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Dogecoin Crash Signal Flashes: Analyst Warns Of A Potential 40% Drop

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Dogecoin Crash Signal Flashes: Analyst Warns Of A Potential 40% Drop - NewsBTC

Quick Summary:

Dogecoin MVRV Death Cross Warning Martinez’s chart, sourced from Santiment, plots three key data points: DOGE/USD Price (black line), DOGE’s MVRV Ratio (orange line) and DOGE’s 200-day MVRV Ratio MA (red line).

A "death cross” in this context appears when the short-term MVRV ratio (orange line) moves beneath the 200-day MVRV ratio MA (red line), often signaling a potential shift in sentiment or impending sell pressure.

According to Martinez, the Market Value to Realized Value (MVRV) ratio for DOGE just formed a "death cross” with its own 200-day moving average (MA)—an event that previously correlated with major price declines.

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Article Details

Author / Journalist: Jake Simmons

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-17 @ 08:30:40 (4 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 478 words

Reading Time: 3 minutes read

Sentences: 73 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 26218114

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 7 posts per day

Year Established: 2013

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News Last Updated: 9 hours ago

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Publisher ID: #102

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