Dogecoin MVRV drops to 0.74; $0.087–0.088 resistance stands in the way of $0.10
- —DOGE 365-day MVRV is 0.74; XRP sits at 0.92 and BTC, ETH and LINK cluster at 0.97–1.04
- —Resistance on the path to $0.10: 50-day MA at $0.088 and 200-day MA at $0.087
- —Dogecoin Labs takes over MyDoge, DogeOS and Search App; the foundation keeps ecosystem oversight
- —Bitwise plans to shut down its spot Dogecoin ETF
Why it matters: The low MVRV suggests sellers may be exhausted, but the DOGE ETF closure weakens a key source of new capital for the token.
Source: Digital Today