Doge Price Crashes 20% to $0.1300 – Is This the Last Chance to Buy Before a Massive Bounce?

With the wider cryptocurrency market falling apart, the Doge price has dropped over 20% in the last 24 hours. Nonetheless, according to analyst Kevin (@Kev_Capital_TA), DOGE is holding above a crucial bull market line that might provide long-term upside if macro conditions remain steady. From his most recent analysis, the $0.1300 level is still the bulls’ last front. Most altcoins are buckling under strain; if liquidity patterns turn, Kevin’s chart work implies this reset phase could present one of the best setups for astute traders, especially given the current Bitcoin price pressure seen across markets.

DOGE Support, Macro Backdrop, and Technical Line in the Sand

Multi-timeframe technical level around $0.1300, which Kevin terms “the last line of bull market support” in Dogecoin, drives his argument. DOGE might go upward once main momentum indicators start to reset, including the 3-day MACD and 2-week Stochastic RSI, if it can prevent a verified weekly close below this level. Kevin is, though, also monitoring macro liquidity. He contends that DOGE is retesting the upper of its prior bear market range, which corresponds to a significant Fib retracement level from the last cycle, by superimposing the Global Liquidity Index on the Doge price chart. 

According to him, if the Bitcoin price remains above $70K, world liquidity patterns start to relax. He does, but he cautions that the bull argument falls apart if Dogecoin finishes “durably below” the $0.1300 level. Sentiment is poor, but structural support is now intact; DOGE stands on a knife-edge. As this could decide if the next action is a relief rally or a more profound reset, traders are observing this bounce squarely. The broader crypto news cycle will also likely shape short-term action. Let’s take a look at the Doge price prediction to see how badly Doge is hit by the bears.

Doge Price Prediction for April 7, 2025

On the five-minute graph, Dogecoin (DOGE/USDT) showed signs of a recovery following support around $0.1300 and a bounce to $0.1364. Failing to pull above recent resistance levels near $0.1450 and $0.1500, the price had been in a protracted downward trend. But following several entries into an oversold state, as shown by the RSI under 30, DOGE rebounded, and the RSI currently sits at 55.23, suggesting some strength is returning in the short term.

Chart 1: Analysed by vallijat007, published on TradingView, April 7, 2025

With the MACD line climbing above the signal line and the histogram turning green, a bullish crossover has just developed. Although this technical setup underpins the bounce, DOGE needs to hold above $0.1350 to prevent a fake-out. If this level is not passed, Dogecoin may drop back toward support; therefore, important resistance is between $0.1400 and $0.1450. At present, momentum is a bit positive, but the general tendency is rather weak. Especially in a usually bearish crypto news setting, sustained purchasing is required to confirm the reversal.

Momentum Shifts as Dogecoin Attempts Recovery

With RSI back over 50 and MACD turning bullish, Dogecoin is giving an early indication of recovery following a fall from $0.1300. Although the movement needs verification, the short-term direction is stabilizing. To prevent another breakdown, holding above $0.1350 is crucial. Failure there threatens a fresh drop, but a tidy push over $0.1400–$0.1450 could create space for a more general recovery. Although momentum is building, traders should closely follow volume and liquidity conditions before preparing for upside. Watch closely how the Bitcoin price behaves as it continues to influence altcoins like DOGE.