Dogecoin Set for Weekly Death Cross After 3-Year Gap, Is History Repeating?
Analysis
Price Impact
MedA death cross is a bearish technical indicator, suggesting a potential downtrend. however, dogecoin's price action in the past following a weekly death cross was muted, indicating that while the signal is bearish, its historical impact on doge has been limited.
Trustworthiness
MedPrice Direction
BearishThe article highlights the formation of a 'death cross' on dogecoin's weekly chart, where the 50-week moving average is poised to cross below the 200-week moving average. this is historically a bearish signal.
Time Effect
LongDeath crosses on weekly charts are significant events that can indicate trends lasting for several months or even years, affecting longer-term price movements rather than immediate fluctuations.
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Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. A potential death cross setup seems to be taking shape on Dogecoin 's weekly chart, with traders now paying close attention. Advertisement The weekly MA 50 (50 WMA) has pulled downwards and might meet the 200 WMA in the coming weeks. If the 50 WMA falls beneath the 200 WMA following the convergence, a death cross signal might be confirmed. DOGE/USD Weekly Chart, Image By TradingView While golden and death cross signals are not new to Dogecoin, as a handful have appeared on short-term timeframes since its inception, the weekly chart remains an exception, having seen only three such crossovers since February 2021. Two of these three instances are golden cross signals, highlighting the rarity of a death cross on its weekly chart. HOT Stories MiCA 2026: Is It Over for Crypto in Europe? XRP's Hopes for $1.5 Are Not Empty: Can Shiba Inu (SHIB) Take Back $0.000005? Solana (SOL) on Verge of Breakthrough: Crypto Market Review You Might Also Like Fri, 07/03/2026 - 14:25 Dogecoin Eyes First Short-Term Golden Cross in July, $0.1 Next? By Tomiwabold Olajide Advertisement In particular, this rare bearish technical signal has not appeared on its weekly chart in more than three years. The last time Dogecoin saw a death cross on its weekly chart was in February 2023. Will history repeat? Dogecoin price action has often mirrored the nature of the crossovers on its weekly price charts. In February 2021, when Dogecoin recorded a golden cross on its weekly chart, the price increased in the following months. You Might Also Like Mon, 05/04/2026 - 10:23 Dogecoin (DOGE) on Verge of Hitting $0.12: 3 Price Levels to Watch Next By Arman Shirinyan Advertisement Dogecoin saw a 3,600% increase after the price rose from a low of $0.02 on February 1, 2021, to reach an all-time high of $0.74 in May 2021. A similar scenario played out in November 2024 following the appearance of a golden cross on the weekly chart. Starting from October of the same year, Dogecoin increased for eight consecutive weeks, reaching a high of $0.48 in December 2024, before receding. However, the only visible death cross on the weekly chart produced a muted reaction, with Dogecoin price stagnation recorded in the aftermath. Dogecoin price traded in a range for months following the February 2023 death cross, with little momentum recorded shortly after the signal appeared. At the time of writing, DOGE was trading at $0.074. #Dogecoin News #Dogecoin