Dogecoin NVT Ratio Signals Massive Rally in Coming Weeks?
Is Dogecoin on the verge of a significant price surge? Analysts are closely watching Dogecoin's NVT (Network Value to Transactions) ratio, which is currently signaling a potential massive rally in the coming weeks. Dogecoin's NVT ratio has been hovering around its all-time highs of late, with a series of spikes registered over the past few months, suggesting a shift in market dynamics.
Dogecoin's price may rally as short-term trading activity for meme coins increases. Recent data shows a decrease in the NVT ratio over the last few days, falling from a high of 130 to 66. This drop suggests an increase in transaction volume relative to Dogecoin's network value. This aligns with its recent 65% retracement, following a breakout from a descending triangle, hinting at a sustained upward trend.
Analyst Ali Martinez believes Dogecoin may be on the verge of a bull run. Historical patterns show similarities with past cycles, where Dogecoin broke out of a Descending Triangle. This breakout, coupled with the NVT ratio fluctuations, adds weight to the bullish sentiment.
Dogecoin's price has shown promising signs of a sustained rally, supported by strong technical indicators and growing network activity. Trader Tardigrade cited a key pattern in the 4-hour time frame of Dogecoin’s Relative Strength Index (RSI), offering early signs of sustained momentum. According to the analyst, this crucial indicator offers early signs of a sustained rally.
However, it's important to note that Dogecoin’s 31% rally is fueled by speculation, with its price reaching $0.22 in the past. The current Network Value to Transactions (NVT) ratio initially indicated an unsustainable rise. The recent decrease mitigates some of those concerns, but careful observation is still crucial.
Ultimately, the question remains: Is Dogecoin poised for a 110% price surge? Keep a close eye on the NVT ratio and other technical indicators to assess the validity of this potential rally. As market attention on meme 20 de sept. de 2025...
Disclaimer: This is not financial advice. Please conduct your own research before making any investment decisions.