#热门话题 DOGEUSDT

Dogecoin (DOGE) is sideways, is it a good opportunity to buy the dips now?
For those quick-footed holders, hold on and get ready to embrace the soaring wealth!
Recently, the price of Dogecoin seems a bit tangled, with intense struggles between long and short. The signals given by the market are quite complex, and it seems that this currency may need to consolidate for a while.
Is it a good time to buy Dogecoin now? Different data give different answers. From the perspective of market capitalization and realized value (MVRV) ratio, it is quite appropriate to get started now. This ratio can reflect the gains and losses of investors. The 30-day MVRV of Dogecoin is -11%, implying that investors are generally losing money now, which is often a good time to accumulate.
Historical data also shows that when DOGE's MVRV is between -6% and -19%, the market often rebounds, so buying now may be quite cost-effective.
But another indicator, the Daily Active Addresses (DAA) divergence indicator, suggests a sell-off. This indicator looks at whether the price and trading activity are in line, and now both are decreasing. It feels like the market momentum is not right, and there may be a fall.
The current price of Dogecoin is approximately $0.13, which has fallen quite sharply recently. The price is expected to fluctuate between $0.15 and $0.12. These two price points have been tested by the market and are relatively reliable.
Overall, looking at the overall data, Dogecoin may need to consolidate for a period of time. If it breaks through $0.16 or falls below $0.11, that's another story. The former can allow investors to break even, while the latter will lead to even greater losses. So whether to buy now or not depends on individual judgment and risk preference.