Dogecoin holds gains as sellers gain edge and trading activity slows

  • Dogecoin sellers are gaining control as trading activity declines.
  • DOGE climbed from the $0.07 zone toward the $0.09 area in late August.
  • Cryptoquant data shows larger orders continuing despite weaker overall market participation.

Dogecoin sellers are gaining control as trading activity declines, according to Cryptoquant data on Taker CVD (taker cumulative volume delta). Larger orders continue to appear, suggesting bigger players remain active, while DOGE has held gains after climbing from the $0.07 zone toward $0.09 in late August. The token is now consolidating, with RSI (relative strength index) above neutral but MACD (moving average convergence divergence) showing slower momentum. AMBCrypto previously reported that Dogecoin entered a rare CVDD (cumulative value-days destroyed) undervaluation zone associated with major turning points, although a bottom is not obvious.

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