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Cryptocurrency News Articles

Dogecoin (DOGE) Price Prediction: Will the Dip Be a Trap?

Apr 18, 2025 at 05:22 pm

In our last dogecoin price prediction, we talked about a potential reaction from a nearby supply zone.

Dogecoin (DOGE) Price Prediction: Will the Dip Be a Trap?

In our last Dogecoin price prediction, we discussed the possibility of a reaction from a nearby supply zone.

And just like that, Doge showed respect for the map—reacting, especially cleanly from the H1 supply, which reaffirms how crucial structure is in charting.

Now, things are heating up again with new developments.

What’s the current scenario?

Zooming into the M15 timeframe, one aspect really jumps out: liquidity is being left behind.

Yep—price has moved just enough to leave a trail of untapped liquidity below. Those familiar with the market know how this game unfolds. That kind of liquidity often acts like a magnet.

So, what might transpire?

We could witness a swift drop to sweep that liquidity, followed by another ascent to the upside, potentially testing the higher levels again. Could it be a trap to shake out weak hands before a launch?

Anything is possible. But as always… no guarantees.

This brings to mind a time when I thought I had the perfect entry lined up—textbook confluence, price at the edge of supply. But lo and behold, it swept the lows first, tagged the demand, then soared while I was still hesitant. It’s incredible how these moments shape our understanding of the market.

But let’s face it…

The market does as it pleases. These are potential scenarios based on the current chart, not absolute truths. Always manage your risk and be adaptable.

Final Thoughts

If Dogecoin dips slightly to mop up that M15 liquidity, I’d be interested to see if it finds strength for another rally. The H1 supply reaction was noteworthy, but price might not have finished unfolding its narrative.

And if you’re looking to catch these moves with lower fees and higher precision, I suggest checking out Weex, my preferred trading platform for rapid executions and a streamlined interface.

Original source:bitcoinsensus

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