作者： admin

• Dogecoin traded at $0.15 as bulls looked to hold the advantage at the price level.
• A successful breach of $0.18 could ignite fresh gains.
• Key targets include $0.30 and $0.50, which could be within reach if bullish momentum emerges across memecoins.

Dogecoin (DOGE) price is showing signs of a possible reversal as bulls hold the $0.15 mark amid the latest market volatility.

This comes as a critical on-chain metric turns positive, suggesting a potential shift in momentum for the popular memecoin.

However, cryptocurrencies are in a downbeat mood as sentiment tanks alongside major price dips.

In this case, DOGE may come under fresh sell-off pressure.

That’s the same outlook that analysts have pointed out for top alts, including XRP, Solana and Chainlink.

Bitcoin also hovers at $91,500 as spot ETF outflows spike.

Dogecoin price: bulls target a bounce off the $0.15 level

As top altcoins battle to hold key price levels, Dogecoin’s price action appears to be mirroring this trajectory.

The memecoin has seen a notable dip since wicking into resistance above $0.18 on November 11, 2025.

Notably, DOGE dipped to just under $0.15 on Nov. 17, extending losses since the $0.30 level.

The area marks a multi-month demand and supply zone, which incidentally is a key hurdle bulls have to surmount.

Nonetheless, DOGE finding support at the current levels align with bulls crowding at the major support line of a broadening wedge pattern.

DOGE exchange flows flip positive

A notable observation from analyst Ali on X is that Dogecoin’s exchange net position has changed.

Per data from Glassnode, which Ali shared, the supply of DOGE on exchanges has recently turned positive.

The chart shows that this development has historically preceded sharp price rebounds for the altcoin.

Notably, the latest shift occurs as DOGE price hovers near $0.15 and close to the $0.20 mark.

Dogecoin $DOGE supply on exchanges just turned positive!

This shift has marked sharp rebounds before. pic.twitter.com/EMTukIkO8y

— Ali (@ali_charts) November 19, 2025

As the analyst suggests, potential accumulation could set the stage for a bullish reversal for the DOGE price.

Dogecoin price prediction

Price has dipped since bears showed up at $0.30, a multi-month demand and supply zone.

However, prices are holding firm near $0.15 as the level marks a key floor for bulls within a broadening wedge pattern.

Daily RSI is at 39 and off the oversold level to signal a potential reversal.

Elsewhere, the MACD supports buyers with a bullish crossover hint.

If buyers get $0.18, fresh gains could mean a breakout to $0.30 and then $0.50.

DOGE leading a memecoin resurgence could be key. On the flipside, losses below $0.15 will add to growing pressure.

Ali notes that bulls accumulated more than 27.4 billion DOGE at the $0.08 price level.

This makes the zone bulls’ most significant support level, should bears pierce the $0.10 level.

Key takeaways

• LTC is down 1.7% in the last 24 hours and is trading above $93 per coin.
• The bearish performance comes amid weakening demand.

LTC stays below $100

The cryptocurrency market has underperformed earlier this week, but the selling pressure has subsided in the past few hours. Litecoin is currently down by 1% in the last 24 hours and is currently trading above $93, down from the $95 weekly high it reached a few hours ago.

Despite the recent price action, the fundamentals for Litecoin remain neutral. The total supply of LTC coins in profit dropped to 57%, creating a heavy selling activity, with investors posting a combination of loss realization and profit-taking in the past few days.

According to the data obtained from Santiment, the distribution comes mainly from investors who purchased the cryptocurrencies over the last two months. 

This weakness is also significant across US spot Litecoin exchange-traded funds (ETFs) as they have failed to attract demand. 

Data obtained from SoSoValue shows that since the launch of the Litecoin ETFs in October, they have attracted a cumulative net inflow of $7.26 million, according to SoSoValue data. The only spot Litecoin ETF available in the US is Canary’s LTCC.

On the derivatives market, Litecoin’s funding rates flashed negative twice over the last two days. This indicates short traders are gaining momentum in the Litecoin market. Litecoin’s Open Interest (OI) has recovered slightly to 5.57 million LTC but remains far from pre-October 10 leverage-flush levels of 8.80 million LTC.

LTC could retest the $90 support level

The LTC/USD daily chart remains bearish and inefficient as the coin has lost 8% of its value in the last seven days. Litecoin dipped to the $90.2 support level on Tuesday but quickly rallied to the $95.4 resistance area. It failed to overcome the $95 resistance area and is now trading above $93.66. 

The Relative Strength Index (RSI) and Stochastic Oscillator (Stoch) are below their neutral levels, indicating that the bears are currently in control of the market. 

If the bullish recovery continues, LTC could rally above the $116 efficiency level over the next few hours. However, LTC could drop to the $80 support level if the bulls fail to defend the $90.2 region.

Mt. Gox-linked Bitcoin (BTC) wallets moved roughly 10,600 BTC on Nov. 17, breaking an eight-month silence that had lulled traders into forgetting the estate still controlled nearly $3 billion in legacy coins.

The transaction routed about 10,608 BTC to a new, unlabeled address, with the remainder returning to a known Mt. Gox wallet.

Timing turned the routine shuffle into a headline: Bitcoin had just broken below $90,000, and the move landed like a spark on dry tinder, reviving fears that creditor distributions would dump spot supply into an already weakening market.

However, the reaction outran the evidence, as no coins appeared at exchange deposit addresses. The trustee announced there would be no new payout wave.

Late October brought a year-long extension of the repayment deadline to Oct. 31, 2026, with a disclosure that base, early lump-sum, and intermediate repayments had ended, but only for creditors who had completed eligibility steps.

That schedule undermines the notion that the Nov. 17 transfer signals imminent selling. Internal wallet reorganizations have preceded past distribution batches, yet they don’t, by themselves, add spot supply.

Until coins flow to exchange clusters or counterparties confirm receipt, the move reads as estate housekeeping against an extended timeline.

Remaining overhang

Arkham-tracked wallets tied to the Mt. Gox estate still hold about 34,689 BTC, roughly $3.2 billion at current prices, after a year of phased distributions that began in 2024.

The original rehabilitation pool comprised about 142,000 BTC, 143,000 BCH, and roughly ¥69 billion in cash. By March 2025, about 19,500 creditors had received some repayment through exchanges such as Kraken and Bitstamp.

A sizable but finite residue remains, and its release cadence follows administrative progress rather than trading conditions.

The extended deadline matters because it removes urgency. Creditors who missed earlier cutoffs or failed to finalize paperwork now have another year to sort logistics with their chosen exchange or custodian.

The trustee operates under court supervision, not market timing, which means the remaining 35,000 BTC will trickle out as eligibility resolves rather than flooding exchanges in response to price weakness.

Past distributions followed months of quiet wallet shuffling before coins actually reached recipients, a pattern that makes Monday’s move look procedural rather than distributive.

Why markets overreacted

Bitcoin dropped below $90,000 before the Mt. Gox transfer surfaced, pressured by US spot ETF gross outflows that have already reached $3.7 billion in November and broader risk-off sentiment.

The estate’s move arrived in that backdrop, and traders reflexively linked the two.

Mt. Gox has conditioned markets to expect sell pressure whenever its wallets stir, a Pavlovian response built on years of waiting for the other shoe to drop.

The estate’s creditors are a heterogeneous group: some held through a decade-long bankruptcy, others bought claims at steep discounts and may sell immediately upon receipt. At the same time, long-term holders could treat distributions as tax-loss-harvesting opportunities or as portfolio rebalancing.

That mix makes the supply impact hard to model, which feeds uncertainty and amplifies fear during drawdowns.

Yet the logic that drove panic in prior years, that 140,000 BTC would hit spot markets all at once, no longer applies.

The estate has already distributed the majority of its holdings. What remains is about 24% of the original pool, spread across creditors on different timelines, governed by a process that prioritizes administrative compliance over market conditions.

The trustee extended the deadline precisely because coordination with exchanges and individual creditors takes time, not because 35,000 BTC will dump in one block.

What decides the outcome

The residual overhang is real, but its impact depends on velocity and destination.

If the remaining 35,000 BTC flow to creditors who immediately deposit to exchanges and sell, that’s roughly 78 days of current daily mining issuance hitting spot markets.

However, history shows that prices might experience only a slight fluctuation in a complete dump scenario.

If distributions continue trickling over 12 months, and half the recipients hold rather than liquidate, the marginal impact shrinks to background noise against ETF flows, miner production, and offshore leverage. The estate’s extension to October 2026 suggests the latter.

The Nov. 17 move doesn’t answer which path plays out, but it also doesn’t prove imminent selling.
The transfer went to an unlabeled wallet under apparent trustee control, not to Kraken, Bitstamp, or any counterparty that could distribute to end creditors.

Until exchange deposit addresses light up or the trustee announces a new batch, the activity fits the pattern of internal reorganization that has accompanied past payouts: preparatory, not distributive.

Bitcoin’s break below $90,000 reflects ETF redemptions, macro risk, and positioning unwinds, not Mt. Gox supply. Traders seized on the wallet move because it offered a narrative for a selloff already in progress.

But the schedule, the transfer destination, and the trustee’s own disclosures all point away from immediate pressure. The overhang will resolve over quarters, not days, and the latest move is housekeeping, not a starting gun.

The recent crypto market correction has reignited questions about the durability of corporate Bitcoin treasury plays, but Matrixport researchers say the largest of them, Strategy, still appears on track for possible S&P 500 inclusion.

Despite recurring doubts about whether Strategy’s business model can withstand deep drawdowns, analysts argue that a forced, large-scale liquidation by the world’s largest corporate Bitcoin (BTC) holder is not a “near-term risk,” according to a Wednesday research report by Matrixport.

Instead, the real pressure from the recent correction is on the stockholders who bought the stock at an inflated net asset value (NAV), who are currently suffering the impact of the company’s NAV compression.

While Strategy’s shares fell from a peak of $474 to about $207, the company may still be poised for inclusion in the S&P 500 index in December, wrote Matrixport.

“When overlaid with Bitcoin, the shares now appear relatively cheap, and the possibility of S&P 500 inclusion in December still exists.”

However, investors should treat this as an important reminder of the importance of “timing and valuation” when it comes to investments, the report added.

Related: Taiwan premier promises Bitcoin reserve assessment report by end of 2025

Crypto market intelligence company 10X Research also predicted a 70% chance that Strategy will be added to the S&P 500 index before the end of the year, Cointelegraph reported on Oct. 29.

Strategy received a “B-” credit rating from S&P Global Ratings, placing it in the speculative, non-investment grade territory often associated with “junk bonds.”

This marks the first time a Bitcoin‑treasury-focused company has received an S&P Global assessment, establishing a new potential benchmark for evaluating crypto treasury companies.

Related: Metaplanet’s Bitcoin gains fall 39% as October crash pressures corporate treasuries

Falling mNAV values continue to plague smaller corporate crypto holders

Still, concerns persist over the sustainability of smaller digital asset treasuries (DATs), as several companies saw their market net asset value (mNAV) fall below key thresholds this year, effectively limiting their ability to raise funds for further Bitcoin purchases.

The mNAV ratio compares a company’s enterprise value to the value of its crypto holdings. An mNAV above 1 allows a company to raise funds by issuing new shares to accumulate digital assets. Values below 1 make it much harder to expand capital and holdings.

Several DATs saw their mNAVs slip below this key level, including Strategy, Bitmine, Metaplanet (MTPLF), Sharplink Gaming (SBET), Upexi (UPXI) and DeFi Development Corp (DFDV).

While smaller treasury firms are starting to feel the pressure of the correction, Strategy’s executive chairman, Michael Saylor, said he is not concerned about another major Bitcoin downturn.

“The company is engineered to take an 80 to 90% drawdown and keep on ticking,” said Saylor, during an interview with Fox Business on Tuesday. 

Strategy bought 8,178 Bitcoin worth $835 million in its latest purchase announced on Monday, marking a significant increase compared to the average Bitcoin investments of around 400–500 BTC over the past month.

Magazine: Bitcoin to see ‘one more big thrust’ to $150K, ETH pressure builds