Dogecoin has formed its first daily golden cross in 14 months, giving DOGE one of its strongest technical momentum signals since 2025 as the meme coin again approaches the $0.10 area.
The crossover occurred after Dogecoin’s 50-day moving average rose above its 200-day moving average. DOGE briefly climbed to roughly $0.096 after the signal appeared, extending a recovery from its August low near $0.06.
The signal is bullish on paper, but DOGE still has to break through the same resistance zone that has stopped several recent rallies.
$0.098 Is the First Major Test
A golden cross generally suggests that medium-term momentum is improving, but the crossover does not guarantee an immediate rally.
Dogecoin is still trading directly beneath $0.098-$0.10, where roughly 28 billion DOGE previously changed hands. That large concentration of supply has repeatedly created selling pressure around the psychological $0.10 level.
The same barrier was visible in the recent DOGE pullback, when price fell back toward $0.093 after failing to clear $0.098.
If buyers finally push through that area, $0.106 becomes the next important target. A stronger breakout could then bring the broader $0.12 target back into focus.
Whales Have Already Accumulated $112M in DOGE
The crossover is also appearing alongside substantial large-holder demand.
Wallets tracked by Santiment accumulated more than 1.14 billion DOGE in roughly 96 hours, worth around $112 million at the time. That followed an earlier period of whale buying during September weakness.
ETF demand has improved as well. U.S. Dogecoin investment products recently recorded about $2.9 million in weekly inflows, their strongest weekly total during the latest move.
However, that demand still has to absorb Dogecoin’s ongoing issuance. Roughly 14.4 million new DOGE enter circulation each day, creating persistent supply pressure.
