Dogecoin to Erase Zero? Deep Holder Losses Paint Scenario for Short-Term Price
Photo: U.Today
Dogecoin (DOGE) price in focus as deep holder losses spark hopes for a near-term recovery . Dogecoin (DOGE) 365-day MVRV is near 0.74 (average loss for recent holders), according to Santiment . MVRV helps to show if recent buyers are sitting on excessive profits or painful losses. High MVRV can be a warning that profit-taking risk is building up, while low MVRV can signal areas where selling pressure is closer to exhaustion. Traders can use those extremes to judge risk and crowd positioning rather than relying on price alone.
Source: U.Today
