Dogecoin Deviates From Established Bullish Trends, Is It Headed For Another Red Month?

Dogecoin's price performance in 2025 differs significantly from the 2021 bull market. While Dogecoin gained 711% in January 2021 and 26% in February 2021, it saw a 4% gain in January 2025 and a 20% loss so far in February 2025. This contrasts with the first four months of 2021, where Dogecoin continued to see gains, including 11% in March and 546% in April. The 2017 bull run offers a different comparison, as Dogecoin experienced a 7% loss in January and a 2% loss in February before rallying in the following months. One analyst suggests Dogecoin may experience further short-term price drops based on a "death cross" indicator, which historically preceded 26% and 44% price declines. Dogecoin is currently trading around $0.26, a 3% decrease over the last 24 hours. The analyst suggests a price breakout above $0.27 is needed for a potential upward trend reversal.