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Dogecoin's rally cooled after soaring from $0.07 to $0.09

2026-09-04 06:15:35
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DOGE is currently trading at around US$0.09 after recovering at the end of August, despite weakening participation in the futures market, increasing seller pressure, and still active large orders.

Key Points

Dogecoin is still hovering around US$0.09 after climbing from the US$0.07 region at the end of August.

CryptoQuant data shows that sellers are taking advantage, while overall futures trading intensity has declined.

Large orders continue to appear, but RSI and MACD indicators show momentum is slowing.

Dogecoin futures

Futures data showed that although prices held on to recent gains, the trading environment tended to weaken. CryptoQuant's Taker CVD indicator, which tracks which dominates buyers and sellers in active trading, shows that sellers are gaining an advantage after a period of strong buying interest. CryptoQuant's volume bubble chart also reflects signs of slowing down, with trading intensity moving away from previous high activity areas. This suggests that fewer investors are opening positions as markets wait for clearer direction.

Large households have not disappeared. CryptoQuant's average order size data shows that large orders are still entering the market, creating a differentiated pattern of continued activity among large traders and declining participation in the overall futures market. This divergence leaves Dogecoin lacking widespread confirmation of whether investors are ready to drive the next round of gains.

DOGE kinetic energy

Despite divergent derivatives signals, Dogecoin remained at around US$0.09. TradingView data showed that DOGE rose from approximately US$0.07 to US$0.09 at the end of August, and then entered a consolidation phase. Kinetic indicators also show that the market has not completely lost buying support, but it is no longer accelerating upward. The Relative Strength Index (RSI) remains above the neutral range, while the MACD shows slowing momentum, which means stronger buying activity is needed for further gains.

A previous analysis placed Dogecoin the rare undervaluation of CVDD, a level that has appeared near a major turning point in history. The signal does not confirm a bottom, but provides a noteworthy indicator for long-term traders, while short-term futures activity remains sluggish. Currently, price resilience and weakening participation are moving in opposite directions.

The current market pattern stems from the fact that Dogecoin rose from the US$0.07 region to US$0.09 at the end of August. Since then, the rally has been replaced by price consolidation, futures activity has cooled and sellers have gained more control in proactive trading.

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