Dogecoin (DOGE) Faces Potential Death Cross Amid ETF Momentum Decline
Terrill Dicki Oct 22, 2025 19:24
Dogecoin's price struggles as it nears a death cross pattern, with the recent DOGE ETF losing momentum and futures open interest declining significantly.
Dogecoin (DOGE) is on the brink of a technical downturn as it approaches a death cross pattern, amidst decreasing momentum from its recently launched ETF, according to CoinMarketCap. The digital currency has experienced a sharp decline, falling over 38% from its September peak.
Impending Death Cross Raises Concerns
The death cross, a bearish technical indicator, is characterized by the 50-day moving average crossing below the 200-day moving average. This pattern suggests potential further declines for DOGE, which has already seen its price drop from $0.3066 to $0.1900. The decline has been exacerbated by a broader crypto market crash that resulted in considerable liquidations.
ETF Momentum and Futures Decline
Once seen as a potential catalyst for growth, the DOGE ETF has struggled to maintain investor interest. The ETF's inflows have significantly decreased, reflecting waning enthusiasm in the market. Additionally, DOGE futures open interest has plummeted in recent weeks, indicating reduced speculative activity and investor confidence.
Market Context and Future Outlook
The recent downturn in Dogecoin's price and market activity is symptomatic of broader challenges within the cryptocurrency market. The formation of a rising wedge pattern, a bearish signal, has further compounded DOGE's price decline. As the market evaluates these technical indicators, investors remain cautious about the potential for further losses.
Overall, the combination of technical patterns and declining market interest presents a challenging environment for Dogecoin. With the death cross looming, market participants are closely watching for any signs of a reversal or further downward pressure.
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