Dogecoin Momentum Cools After 29% Climb From $0.07 To $0.09

Cooling derivatives activity contrasts with Dogecoin holding near $0.09 after its late-August rally. (Image: Shutterstock)
Cooling derivatives activity contrasts with Dogecoin holding near $0.09 after its late-August rally. (Image: Shutterstock)

Dogecoin (DOGE) is holding near $0.09 after a late-August rally, even as futures participation weakens, seller pressure grows and large orders remain active.

Key Points:

  • Dogecoin remains around $0.09 after climbing from the $0.07 area in late August.
  • CryptoQuant data shows sellers gaining an edge while broader futures trading intensity declines.
  • Large orders are still appearing, but RSI and MACD signals show momentum is slowing.

Dogecoin Futures

Futures data shows a softer trading environment despite the price holding its recent gains. CryptoQuant’s Taker CVD, which tracks whether buyers or sellers dominate aggressive trading, shows sellers gaining an edge after an earlier period of stronger buying interest.

The slowdown is also visible in CryptoQuant’s volume bubble map, where trading intensity has moved away from earlier high-activity zones. That suggests fewer traders are opening positions while the market waits for a clearer direction.

Large players have not disappeared. CryptoQuant’s Average Order Size data still shows bigger orders entering the market, creating a split between continued large-trader activity and weaker participation across the broader futures market. That split leaves Dogecoin without broad confirmation that traders are ready to chase another move higher.

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DOGE Momentum

Dogecoin has remained near the $0.09 area despite those mixed derivatives signals. TradingView data shows DOGE moved from roughly $0.07 toward $0.09 in late August before entering a consolidation phase.

Momentum indicators also point to a market that has not fully lost buying support but is no longer accelerating. The Relative Strength Index remains above its neutral zone, while the MACD reflects slowing momentum, meaning another move higher would require stronger buying activity.

A previous analysis also placed Dogecoin in a rare CVDD undervaluation zone, a level that has appeared near major turning points in the past.

The signal does not confirm a bottom, but it gives longer-term traders another metric to watch while short-term futures activity remains subdued. For now, price resilience and weakening participation are moving in opposite directions.

The current setup follows Dogecoin’s late-August advance from the $0.07 area toward $0.09. Since that move, price consolidation has replaced the rally, while futures activity has cooled and sellers have gained more control of aggressive trading.

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Mehjabeen Arsiwala

Mehjabeen Arsiwala is a journalist covering crypto news, DeFi, exchanges, trading, and market analysis. Over the past three years, she has focused on the trends and narratives shaping digital asset markets, from price action and forecasts to exchange developments and on-chain signals. She specializes in clear reporting that helps readers understand what is happening in the market and why it matters.

Disclaimer and Risk Warning: The information provided in this article is for educational and informational purposes only and is based on the author's opinion. It does not constitute financial, investment, legal, or tax advice. Cryptocurrency assets are highly volatile and subject to high risk, including the risk of losing all or a substantial amount of your investment. Trading or holding crypto assets may not be suitable for all investors. The views expressed in this article are solely those of the author(s) and do not represent the official policy or position of Yellow, its founders, or its executives. Always conduct your own thorough research (D.Y.O.R.) and consult a licensed financial professional before making any investment decision.
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Dogecoin Momentum Cools After 29% Climb From $0.07 To $0.09 | Yellow