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Price Prediction

This analyst predicted the collapse of the price of Dogecoin – here are the rest of the expectations

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The price of Dogecoin has shattered alongside the rest of the encryption market, and this has led to a highly important support level. This collapse referred to less than $ 0.18 to a tide turbulence, and this may lead to the next wave of declines. The encryption analyst had previously expected the market to decrease, describe it before it started. However, not everything Bad news for Mimi coin Since the longest time frameworks offer more options over time.

Dogecoin price is still optimistic in the long run

Ananda, the encryption analyst in the TradingView interview mail Where the price of Dogecoin can go after that. At the time of the post, the price of Dogecoin was still trading near the level of $ 0.2, and the market was still in an upward path. While positive feelings seemed to return to the market at the time, the analyst was calling for the possibility of decline.

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Master Ananda explained that the price of Dogecoin is still completely declining, but this was only on the short -term time frame. This only leaves the long -term timetable for joy, and so far, it appears that the direction of the Meme Coin market plays the way the encryption analyst predicts.

He called for a correction, using the lowest level in April 2025 as the basis and the lower heights that were formed as a result. This began again in December 2024 when the price of Dogecoin began to put lower levels, indicating a market drop.

Nowadays, the price of Dogecoin was It fell without support of $ 0.18The analyst simply indicated that it was a continuation of the decline that started on May 11 after the market was recovered. While this is a short -term decline, indicating that there may be more correction to go, the analyst does not expect to last long.

Dogecoin price
Source: TradingView

Where can the price of Doug move from here

As for the current Dogecoin price correction, Master Ananda expects the price below its lowest level on April 7, which was above $ 0.13. This would put Mimi currency At about $ 0.15 before the bottom is, the recovery is expected to start.

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The encryption analyst urged investors, especially those who hold spot bags, to wait for dust. After this, it is Altcoin is expected to turn up again. For traders, it is advised to be careful and not to keep trade for a long time, as the range is short.

“We are very likely to get a low decline compared to April 7,” Master Ananda predicted. “If many of the open -use situations are open although the market wants to remove them, there may be a long removal that penetrates support to work to restore the next day.”

Dogecoin price scheme from Tradingview.com
Doug is still less than $ 0.18 support source: Dogeusdt on TradingView.com

Distinctive image from Dall.e, Chart from TradingView.com

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