CandleFocus Dogecoin (DOGE) Struggles to Rally Past $0.40 as Long-Term Holders Exit
2024-11-19
Author: Content Editor
Dogecoin (DOGE) experienced a surge in price to a three-year high of $0.43 but has since retreated to $0.38 with a 3% daily increase. On-chain data indicates that the spike has encouraged long-term holders to take profits, which could result in DOGE losing its recent gains. The Mean Coin Age has declined by 1% over the past week, indicating that coins held for a long time are being moved or traded more frequently. The market value to realized value (MVRV) ratio suggests that DOGE is overvalued, potentially motivating holders to sell for profit. If selling pressure increases, the price of DOGE could drop below its support at $0.31 and potentially reach $0.21. However, if market sentiment improves and LTHs hold their positions, increased demand could push DOGE past $0.47 and towards $0.50.
Related News
El Salvador Is Getting Its First Tokenized U.S. Treasuries Offering Bitcoin Effect on Japanese Investment Firm Metaplanet Shares! Here Are the Details Stablecoin Issuer Paxos to Buy Finland's Membrane Finance to Gain EU Access Instadapp’s Fluid DEX Takes on Uniswap in DeFi Will Cardano Price Hit $1 Before 2024 Ends? Bitcoin (BTC) Price Prediction for November 19 Is $1 DOGE Possible? Top Trader Issues Bull Signal for Dogecoin Can Pepe Coin Price Quadruple as Volume Hits 8 Month High? Peter Schiff Questions Michael Saylor's Bitcoin Digital Energy Claims MicroStrategy's Saylor Welcomes Red-Hot Japanese Company to Bitcoin Standard Here Is Why BONK Price Is Ready For New Highs Grayscale Files Updated Prospectus for Bitcoin Covered Call ETF Following Options Approval Polymarket survives post-election drop-off though volume drops 60% io.net and Zero1 Labs Partner to Advance Decentralized AI Development Robinhood Reveals $300M Acquisition Deal, HOOD Stock Gains Laptop Used to Trace Bitcoin Stolen From Bitfinex Headed to Smithsonian Dogecoin (DOGE) Struggles to Rally Past $0.40 as Long-Term Holders Exit Ozean and Nexade Partner to Transform SME Financing with Blockchain Technology Shiba Inu price prepares a big move as burn rate surges 940% Dogecoin on track for a 100% rally to $0.82, analysts predict XRP Price Prediction for November 19 Bitcoin Price Analysis: Consolidation Nears its End as BTC Prepares for New All-Time High Shiba Inu Coin Lead Slams Litecoin As It Changes Identity To Meme Coin 55 Trillion Shiba Inu (SHIB) to Be Activated BitMEX Founder Arthur Hayes Named a New Altcoin, Price Increased Hugely! Toncoin Price To Reach $12? Reputed Silver-Tongued Analyst Reveals Next Bitcoin (BTC) ATH Target Between $96,000 and $98,000 Analyst Says Really Nice Cardano Structure to Push ADA to $0.90 This Time is Different for Bitcoin, Samson Mow Maintains Crypto price update: Chainlink, Arweave, Cosmos Ethereum Eyes $3700 Target Amid Smart Money Influx $1 for XRP Could Be Gone in Days If This Continues Digital identity will be web3’s eureka use case | Opinion Buy before it soars: Key levels to watch as Solana (SOL) targets new highs Pundit Says Something Big Is Coming for XRP Softwar author Jason Lowery applies for White House role advising on Bitcoin national security CyVers and Station70 Team Up for Transaction Security Solution Launch Stellar Price Prediction As Pro Sees XLM Soaring 30% After Binance's Costly Lesson, Do Rival Crypto Exchanges Risk Running Afoul of U.S. Rules? 3 Understated Signs Suggest Cardano (ADA) Price Risks Falling Below $0.70 All bitcoin models destroyed: Stock-to-Flow, Power Law, Rainbow Squirrel Overpowers GOAT: PNUT’s Price Rally Eclipses Goatseus Maximus’ Demand Is It Altcoin Season? Here’s Why ETH Price Surge Is Crucial Cryptoverse: 'Elation' as bitcoin basks in Trump glow Binance Issues Important Alert to Crypto Community, Here's Why Terra Classic Price Eyes 170% Surge Following Massive LUNC Burn Google Search for Memecoin At ATH: DOGS Price to Rocket ? Crypto Valley Exchange to Go Live in January With Cheap On-Chain Futures and Options Trading Analysis Company Announces Bitcoin Forecast, Gives Good News of Rally for Altcoins! Bitcoin Liquidation Alert: $540 Million Longs vs. $1.6 Billion Shorts at Risk Bitcoin Mining Economics Improved in the First Half of November: JPMorgan MARA Holdings Upsizes Convertible Notes Offering by $150M Amid Overwhelming Investor Demand Shiba Inu Fluctuates In A Range And Finds Support Above $0.00002300 Bitcoin Exchange Binance Announced Listing of 8 Altcoin Trading Pairs, One of Which is TRY Pair! Ethereum Core ETP gains staking rewards with 21Shares update Over 29,900 Wallets Exit Cardano After 108% Price Surge: What History Suggests for ADA Price Dogecoin Price surges After Elon Musk’s New Tweet Ripple Buys Sustainable Aviation Fuel Certifications to Minimize Carbon Intensity Shibarium Close to Major Block Milestone Global Blockchain Show Podcast: Yat Siu on Animoca & NFT Boom All eyes on $1.46 after Tezos (XTZ) hits 8-month high following Everstake staking Notcoin Launches Massive Pixel Battle Tournament on Telegram Massive TVL on BNB Chain: $SOLV, $LISTA, $COW Make To This Week’s Top 10 Shiba Inu Lead Calls Top Exchange New Move for SHIB Very Interesting Crypto trader turns $1.9K into $3.6 million in just 2 hours AKT Breaks $4 Mark: Can Akash Network Hit New 52-Week High? Top TGEs to Watch This Week: Bitfinity, Zyfi, MicroGPT & More FBI investigates crypto romance scammers that swindled $5m Bitcoin’s Price Choppy at $91K, PEPE Dumps by 7% Daily (Market Watch) World's Popularity Soars in Argentina: Over 2.2 Million Registered Users South Korea’s Crypto Tax Decision Postponed, Uncertainty Looms PEPE, PNUT, and PONKE: The Memecoin Trifecta Taking Over Will Solana Price Rally 810% As Tether Mints $2B? Floki Announces Huge Marketing Campaign in India Ahead Coinbase Listing Theta Price Soars 71%, Eyes $2.53 as Bullish Momentum Builds Tezos (XTZ) Rally Threatened by $2.22 Million Exchange Inflows Ethereum (ETH) Faces Consolidation After Reaching $3.4K Wallet Activity: Why Fewer ADA, DOGE Holders Could Be Bullish Veteran Analyst Peter Brandt Says Solana Swing Can Push Prices to $274 Whale buying spree pushed Bitcoin to $92k; can it reach $100k before December? Strong XRP Critic Predicts Explosive XRP Push Once 2021 High of $1.96 Clears XRP targets $1.33 as a key resistance for a breakout to $3.84 Big Time Studios Launches OL Token on Open Loot CoinGecko denies fake screenshots alleging racist token listing AKT surges 35% on Binance perpetual listing HABR 150% Weekly Surge: Is Hedera Primed for the Next Big Breakout? IOTA Co-Founder Reveals Exciting Plans as TWIN Project Transforms Global Logistics with Demand from Governments SOL Looks Set to Outperform BTC as Solana-Based DEXs Register Record $41B in Trading Volume: Godbole Altcoins today: Cardano, Mantra set for upward continuation; Goatseus stalls Crypto Whales Cash Out After MANTRA (OM) 160% Price Increase Lead to New All-Time High $200 Million ETH in One Hour: Enormous Ethereum Comeback Shaquille O’Neal Settles Lawsuit Over Astrals NFTs in $11 Million Proposal Amid Ongoing Legal Scrutiny Cardano Founder and Ripple CTO Hint at Upcoming Partnership Crypto Exchange Gemini Starts Up in France With EU's MiCA Laws Weeks From Kicking In Elon Musk Tease 'Dogefather' Portrait, $DOGE Jumps 2.92% Goldman Sachs and XRP Partnership: World Economic Forum Member Spotlights Rumors Bithumb Adds Raydium and Ponke Tokens IOTA’s Biggest Upgrade Yet: Rebase to 50k+ TPS, MoveVM, and EVM Support Top Ripple Executive Steps Down Solana Open Interest Nears $5 Billion, but Price ATH Remains Elusive 10% Bitcoin Reserve Could Evoke Catastrophic Inflation Ethereum Remains Above $3,000 But Threatens To Fall Is Bitcoin Still Positioned for a Rise? Here are Analysts’ Opinions Fundstrat Exec Sees Bitcoin Comfortably Trading Above $100K This Year NEAR Targets $8.5, but Will THIS Level Stand in the Way? Ripple CEO, Deaton Criticize Bob Stebbins Candidacy for SEC Chair Position: Here’s Why Donald Trump’s focus on Bitcoin could threaten gold’s future Dogecoin Price Target of $4 is Not "Too Big" Says Expert Here’s How High Dogecoin Can Rise if BTC Hits $250K, ETH Claims $15K and XRP Reaches $5 SEI Climbs 60% to $0.65, But Liquidation Concerns Persist Why Is the Crypto Market Up Today? Bitcoin Exchange OKX Announces Listing of a New Memecoin on Futures! Ethereum's Ether Has Fallen Out of Investor Favor and How Why US spot Bitcoin options launch is such a big deal Avalanche Bounces Back But Remains At $34 Bitcoin Spot ETF Inflows Reach $255M As Ethereum Sees Outflow Whale Accumulation Surges: Can $2000 MKR Price’s Next Stop? “Unconscionable”: Ripple CEO Slams Top Candidate to Replace Gensler Algorand price prediction: rare pattern points to more ALGO gains Solana (SOL) Could Soon Rally Past $250—Are Bulls in Control? California Court Rules Lido DAO Members Can Be Held Liable Under Partnership Laws Tether mints an additional $1 Billion USDT on the Ethereum network Bitcoin at $100K No Longer a Dream Believe Traders, but Blow-Off Top Warning in Near Term Solana Prices Reach 3-Year High Near $250 As Sentiment Fuels Gains Latam Insights Encore: Milei's Call for Crypto Independence Highlights the Problems of State Adoption Decentralized AI Project Morpheus Goes Live on Mainnet ai16z token rockets 50% after nod from top venture firm VeChain rises 27% in 7 days: Is VET ready for a double breakout? Top Crypto Performers of the Week: Remarkable Gains in the Market Ethereum Price Readies for a Fresh Climb: Will Momentum Build? Virtune XRP ETP Outperforms Bitcoin Dogecoin Large Transactions Surge 41% With 35% Uptick In Daily Addresses, Will Price Follow? Solana, TRON, and NEAR Ranked Top 3 Blockchains with Fastest TPS: Phoenix Group The Case for Crypto-Specific Regulation: Why Traditional Authorities Can’t Keep Up Bitcoin Price Gears Up for New ATH: Will Bulls Push Through? Cardano price prediction: ADA is primed for a 77% surge Socios Launches Web3 Non-Custodial Wallet for Chiliz Chain XRP Price Holds Strong, Aiming for More Upside Moves Bakkt shares surge 162% after report suggests Trump Media is buying it Bitcoin Eyes $100K: BCA Research Predicts Record Surge Bitwise Bitcoin ETF(BITB) Options Trading Start on Wednesday SEC News : Brian Brooks Could Be the Next Chair Under Trump! XRP ETF: Pro-XRP Lawyer Provides Timeline For US SEC Approval Why is Bitcoin Price Up Today? Ripple News: Will XRP ETFs Debut After Gensler’s Resignation? Pro-XRP Lawyer Gives Timeline Bitcoin and Ethereum ETFs Add Billions, Breaking Record for Crypto Products Casper Network ($CSPR) Leads Crypto Market with 86.3% Surge Bull Run 2024: Key Altcoins to Watch This Week – Cronos, Toncoin, and NEAR Protocol Why $100,000 Bitcoin Is Right Around The Corner BIT Mining to pay $10M fine for bribing Japanese politicians in former life Genius Group kicks off Bitcoin treasury play with $10M in BTC Analyst Predicts Rallies to New All-Time Highs for Ethereum and Solana, Calls One Memecoin the ‘Outperformer’ $ROSE, $MANTA, $ADA, and More Set to Make Waves: Top 9 Major Token Unlocks to Watch XRP Mania On The Rise: ATH Predictions Backed By Solid Google Search Interest Cryptocurrencies Poised for $5 Billion Market Cap by Year-End Reaching New Heights: XRP Journey to $2 Begins, Ethereum (ETH) Golden Cross Potential Arises, Cardano (ADA) 2x: Is It Still Undervalued? 5 Uniswap Alternatives That Could Outperform in the DeFi Space Trump's Pro-Crypto Picks, Here's Who's Holding Bitcoin Crypto Whales Invest $65 Million in Polygon (POL) Amid 12% Price Surge Bitcoin surpasses Silver's market cap, establishing itself as mainstream financial asset Cardano’s Chart Shows Bullish Patterns: Could a 30% Breakout Rally Be on the Horizon? Magic Eden Traders Set to Receive $312 Million Worth of ME Tokens in Airdrop DeFinity Markets Adds Chainalysis KYT for Compliance and Risk Management GOAT Price Momentum Slows After Reaching $1 Billion Market Cap Whales Jump on Dogecoin (DOGE), Bull Run Incoming? Bitcoin could see another parabolic run following rising institutional interest Institutional Crypto Products See $2,200,000,000 in Weekly Flows Setting Year-to-Date Record: CoinShares Binance clarifies 'rewards-bearing' BFUSD asset is not a stablecoin, hasn't launched XRP Price Back above $1: Is it time for XRP to hit $10? XRP Price Is Ready Parabolic Rally, Veteran Trader Peter Brandt Says Cryptocurrencies Poised for Explosive Growth This Month Cryptocurrency Investment Products See Record $33.5 Billion Year-to-Date Inflows Vitalik Buterin Praises Starknet’s Efforts to Boost Ethereum Scaling Solutions Bitcoin in Extreme Greed: Time to take Profits or Not? California Judge Puts the Kibosh on Kraken’s Interlocutory Appeal Attempt ai16z partners with Ryze Labs to launch AICombinator with $5M fund Wall Street giants are loading up on MicroStrategy shares, as MSTR outperforms bitcoin year-to-date