Death Cross Confirmed As DOGE Sinks Below $0.10 – Is DOGE Going To $0?
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Harvey Hunter
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Losing zero could be just the beginning for DOGE, as the short-term trend fails to match medium-term expectations, which threatens to threaten Dogecoin price forecasts.
MemCoin dropped to a historic low of under $0.10 as the tenth largest crypto liquidation event rose from weak hands to capital in seven days.
With it, Dogecoin confirmed the January death cross – when the short-term 9-day moving average fell below the medium-term 21-day moving average – to have real staying power.
There is a strong case made for bears. The momentum seen in early January has been completely cut, providing a temporary reprieve in a broader downtrend.
Still, social stimuli in the pipeline may preserve DOGE corruption. Key opinion leader Elon Musk has re-shilled DOGE, confirming that he still intends to send DOGE to the “direct moon.”
Asked about the inevitability of the DOGE-1 lunar mission, Musk simply replied, “Yes.”
A public event of this scale can serve as a powerful social motivator. Musk-led major exposures have historically coincided with large inflows of retail capital, regardless of market sentiment.
Dogecoin Price Prediction: But Is DOGE Really Going To Zero?
There is a real technical basis that the death cross may not be a death sentence, which has a saving grace: the 2024 low is at $0.08.
A known support level served as the final barrier to the downward channel breakdown that led to the decline, and proved to be a launching pad.
Momentum indicators provide the context. RSI has reversed sharply from deeply oversold conditions, buyers have reached exhaustion levels, and buyers have entered.
Market participants seem to be buying the dip. Despite the setbacks this week, as the MACD continues to close at the golden cross above the signal line, strength remains.
Attention now shifts to the upper boundary of the pattern with this brewing trend.
The exit limit for the Verified Tracking key is set at around $0.15, which is the highest since January. With a higher and stronger leg here, a full 200% push of the system to $0.31 could be realized.
Effectively, this design could erase all the weakness that has occurred since Dogecoin's price peaked in September, and provide the fuel needed to make the Doge-1 lunar mission possible.
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The pattern is clear. Dogecoin ran first and Shiba Inu was next in 2021, followed by Floki, Bonk, Dogwhiphat and Neiro. Each bull cycle will eventually lead to a new doge-inspired winner.
This time, Maxi Doge ($MAXI) is tapping into those early Dogecoin vibes with a community built around sharing early alpha, business ideas, and competitive engagement.
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The boost is already showing in the numbers. The $MAXI presale raised nearly $4.6 million, with early backers winning prizes and earning up to 68% API.
For those who missed the Doge wave in the past, Maxi Doge could be your next chance to catch the meme coin before it hits the mainstream.
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