Dogecoin Flashes Rare Golden Cross

Altcoin Analysis

Dogecoin has climbed 20% over the past week, and traders are now eyeing a chart pattern not seen on the memecoin in some time — the golden cross.

Market analyst Omkar Godbole highlighted the development, noting its potential to trigger significant upside in the weeks ahead.

The golden cross occurs when the 50-day moving average moves above the 200-day moving average, signaling that short-term momentum has overtaken the longer-term trend.

In many markets, it’s viewed as a bullish indicator with the potential to ignite extended rallies.

History Suggests Big Moves Could Follow

While no signal is foolproof, Dogecoin has a track record of major rallies following golden crosses.

In November 2024, DOGE surged more than 130% in just four weeks after the pattern appeared. A year earlier, in November 2023, the same signal preceded a 25% rise in about a month.

Perhaps most notably, the golden cross in early November 2020 marked the beginning of a four-month bull run that propelled DOGE over 1,000%.

With the latest crossover now in play, traders are debating whether history could repeat — or even exceed past performance.

Author

Alexander Zdravkov is a person who always looks for the logic behind things. He is fluent in German and has more than 3 years of experience in the crypto space, where he skillfully identifies new trends in the world of digital currencies. Whether providing in-depth analysis or daily reports on all topics, his deep understanding and enthusiasm for what he does make him a valuable member of the team.

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