The article highlights that Dogecoin (DOGE) has experienced a death cross as its MVRV Ratio fell below its 200-day moving average. This pattern has historically led to price declines of 26% and 44% in the past. The MVRV Ratio measures whether an asset is overvalued or undervalued, and when it falls below the moving average, it suggests increased selling pressure. The article also mentions that Bollinger Bands indicate further downside risk for DOGE, with a potential 20% decline. The overall market conditions and the potential approval of a Dogecoin ETF are also factors to consider in the cryptocurrency's future performance.



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