than the end of its momentum. Despite recent price reductions, DOGE is closer to a new beginning, with long-term prospects still looking promising.

Dogecoin Investors Could Accumulate Soon

The long-term Net Unrealized Profit/Loss (NUPL) indicator shows that Dogecoin holders (LTHs) have been more uncertain than during previous rallies. In the past, LTHs crossing the 0.5 NUPL threshold often triggered a price decline. However, this time, the NUPL crossed the threshold earlier than expected. 

The early shift suggests a rise in skepticism due to increasing prices, which may have triggered the selling pressure. This, however, could lead to a lower price, making DOGE more attractive for new buyers who believe in its future growth potential.

For token TA and market updates: Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter .

Dogecoin Confirms Price Reversal, But Inches Closer To Accumulation Zone image 0Dogecoin NUPL. Source: Glassnode

The 30-day Market Value to Realized Value (MVRV) ratio also signals a potential turning point for Dogecoin. This metric, which measures the profit or loss of DOGE bought in the past month, is currently showing a 2.4% loss. While this indicates that the recent buyers are at a loss, the drop could bring DOGE into the opportunity zone, when the MVRV ratio falls between -9% and -20%. 

This opportunity zone typically marks the point where accumulation starts, as prices are considered favorable for investors looking to enter at a lower price. The declining MVRV ratio, paired with the ongoing price drop, suggests that DOGE is nearing this zone. If DOGE enters this territory, it may spark renewed buying interest, which could lead to a strong recovery.

Dogecoin Confirms Price Reversal, But Inches Closer To Accumulation Zone image 1Dogecoin MVRV Ratio. Source:  Santiment

DOGE Price Is Holding On

Dogecoin’s price is currently at $0.220, holding just above the support level of $0.218. If selling continues, the price could break this support and move down to $0.198. A drop to this level would push DOGE into the accumulation zone, which could trigger a reversal and set the stage for a potential price increase.

If the price falls to $0.198, it would likely prompt further buying, especially from long-term investors who see the value at these levels. This move could set Dogecoin up for a recovery in the coming days, with a price bounce that could help it regain momentum.

Dogecoin Confirms Price Reversal, But Inches Closer To Accumulation Zone image 2DOGE Price Analysis. Source:  TradingView

Should selling pressure subside and the price begin to recover, Dogecoin could bounce off the $0.218 support and move toward $0.241. This bounce would invalidate the bearish thesis and potentially signal the beginning of a new upward trend for DOGE.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Shell Q2 earnings top forecasts even as profits slump year-over-year

Share link:In this post: Shell reported $4.26 billion in Q2 earnings, beating forecasts but down from last year’s $6.29 billion. The company announced a new $3.5 billion share buyback, continuing its 15-quarter streak. CEO Wael Sawan ruled out a U.S. listing and dismissed takeover rumors involving BP.

Cryptopolitan2025/07/31 13:50

UK watchdog targets Microsoft and Amazon over cloud market dominance

Share link:In this post: The UK’s CMA accused Microsoft and Amazon of harming competition in the cloud market. Both firms control 30–40% of the infrastructure-as-a-service space. The CMA cited unfair licensing and data exit fees that lock in customers.

Cryptopolitan2025/07/31 13:50

JSCEAL malware stealing credentials may have spread to 10 million+ users

Share link:In this post: The JSCEAL malware campaign reportedly mimics crypto platforms through malicious advertisements targeting users Check Point Research estimates 10 million people globally are exposed to the campaign’s attacks The compiled JavaScript malware steals crypto wallets and credentials through fake applications

Cryptopolitan2025/07/31 13:50
JSCEAL malware stealing credentials may have spread to 10 million+ users