Dogecoin Golden Cross Signals Potential Reversal After 14 Months
Dogecoin (DOGE)
Editor:
Eugene Serbin
DigitalToday reports that Dogecoin has formed a daily chart golden cross for the first time in 14 months. The 50-day moving average crossed above the 200-day moving average on October 5, marking a technical reversal signal. This specific signal is notable because it appeared on the daily timeframe rather than shorter intervals.
The previous daily golden cross occurred in August 2025, preceding a rise to $0.30 before a death cross in November. Following a severe downturn and a $20 billion market selloff, Dogecoin hit a low of $0.06 in mid-August 2026. It has since cleared key resistance levels, moving above both the daily 50-day and 200-day moving averages.
Utility expansion efforts include DogeOS launching a public testnet for Ethereum-style transactions and lending. Metallicus also introduced DogecoinVM, a ledger on the Metal blockchain that processes Dogecoin 300 times faster with instant finality. The asset must break above $0.095 and $0.098 to test the $0.106 resistance level. A break above $0.106 could target price zones at $0.12 and $0.16.
How the market reacted
Whalio's own Binance spot order flow for DOGE, measured when this story was written up on 6 October 2026. Not the outlet's figures.
Whalio spot data shows Dogecoin trading at $0.09542 with a 24-hour buy ratio of 47.7%. Shorter-term buy ratios are slightly lower, with 46.2% for the 1-hour and 47.3% for the 4-hour windows. This indicates that buying pressure is currently fading compared to the longer daily average. The 24-hour volume delta stands at -$2,470,101, showing that sellers are executing larger trades than buyers over the day. The Cumulative Volume Delta closed at -$599,471, confirming that net selling pressure dominated the session. Spot volume reached $53,876,319 across 362,463 trades, reflecting active but sell-side heavy participation.
The latest daily buy ratio of 37.6% sits at the 0th percentile of the last 322 days, against a median of 48.9% - among the weakest buying days it has had.
Was that an ordinary day?
The same Binance spot measurements for DOGE, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 49.7%, making today's 24-hour reading of 47.7% a decline of 2.0 points. This suggests the current day is less bullish than the weekly average. Volume relative to the average sits at 0.76x, indicating lighter trading activity than usual. The 8-day volume delta total was -$2,113,330, consistent with the recent net selling trend. Price changed +1.6% over the eight-day period, showing modest gains despite the sell-side volume dominance.