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Dogecoin Triggers Rare Bearish MACD Crossover; Eyes Drop to $0.12
- Dogecoin has triggered its rare third-ever bearish MACD crossover on the monthly chart, historically signaling prolonged price weakness.
- Previous bearish MACD crosses in 2018 and 2022 led to major downturns and extended bear market phases for DOGE.
- The current macroeconomic uncertainties and tightening monetary policies amplify downside risks amid this bearish signal.
- Dogecoin is trading at $0.1711 with a 24-hour trading volume of $2.27B and a market cap of $25.63B.
- The Moving Average Convergence Divergence (MACD) indicator is closely watched in technical analysis to identify momentum shifts.
- A bearish MACD crossover on the monthly chart signifies potential long-term trend reversals.
- This third-ever bearish MACD crossover in Dogecoin's history is considered a rare and significant event.
- The previous bearish crossovers in 2018 and 2022 preceded major market downturns for DOGE.
- Amid the third bearish crossover in 2025, traders and investors are cautious due to macroeconomic uncertainties and market conditions.
- Market experts suggest that while historical patterns are valuable, current circumstances may lead to different outcomes.
- The repetition of the rare bearish crossover and external pressures indicate potential price vulnerability for Dogecoin.
- The three bearish MACD crosses on Dogecoin's monthly chart highlight significant retracements and bear phases.
- This cautionary indicator suggests that DOGE holders should be prepared for additional declines or extended consolidation periods.
- Dogecoin's price dynamics may be influenced by wide-ranging changes in market conditions over the coming months.
- Traders are advised to stay vigilant and maintain cautious positioning in light of the bearish MACD crossover and market uncertainties.
- Bitcoin Leverages Drop: Is $104K the Bottom Before the Next Bull Run? - Related article discussing Bitcoin price levels.
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