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Dogecoin: CoinGlass's long-short ratio data diverges

2026-10-08 12:34:45
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Many media quoted CoinGlass data, but there are differences in the long-short ratio values of Dogecoin.

CoinJournal and CoinTurk News EN both quoted CoinGlass data to report on the long-short ratio of Dogecoin (DOGE) on Wednesday, but the values published by the two were inconsistent.

Points of consensus

Despite differences in specific indicators, all sources agreed on the following market conditions:

  • On Wednesday, Dogecoin traded close to $0.090.
  • DOGE recorded a weekly decline of more than 5%.
  • DOGE prices remain below its 200-day exponential moving average (EMA), which is at US$0.093.
  • DOGE remains above the 50-day EMA (US$0.088) and the 100-day EMA (US$0.086).
  • The relative strength index (RSI) on the daily chart is about 48, and the MACD indicator shows a slight negative value.

Technical analysis shows that key support is set at US$0.088 and secondary support is set at US$0.086. If it falls below US$0.085, it may trigger the risk of a further downward price towards US$0.070. The report pointed out that recovering $0.093 is necessary to ease bearish pressure, while $0.102 is seen as the next resistance level. In addition, CryptoQuant data shows that large holders or orders in the spot and futures markets are bringing selling pressure.

Points of divergence: Specific value of CoinGlass's long-short ratio

Regarding the specific long-short ratio value of Dogecoin on Wednesday, there are obvious differences between the two media reports:

  • CoinGlass official data: Dogecoin's long-short ratio was 0.85 on Wednesday, the lowest level for the indicator in more than a month.
  • CoinJournal reported: quoted data from data analysis firm CoinGlass as saying that the long-short ratio has dropped to 0.68, a one-month low. (Release time: 2026-10-07 07:48)
  • CoinTurk News EN reports: also claimed that the long-short ratio hit a one-month low. (Release time: 2026-10-07 09:22)

Analysis and Recommendations

To resolve this data dispute, the most direct way is to check the raw data of Dogecoin's long-short ratio officially released by CoinGlass on that date.

When handling such information, it is recommended that the broader technical background-including prices around US$0.090, the 50/100/200-day EMA moving average position and the support area of US$0.088/0.086/0.070-be considered consistent and reliable reporting content. However, until the two parties 'claims have not been verified with CoinGlass official data and reached a settlement, the specific CoinGlass long-short ratio value should not be directly quoted as a factual basis.

Disclaimer:

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