Dogecoin flashes a monthly bearish MACD—Is there a correction coming soon?

Dogecoin (DOGE) is currently creating a bearish MACD diagonal for the third time on the monthly chart, raising concerns about the possibility of the altcoin's price cycle slowing down for a long time. According to Bitcoinsensus, this technical model has only occurred twice before—each time occurring before notable bearish trends. In 2018, the bearish MACD crossover led to a prolonged cooling period lasting several months. In 2022, this signal marked the beginning of a completely bearish phase. Now in the year 2025, the third crossover officially takes place. MACD (Moving Average Convergence Divergence) is a widely used momentum indicator. When the MACD line crosses below the signal line, especially on higher time frames like monthly charts, it is often interpreted as a bearish reversal signal. For Dogecoin, past crossovers have been associated with major cycle peaks and prolonged periods of price weakness.

A tweet from @Bitcoinsensus warns that although history shows caution, "this time it might be different." However, one should not overlook the appearance of the bearish crossover in 2025 - in the context of the overall market being unstable and contracting. The attached chart highlights three historical MACD. The convergence/divergence of the moving average "The MACD crossovers and their correlation with the price pullbacks of DOGE are significant. With the third crossover currently taking place, traders and investors are encouraged to remain vigilant and monitor for further confirmation of the trend weakening. Will Dogecoin challenge its historical trend in this cycle or follow previous patterns remains to be seen. Currently, technical signals are warning of increasing bearish risk.