Dogecoin (DOGE) Death Cross dominates, 64% Solana (SOL) Rally could reach 100%, Bitcoin (BTC) will face mini-Golden Cross
U.Today - The famous death cross still has a significant impact on the medium-term price performance of Dogecoin, and the cryptocurrency is still moving erratically. Although a brief recovery above $0.22 indicates some strength, the overall technical structure remains fragile and vulnerable to another decline. It has hovered over DOGE for a few weeks, the death cross, where the 50-day moving average crosses below the 200-day moving average.
This pattern historically indicates prolonged bearish momentum, and since the beginning of 2025, DOGE has used it as a reliable indicator of its ongoing downtrend. Although Dogecoin has recently recovered from the $0.20 level and briefly regained the 200 EMA (black line), it still fails to generate significant momentum.
Upon peaking around $0.26, the bullish attempt quickly lost strength, creating a local rejection zone that has yet to be challenged. Now, the price action is stuck between important moving averages, specifically the 100 and 200 EMAs, suggesting that sideways or bearish pressure may persist unless buyers can convincingly regain ground above $0.
The volume is still not very impressive, and neither institutional nor retail investors seem to be making a significant effort. In a classic consolidation setup, the RSI indicator is in neutral territory, indicating that neither buyers nor sellers are currently in control of the market.
Market confidence is likely to remain low until DOGE clearly breaks the long-term resistance trend and refutes the death cross theory. Community sentiment, which was once fueled by tweets and meme mania from Elon Musk, seems to have diminished due to the waning hype cycles and broader macroeconomic uncertainty.