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Dogecoin weekly death cross nears first in three years, signalling possible long-term range

Dogecoin may be nearing a weekly death cross for the first time in three years, as its 50-week moving average slopes lower and approaches the 200-week line, according to U.Today. A death cross would be confirmed if the 50-week average falls below the 200-week average, a rare signal on the weekly chart. The last weekly death cross was in February 2023, after which prices traded in a range for months.