Dogecoin (DOGE) Oversold? Death Cross Sends Mixed Signals

At the time of writing, DOGE was down 0.12% in the last 24 hours to $0.1377 and down 1.51% weekly.

The drop comes as risk appetite across the market cooled after a seemingly strong start to the year, with traders increasingly quick to sell rallies in the absence of fresh catalysts. Dogecoin has steadily declined after a five-day surge at 2025s start. The dog coin fell all through the week from Jan. 6 to 12, and its price attempted to recover with a sharp surge Jan. 13 at $0.151. This did not last as Dogecoin declined after, poised for its fourth day of drop since this date.

More broadly, cautious optimism stays in the market as leverage resets and capital rotates selectively.

Whats next for DOGE price？

Dogecoins price might have to decisively break above the $0.16 level for buyers to gain control. After this, Dogecoin may climb to $0.20, which will target the $0.27 and $0.30 levels next.

It is quiet on the economic data front, but investors are looking to the week ahead when the personal consumption expenditures index, the Feds preferred inflation gauge, will be released and offer fresh insights on the economy.

Dogecoin might follow the broader market trend, especially if Bitcoins price recovers, however, the chances of range trading remain as signalled by momentum indicators, including the RSI.