Dogecoin Dey Face Market Pressure As Transfer Volume Dey Drop And People Dey Worry Say E Don Pass Price
Dogecoin dey face serious bearish sentiment because transfer volume dey reduce and Network Value to Transactions Signal (NVTS) dey high, wey dey show say e fit don cost pass as e suppose be. Even though dem dey try change am from di down trend, DOGE dey jam strong resistance wey dey block am from breaking out. On-chain metrics dey show say investors no dey too interested again as transaction count and active addresses dey reduce, wey dey highlight say market cap growth and actual utility no dey align. Dem dey advice investors to dey careful, as di 180-day Market Value to Realized Value (MVRV) dey show say dem dey lose money wey dem never realize, plus panic selling dey happen anyhow for low prices, wey dey make di negative sentiment strong.
Bearish
Both summary highlight say Dogecoin dey go down, wey be say transfer volume dey reduce, say dem dey overrate am like NVTS dey increase, and say strong levels dey wey dey block the price from rising again. This bad feeling dey increase because on-chain metrics show say transaction no dey happen well, say active addresses don reduce, and say people dey lose money wey dem never cash out according to MVRV indicator. The way all these things dey happen show say DOGE go face wahala, with chance of sudden change and difficulty to grow well, wey dey make market expect say things go hard for now.