DOGE, SHIB rally 3% but remain below major moving averages after 60% crashes from 2024 peaks. DOGE: Dead Cat Bounce or Real Reversal? Trading below EMAs: 20: $0.13040, 50: $0.13728, 100: $0.15236, 200: $0.17296. DOGE oversold at $0.11616.
Dogecoin (DOGE) and Shiba Inu (SHIB) saw a 3% increase in value on Monday but are still below key moving averages following a significant 60% drop from their peak values in 2024. Dogecoin specifically has experienced a downturn, with current levels showing a 60% decrease from its peak around $0.30-$0.32 in September 2025. The price of DOGE is currently lower than all major EMAs, indicating a bearish trend: 20 EMA stands at $0.13040, 50 EMA at $0.13728, 100 EMA at $0.15236, and 200 EMA at $0.17296. The asset is also close to the lower Bollinger Band at $0.11616, potentially signaling oversold conditions in the short term. This information is available on Benzinga.com.
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