- Recent drop is normal—DOGE needed a retracement after its last impulse
- Accumulation phase? The market is coiling up before its next big move
- Key levels ahead—waiting for confirmation is smarter than rushing in
Dogecoin, like the rest of the crypto market, has seen a sharp decline recently. But before you start panicking, let’s break it down—was this drop expected? Actually, yes.
If we zoom out to the weekly timeframe, the last major impulse never had a proper retracement. Meaning? This pullback isn’t necessarily a sign of weakness but a natural market correction.
Short-Term DOGE Price Prediction: Waiting Game
Right now, there’s not much to do but wait. After strong price movements, DOGE typically slows down, accumulating liquidity both above and below before making its next big move. Think of it like a spring—the more it coils, the stronger the breakout.
Ever heard of the Power of 3 (Accumulation, Manipulation, Distribution)? That’s exactly what could be happening here. The market is trapping weak hands before deciding on its next direction.
Key Levels to Watch
Looking at the charts, these are some potential long-term zones to keep an eye on. If Dogecoin follows historical patterns, we could see:
- A period of sideways movement (accumulation).
- A liquidity grab (manipulation).
- A strong move in one direction (distribution).
Final Thoughts: Patience is Key
At this stage, rushing into trades isn’t the smartest move. DOGE is in a phase where waiting for confirmations makes all the difference.
By next week, we’ll have a clearer picture of whether Dogecoin is setting up for a major breakout or further downside.
Until then, stay patient, stay sharp, and don’t get shaken out by the noise.
