[DigitalToday reporter Yoonseo Lee] Dogecoin (DOGE) formed a golden cross on the daily chart for the first time in 14 months.

On Oct. 5, blockchain outlet U.Today reported that Dogecoin's 50-day moving average rose above its 200-day moving average, bringing back a technical reversal signal after a long decline.

The signal is drawing market attention because it is based on the daily chart, not the hourly chart. Dogecoin has seen golden crosses several times over short time frames, but the last daily-chart golden cross was in August 2025. At the time, Dogecoin rose to $0.3 on Sept. 13, 2025, a few weeks after the signal formed, but the uptrend did not last long. Selling pressure continued, and a death cross occurred in November 2025, leaving it in a downtrend for months.

The downturn became more pronounced in the Oct. 10, 2025 selloff. Liquidations of $20 billion occurred in the cryptocurrency market, and Dogecoin fell to $0.09 from $0.255. The latest golden cross is the first daily-chart reversal signal since that long adjustment.

Price action also aligned with the shift in technical indicators. After rebounding from a low of $0.06 in mid-August 2026, Dogecoin cleared key resistance levels one by one. It broke above the daily 50-day moving average that has capped gains in 2026, and it also moved above the daily 200-day moving average for the first time since October 2025. Attention is on the fact that this move came ahead of the latest golden cross.

Alongside the technical signal, efforts to expand utility have continued. DogeOS recently launched a public testnet supporting Ethereum-style transactions and lending using Dogecoin, as well as other applications. It is an attempt to broaden use cases for Dogecoin holders beyond payments and price speculation.

Metallicus also released DogecoinVM, which links Dogecoin to the Metal network. DogecoinVM was introduced as a Dogecoin-compatible ledger that runs on the Metal blockchain, and it was presented as processing Dogecoin 300 times faster while providing instant finality.

Still, Dogecoin needs to clear several levels for further gains. For now, the key is whether it can decisively break above $0.095 and $0.098. After that, $0.106, where the rise stalled on Sept. 22, is likely to be the next test. If it breaks through $0.106, the next target zones were presented as $0.12 and $0.16.

The latest golden cross is drawing attention because it has come with both a price rebound and expanded utility, beyond being a simple chart signal. Efforts such as DogeOS and DogecoinVM align with a trend to broaden Dogecoin's use cases beyond payments.