Dogecoin is approaching its first daily death cross of 2026, with technical indicators suggesting that bearish momentum may be building even as buyers step in near $0.081.
According to chart data, the daily 50-day moving average is tilting downward while the 200-day moving average has flattened, creating the setup for a potential death cross. Dogecoin recorded its first daily golden cross of 2026 in October, but profit-taking across the crypto market subsequently pushed the price to a low of $0.077. At the time of writing, DOGE was trading up 3.19% over the previous 24 hours at $0.081, recovering from an earlier selloff prompted by hotter-than-expected inflation data and Federal Reserve Chairman Kevin Warsh's latest remarks on interest rates.
The macro backdrop has been shaped by strong inflation figures. Thursday's producer price index showed wholesale prices rose 6.3% annually in September, the largest increase since 2022, following a higher consumer price index reading on Wednesday. Fed officials approved their first interest rate hike in more than three years in September, and markets now expect the Fed to skip an October increase but raise rates again in December.
Dogecoin's last daily death cross occurred in November 2025 and preceded months of selling before the most recent golden cross appeared. This history adds weight to the current setup if the death cross is ultimately confirmed.
Crypto analyst Ali offered a contrarian bullish view, citing three factors: the TD Sequential indicator has flashed a buy signal near $0.081 on the daily chart; URPD data shows about 36 billion DOGE were previously traded around $0.081; and whales appear to be accumulating near that support, adding approximately 600 million DOGE since October 12. If the $0.081 level holds and DOGE rebounds, Ali points to the $0.16–$0.17 range as a potential profit-taking zone.
