DOGE was hit hard during the market-wide crash, is it time for recovery?
When the wildest market crash in the recent history of the cryptocurrency markets unfolded Friday and Saturday morning, not a single altcoin was spared from the adverse events that wiped out $900 billion from its entire capitalization.
Naturally, the ever-volatile meme coin sector suffered some of the worst consequences, including its leader. Dogecoin was trading around $0.25 on Friday before the Trump-induced panic caused it to fall below $0.10 on many exchanges.
It’s worth noting that this zing caused DOGE to be dumped to the lowest price position in just over a year. It immediately bounced back in the following minutes and hours, reaching around $0.19.
Daan Crypto Trades illustrated the general behavior of most altcoins, including the OG meme coin. It dropped about 70% from top to bottom before bouncing about halfway through the entire movement. What usually follows is a sideways chop before another correction of 10% to 20%.
“I think these charts would become interesting as they break the initial highs of the bounces. That could be confirmation of the trade.
From then on, until the dumping starts, there are 15-30% inefficiencies/gaps that could probably be filled relatively easily if the price were to reach that point.
As long as prices remain below that point, I assume there will be a relatively volatile increase.”
The current price tag could have a significant impact on DOGE’s future moves. Data from popular crypto analyst Ali Martinez highlights the importance of this level. As such, he noted that this could be a “strong buy-the-dip zone” that could propel the assets forward.
Martinez outlined a substantial increase to $0.48, which sounds quite far-fetched at this point given the latest developments and current market sentiment.
$0.19 seems like a strong buy-the-dip zone for Dogecoin $DOGE before a potential price towards $0.48 arises. pic.twitter.com/e7Q4ocSLO2
— Ali (@ali_charts) October 12, 2025
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