Dogecoin is showing bullish signals on the RSI, which suggests a potential uptrend. As of February 6, 2025, DOGE is trading at 0.2659 USD, representing a 2.23% increase. Holding support at 0.25 USD is crucial for a breakout.

The Total Value Locked (TVL) for Dogecoin has increased from 4.24 million USD to 4.68 million USD, indicating growing interest. Although the increase is positive, it does not yet represent a significant market shift.

The MVRV ratio stands at 77.7%, suggesting that Dogecoin is nearing its fair market value without being overly inflated. Technical indicators show a neutral market sentiment, implying that potential movements will depend on buying interest.