- Dogecoin has formed a golden cross as the 50-day SMA crossed above the 200-day SMA, signaling short-term strength.
- Past golden crosses for DOGE have preceded major rallies, including a 1,000% surge in 2020.
- While not foolproof, the pattern could spark momentum if market sentiment stays bullish.
Dogecoin just lit up the charts with a golden cross, a technical setup that often gets traders buzzing about a possible surge. The move happened when the 50-day simple moving average (SMA) pushed above the 200-day SMA — a sign short-term momentum is overtaking the longer trend, potentially setting the stage for a stronger rally.
For meme coin fans, this is like hearing the starting gun. Historically, DOGE has often made its biggest moves right after this kind of crossover. Back in November 2024, for example, a golden cross was followed by a blistering 130% jump to $0.46 in just four weeks. A year earlier, the same setup led to a solid 25% climb in under a month. And if you rewind to November 2020? That’s when DOGE began a four-month bull run that saw prices rocket more than 1,000%.
Not a Sure Thing, But History’s on DOGE’s Side
The golden cross isn’t a magic crystal ball. In equities, Bitcoin, and yes — even Dogecoin — the pattern has had its fair share of false alarms. It’s a bullish signal, but on its own, it’s not a guarantee of moonshots. Traders who rely solely on it can find themselves chasing ghosts if the broader market doesn’t follow through.
Still, for many, it’s hard to ignore the track record here. DOGE has a habit of turning this technical signal into a launchpad — especially when meme coin hype starts heating up across the board. And with the leader of the pack flashing green, other memecoins could start moving in sympathy.
What’s Next?
DOGE sits at $0.2435 as of now, up from earlier summer lows, and if history decides to rhyme, a run toward $0.30 or even $0.40 in the coming weeks isn’t out of the question. Of course, it’ll need strong volume and market sentiment to back it up — something that’s been building quietly in recent weeks.
So will the golden cross magic strike again? Well… let’s just say DOGE traders are watching the charts very closely right now.
