Buyers Keep Stacking: Dogecoin's Net Position Delta Rises with TD Buy Signal

Dogecoin's net position delta has been rising even as its price remains near recent lows. This suggests that buyers are still active in the market, despite the current dip.

CW noted that this buying pressure has been building for some time and could support a stronger price move if it continues. The analyst also pointed out that Dogecoin's total supply held in profit has dropped into what Cryptollica called a 'deep bottom zone'. This means fewer holders are sitting on gains at current prices, and many who bought higher are now at a loss.

The TD buy signal flagged by Ali Charts adds to the growing momentum in favor of buyers. According to Marks, Dogecoin's weekly chart is forming higher lows, a structure that appeared before previous major expansion phases. This pattern has preceded large moves in the past.