Dogecoin price dropped sharply over the past several days, triggering concern across the market. Dogecoin holders accumulated as price fell 16%, signaling confidence during short-term market weakness. The meme coin fell 16% in four days, briefly breaking key psychological levels. During the last 24 hours, DOGE briefly dropped to $0.094 at the intraday low.
The price followed a four-day slide that erased 16% of value. Dip buying helped contain the decline. Dogecoin price holding $0.100 support keeps recovery intact, while loss risks extend toward $0.094. Such accumulation often reflects confidence among informed participants.
Instead of exiting positions, holders increased exposure at lower prices. This response reduced downside momentum and helped stabilize the price. The pattern aligns with prior DOGE corrections that later produced recoveries. Macro indicators further support the accumulation thesis.
The Market Value to Realized Value ratio has entered the opportunity zone. DOGE’s MVRV now sits between -17% and -25%. This range signals unrealized losses across the network. Historically, Dogecoin rebounds as MVRV moves into this zone.
Loss saturation limits further selling as holders avoid locking in drawdowns. Accumulation typically increases during these phases. Past recoveries followed similar setups once selling pressure faded. Dogecoin is trading near $0.105 at the time of writing.
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