Current Date:February 22, 2025

Green Light for Dogecoin: Despite the decline, these ‘metrics’ rejoiced!

The price of Dogecoin is fluctuating around $ 0.25 in recent years and cannot draw a significant direction. This uncertainty is also reflected in the futures market; Investors are not sure of Doga’s next move. However, long -term investors (LTH) continue to protect their assets, which can be an important metric that prevents the price falling.

Long -term investors support the price of Dogecoin

The average Coin Age (MCA) indicator reveals that long -term investors are holding their dors instead of selling their doge. This behavior is considered a positive sign in terms of price stability of Dogecoin.

The fact that long -term avoiding sales provides stability in the price, but also strengthens the likelihood of future recovery. Although short -term investors rapidly reactions market fluctuations, the attitude of long -term investors is a strong support point for Doge.

However, market data indicates a bear tendency

Dogecoin’s overall market momentum remains uncertain. In particular, the funding rates show that investors are undecided about direction by fluctuating between positive and negative regions.

  • Increased negative funding rates shows that short positions are more than long positions (decrease expectations) are more than long positions (rise expectations) and the expectation of decrease in the market increases.
  • This indicates that Doge may be exposed to further volatility and the risk of price decrease has increased.

The uncertainty in the price of Doge creates a risky environment, especially for short -term investors. Since there is no clear rise signal, the market is cautious.

Doge February 2025 Price Estimation: Which levels should be exceeded for rise?

Dogecoin is currently traded for $ 0.254 and has returned to the falling wedge formation. This formation usually indicates the possibility of a upward movement in the future.

Important levels in the short term in the price movements of Dogecoin are:

  • The support of Doge as a support of $ 0.268 may allow the price to rise to $ 0.311. If a strong ground is created at this level, the interest of both individual and institutional investors may increase and the price may enter a more powerful recovery process.
  • However, if $ 0.268 cannot be overcome, the probability of falling up to $ 0.220 will be strengthened for Dogecoin. In this case, the expectation of rise will be invalid and sales pressure may increase.

How Dogecoin will move in the coming days will depend on how investors will react at $ 0.268.

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