Dogecoin (DOGE) has been popular among cryptocurrency enthusiasts, due to its meme factor and support from Elon Musk. The market is however shifting, and technical analysis says that DOGE could be heading for a major downturn. Experts are sounding the alarm that a death cross is close at hand, a bearish sign that may lead to significant price drops. Meanwhile, a rising competitor, DTX Exchange, is capturing attention at just $0.18 per token, offering traders a fresh opportunity in the evolving crypto landscape. Could DTX be the altcoin that dominates 2025 while DOGE struggles to stay afloat? Dogecoin’s Death Cross Signals Trouble According to TradingView and U.Today, Dogecoin is approaching a death cross, a chart pattern that takes place when the 50-day moving average goes below the 200-day moving average. If this pattern continues, analysts predict DOGE to fall to $0.18, which is a 26% decline from its current position. In the most extreme scenario, Dogecoin's price may drop even lower to $0.13, which will result in a 40% drop in current levels and a 72% crash in its record highs. Yet, there is a rumor that the market already accounts for this event. Some traders believe that the death cross could be a bear trap and thus may trigger a potential stabilization or even a bounce in price. Nevertheless, overall sentiment is still bearish as meme coins struggle in the crypto space. Source: Tradingview Elon Musk’s Influence Faces Its Biggest Test Elon Musk has been a key driver of Dogecoin price action in the past. His X (formerly Twitter) posts, Tesla merchandise purchases with DOGE, and public statements have helped fuel Dogecoin rallies. Yet even Musk's power appears to be declining against technical issues and a struggling wider crypto market. Can Musk reverse the death cross or will Dogecoin's price continue to slip further? Some are still hopeful that Musk will continue to show support for DOGE, either through Twitter integration or other projects. However, as the charts turn red and sentiment shifts, many investors are beginning to lose confidence in Dogecoin’s ability to recover. DTX Exchange: The $0.18 Token That Signals the End of the Meme Coin Era With the crypto space growing, the emergence of tokens that have real-world utility, such as DTX, indicates that the era of meme coins is fading. Although Dogecoin was a huge success story, its future hangs in the balance, particularly with technical indicators like the Death Cross flashing a bearish signal to investors. As Dogecoin threat of a catastrophic decline, a new altcoin is moving into the spotlight: DTX Exchange, currently trading at merely $0.18, DTX has attracted massive attention, especially from those interested in diversifying from meme coins to projects that have greater utility and growth prospects. Unlike DOGE, DTX is a real utility token. DTX is already gaining momentum, having launched with a $0.36 listing price, meaning early investors stand to double their investment. But DTX isn’t just about price—it’s reshaping the landscape of crypto exchanges. DTX Exchange provides non-custodial trading, which means that users have complete control over their assets and never have to worry about frozen accounts or data loss. It also has deep liquidity, providing efficient and smooth trading with little price slippage, which new exchanges cannot easily provide. As Dogecoin struggles with declining momentum, investors are seeking something better. DTX Exchange has renewed interest due to its solid institutional support and practical value. At just $0.18, the presale is almost sold out which shows great investor confidence and makes it as a leader in the crypto space. Will Dogecoin survive, or will DTX take the lead? The choice is in the hands of investors. To know more about the DTX Exchange, Visit: Visit Website Buy Presale Join Community Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
