Dogecoin Death Cross Completed: Is This the Right Timing?

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Dogecoin has formed its first death cross since 2026 on the daily chart, with the 50-day simple moving average falling below the 200-day moving average. The bearish signal came roughly three weeks after a golden cross, highlighting a sudden shift in momentum and the DOGE token’s elevated volatility. Price had nevertheless risen for three consecutive days to $0.081 on October 29 before falling to $0.072, a level also reached in August 2026. According to CoinGlass, liquidations totaled $1.68 billion over 24 hours, including $1.43 billion in long positions, as the market reacted to the $6.3 billion heist from Binance. Analysts identify $0.069 as potential support and $0.086 as resistance near the daily moving averages.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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