Dogecoin holders eye accumulation after 16% drop

Dogecoin has fallen about 16% over the past four days, unsettling short-term traders but prompting signs of renewed accumulation among longer-term holders.

On-chain data shows exchange net position change turning positive as buying pressure increased during the sell-off, suggesting many investors viewed the decline as an opportunity rather than a signal to exit.

The Market Value to Realised Value ratio has moved into an historical “opportunity zone” between -17% and -25%, a range that has previously coincided with DOGE accumulation phases ahead of rebounds.

As unrealised losses spread across the network, selling pressure typically fades as holders avoid locking in drawdowns, creating conditions for stabilisation.

Dogecoin is trading near $0.105 after briefly dipping to $0.094, with dip buying helping the token reclaim the key $0.100 support level.

Holding above $0.100 keeps the recovery thesis intact, while a move above $0.110 could open a path toward $0.117.

If support fails and $0.100 is lost, DOGE could revisit $0.094 or lower, delaying any recovery until stronger demand returns.

At the time of reporting, Dogecoin price was $0.1055.