Warning Signs for Dogecoin: Analyst Predicts 40 Percent Drop
Crypto analyst Ali Martinez has raised alarms for Dogecoin (DOGE) holders. He highlighted a concerning technical setup that could lead to a significant price decrease. The indicator known as the Market Value to Realized Value (MVRV) ratio has recently formed a death cross with its 200-day moving average. This historical pattern often signifies impending declines. Dogecoin investors should approach with caution.