Will Dogecoin Moon Or Crash? This Indicator Holds The Answer
NewsBTCThursday, June 12, 2025 at 3:30:32 PM
A crypto analyst known as Cantonese Cat suggests that Dogecoin's fate—whether it skyrockets ("moons") or crashes—could hinge on its position relative to a key technical indicator: the 20-month simple moving average (SMA). Right now, DOGE is holding steady above this line at $0.1751, which historically has been a make-or-break level. The last three times Dogecoin tested this average (in 2017, 2020, and 2021), it either launched into a massive rally or faced a steep drop. So, traders are watching closely to see if history repeats itself.
Editor’s Note: For Dogecoin fans and skeptics alike, this isn’t just another speculative meme-coin story. The 20-month SMA has been a reliable bellwether for DOGE’s wild price swings in the past, so its current position could signal whether the joke currency is gearing up for another hype surge or a reality check. Whether you’re holding bags or just curious, this metric offers a rare glimpse of structure in Dogecoin’s otherwise chaotic trajectory.
— Curated via WP Now’s
