Dogecoin Death Cross Countdown: Why This Chart Pattern Is a Dangerous Signal for Dogecoin’s Price
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According to CoinWorld, Dogecoin (DOGE) is currently trading near $0.107, slightly above October's low of $0.0995, but a concerning technical pattern is emerging. A double death cross is forming on the weekly chart, with both the 23-week and 50-week moving averages trending downward and approaching the 200-week moving average at $0.15322. Analysts warn that this pattern, which is close to multi-month lows, could trigger a 15% to 30% decline. Unless buying pressure re-emerges, the price may test the support range between $0.09 and $0.11.
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