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The Dogecoin price has crashed in addition to the rest of the cryptomarket, and this has led to the fracture of a very important level of support. This crash under $ 0.18 has indicated a turn in the tide, and this can cause the next wave of falls. A crypto analyst had previously predicted this market drop and called it before it started. However, it is not everything Bad news for the meme coin As longer schedules offer more bullish options as time passes.
Dogecoin price still bullish in the long term
Crypto analyst Master Ananda predicted in a trading view after Where the Dogecoin price could be led afterwards. At the time of the post, the Dogecoin price still acted near the level of $ 0.2, and the market was still on an upward route. Although the positive sentiment seemed to return to the market at that time, the analyst cried the possibility of a withdrawal.
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Master Ananda explained that the price of the Dogecoin was still pretty bearish, but this was only in the short term. This only omits the time frame in the long term for the bullishness, and so far the market trend of the Meme Munt seems to play as the crypto analyst predicted.
He called for a correction, using the Low in April 2025 as the basis and the lower highlights that were formed as a result. This had started in December 2024 when the Dogecoin price had started with lower highlights, suggesting that Bearfishness built up on the market.
Currently, as the Dogecoin price has Fell back under the support of $ 0.18Just be the analyst that it was a continuation of the decline that had started on 11 May after the market recovery. Although this is BEARISH for the short term, which suggests that there can be a little more correction, the analyst does not expect it to take a long time.
Where can the doge price go from here
Regarding the bottom of the current price correction of the Dogecoin, Master Ananda expects the price above the lows of 7 April, which were higher than $ 0.13. This would be stabbed the meme coin At about $ 0.15 before the bottom arrives, and then the recovery is expected to start.
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The crypto analyst urged investors, especially those with spot pockets, to wait until the dust settles. Then, he Expect the Altcoin to be bullish again. For traders who are inadequate, he advises caution and does not keep it too long to keep the trade, because the reach is short.
“We are probably a higher layer compared to 7-April,” Master Ananda predicted. “However, if too many lifting tree positions are open and the market that wants to remove, there can be a long wick that pierces the support for the action to recover the next day.”
Featured image of dall.e, graph of tradingview.com