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Dogecoin hits 65-day streak below 20-day average, signaling weak retail interest in crypto rally.

Technical Signals
22 Jul 2026
Benzinga
View Source
Bearish
pluang ai news

Dogecoin (DOGE) has closed below its 20-day moving average for a record 65 consecutive sessions, marking a significant bearish trend. This streak, starting May 18, has pushed DOGE down nearly 30%, suggesting retail investors have not yet returned to the crypto market, which may hinder a broader crypto rally. Technical indicators show DOGE struggling near key support levels with bearish momentum, while traders' positions indicate a strong expectation of a bounce that hasn't materialized. However, some analysts note oversold signals that could precede a rally, making the near-term outlook uncertain but potentially poised for a reversal.

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