DOGE, SHIB Rally 3%—And Here’s Why That Should Terrify Bulls
Posted On January 26, 2026
Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) rallied 3% on Monday but both remain below all major moving averages after 60% crashes from 2024 peaks.
DOGE: Dead Cat Bounce Or Real Reversal?
Dogecoin is up 3% today, but the rally looks like a technical bounce in a brutal downtrend.
After reaching highs around $0.30-$0.32 in September 2025, DOGE has crashed approximately 60% to current levels.
The price is trading below all major EMAs in complete bearish alignment:
- 20 EMA: $0.13040
- 50 EMA: $0.13728
- 100 EMA: $0.15236
- 200 EMA: $0.17296
Moreover, bollinger bands show DOGE trading near the lower band at $0.11616, suggesting the asset may be oversold in the short …
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