#DOGE #WCTCS9 Dogecoin may see its first major daily death cross of 2026: Is a potential trend shift approaching?
A potential trend shift could counter bearish pressure and invalidate the current setup.
Dogecoin could see its first daily death cross of 2026, as moving averages point to convergence in the coming days. The daily 50-day moving average is currently sloping downward, while the daily 200-day moving average is flattening, highlighting the potential for a death cross. Dogecoin saw its first daily golden cross of 2026 in October, but profit-taking in the crypto market drove its price down to a low of $0.077. Bears seem to be making an aggressive effort to negate this bullish signal, with the possibility of a death cross drawing near.
The timing of a death cross remains uncertain, as a trend shift could counter the bears’ push and invalidate the current pattern. At the time of writing, Dogecoin was up 3.19% over the past 24 hours to $0.081, after briefly selling off as investors weighed higher-than-expected inflation data and the latest remarks on interest rates from Fed Chair Kevin Warsh.
Inflation data released this week was strong: the Producer Price Index released Thursday showed wholesale prices rose 6.3% year over year in September, the biggest increase since 2022. The Consumer Price Index also rose in data released Wednesday. Fed officials responded in September by approving the first rate hike in more than three years; markets expect the Fed to hold rates steady in October and hike again in December.
Could a trend shift be coming? The last time Dogecoin saw a death cross on the daily chart was in November 2025, followed by months of selling until a golden cross appeared recently. This has focused market attention on price action in case a death cross ultimately appears again.
Crypto analyst Ali recently posted a contrarian take on X, sharing three reasons to be bullish on Dogecoin.
First, the TD Sequential indicator has previously marked potential turning points for Dogecoin several times, and this time it issued a buy signal on the daily chart as the price neared $0.081.
Second, URPD data shows that about 36 billion DOGE previously traded near $0.081.
Third, whales appear to be buying near this support level, having accumulated 600 million DOGE since October 12.
If $0.081 holds and Dogecoin rebounds, Ali identifies the $0.16 to $0.17 range as a potential profit-taking zone. $DOGE

#日韩股集体大跌
KOSPI +3.3%: A relief bounce or the start of a recovery?
My initial assessment: This appears to be a potential relief rally; however, a single strong session is not enough to confirm a broader recovery. The key question is whether semiconductor stocks can sustain this rebound following the sharp sell-off, or if the gains are merely driven by short covering and bargain hunting.
The gains seen in Samsung Electronics (+3.6%) and SK Hynix (+3.4%) are particularly significant, as the South Korean market is highly sensitive to semiconductor sentiment and the global AI-memory trade.
What is driving the recovery?
1. The sell-off may have overshot the fundamentals
On October 15, the KOSPI fell by 7.57%, closing at a six-month low following seven consecutive days of losses. During this sell-off, Samsung and SK Hynix lost 23.9% and 31.5% of their value, respectively—creating an opening for bargain hunters to return.
2. Memory chip fundamentals remain supportive
Analysts continue to highlight tight memory supply, robust demand related to artificial intelligence, and expectations for rising DRAM prices. This supports the view that the sell-off was driven more by sentiment and positioning than by a collapse in earnings expectations.
3. Global risk appetite has improved
A recovery in U.S. equities, combined with easing concerns regarding AI-related credit risks, has helped fuel a rebound in Asian technology stocks. However, concerns regarding returns on investment in artificial intelligence, financing costs, and interest rates have not dissipated.
A relief rally or a sustainable recovery?
Bullish scenario — a lasting recovery
* The KOSPI remains above its recent low.
* Samsung and SK Hynix continue their recovery.
* Foreign investors return as net buyers.
* Earnings forecasts and expectations for memory chip prices remain robust.
Bearish scenario — a short-lived rebound
* The index rises toward a resistance level and then reverses.
* Foreign investors continue to sell Korean stocks.
* U.S. bond yields rise, or renewed concerns regarding AI valuations weigh on chip stocks.
* Samsung and SK Hynix fall back below their recovery levels.
What should investors watch for next?
The most critical indicator is not the magnitude of the initial rebound, but whether buying pressure is sustained.
Indicator Bullish interpretation
Foreign investor flows Consistent net buying
Samsung and SK Hynix Gains sustained over several sessions
Memory chip pricing Continued strength in DRAM and HBM
U.S. Treasury yields Stabilization or decline
Earnings expectations Maintenance of upward revisions
A key distinction: On October 16, the KOSPI recorded an intraday gain of up to 3.17%, but closed the day up 2.05% at 5,668.05. Consequently, the sharp intraday rally made the final gain at the close appear more significant than it actually was.
My View
Short-term: Cautiously optimistic
A recovery is possible.
Oversold conditions and attractive entry points could support further gains, though volatility is likely to remain high.
Medium-term: Conditional
Not yet confirmed.
A more substantial recovery would require the stabilization of foreign investor inflows, supportive earnings data, and a more durable improvement in sentiment toward the global technology market.
In summary: I view the 3.3% move not as proof that the downtrend has ended, but as a promising first step. Earnings expectations for the semiconductor sector provide a firmer foundation for this recovery—moving it beyond a mere technical rebound—but the market must demonstrate that buyers are willing to hold their positions, even amidst renewed volatility.
A key factor to watch in the near term will be the earnings outlooks from SK Hynix and Samsung Electronics, set to be released on October 28 and October 29, respectively. These reports could prove decisive in determining whether the recent sell-off was an overreaction or if it reflects a more fundamental reassessment of the AI-driven memory market.
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