Dogecoin could see its first daily death cross of 2026 as its moving averages converge. The token trades at $0.081 after falling to a low of $0.077, while one analyst points to buy signals near that level.
Dogecoin could see its first daily death cross in 2026 as its moving averages hint at a convergence in the coming days. The daily MA 50 currently tilts downward, while the daily MA 200 has flattened.
Golden cross gives way to a possible reversal
Dogecoin had its first daily golden cross of 2026 in October, but profit-taking in the crypto market pushed the DOGE price to a low of $0.077. U.Today's report says bears appear to be trying to invalidate that bullish signal.
DOGE traded up 3.19% in the last 24 hours to $0.081 at the time of writing, following an earlier selloff. Investors weighed hotter-than-expected inflation data and Federal Reserve Chairman Kevin Warsh's latest comments on interest rates.
Dogecoin last saw a death cross on its daily chart in November 2025, which preceded months of selling before the latest golden cross. The timing of a new death cross, or whether it appears at all, remains unknown, because a trend shift might offset bears and invalidate the current setup.
Inflation data and Fed expectations
The week brought strong inflation data. Thursday's producer price index showed wholesale prices jumped 6.3% annually in September, the biggest gain since 2022, after the consumer price index also rose.
Fed officials approved their first interest rate hike in more than three years in September. Markets expect the Fed to skip an October increase but to hike again in December.
Analyst sees three bullish reasons
Crypto analyst Ali, in a contrarian approach, shared three reasons to be bullish on Dogecoin in a recent X post. First, the TD Sequential flashed a buy signal on the DOGE daily chart near $0.081, and it has marked potential turning points before for Dogecoin.
Second, URPD data shows about 36 billion DOGE were previously traded around $0.081. Third, whales appear to be buying near that support, adding 600 million DOGE since October 12.
If $0.081 holds and DOGE rebounds, Ali names the $0.16–$0.17 range as a potential profit-taking zone.
Source: U.Today
Trading involves risk.
Risk Disclaimer
