Dogecoin (DOGE) is currently creating its third bearish MACD crossover on the monthly chart, raising concerns about the potential for this altcoin's price cycle to slow down.
According to Bitcoinsensus, this technical pattern has only occurred twice before—each time preceding notable downtrends.
In 2018, the bearish MACD crossover led to a prolonged cooling period lasting several months.
In 2022, this signal marked the beginning of a complete bearish phase.
Now in 2025, the third crossover officially occurs.
MACD (Moving Average Convergence Divergence) is a widely used momentum indicator. When the MACD line crosses below the signal line, especially on higher timeframes like the monthly chart, it is often interpreted as a bearish reversal signal. For Dogecoin, past crossovers have been linked to major cycle peaks and prolonged periods of weak prices.
A tweet from @Bitcoinsensus warns that while history suggests caution, 'this time could be different.' However, the appearance of a bearish crossover in 2025 should not be overlooked, especially in the context of an unstable and contracting overall market.
The attached chart highlights three historical MACD instances.
Convergence/Divergence of moving averages
"MACD crossovers and their correlation with significant DOGE price pullbacks are noteworthy. With the third crossover currently occurring, traders and investors are encouraged to remain vigilant and monitor for further confirmation of trend weakening.
Whether Dogecoin will challenge its historical trend in this cycle or follow previous patterns remains to be seen. Currently, technical signals are warning of increased bearish risk.