The market tanked during the weekend and pushed meme coins, including DOGE, to key levels that can either make them or break them.
As the token hits a key support, cascade liquidations are questioning bullish Dogecoin price predictions – can DOGE withstand the turmoil?
Data from CoinGlass shows a spike in liquidations on both Saturday and Sunday, despite the weekend’s usual thin liquidity.
Over $600 million worth of long positions were wiped out during this period as the price of Bitcoin (BTC) fell below $80,000 and retested its April 2025 lows.
Meanwhile, DOGE’s long liquidations reached their third-highest print in the past 90 days on Friday, as $22.3 million worth of positions evaporated as the price dipped to $0.10.
This level has both technical and psychological implications for Dogecoin.
Losing this key support could lead to a more severe downturn, while a strong bounce could be an early indication that the price will make a comeback.
Dogecoin Price Prediction: Falling Wedge Reaches Tipping Point – 300% Gain Ahead?
Dogecoin has dropped by 66% since October as the flash crash apparently broke something in the market.
However, the Relative Strength Index (RSI) just hit oversold in the daily chart, setting the stage for a strong bounce as sellers have gone too far.
A falling wedge has also formed as a result of the latest price action. This is typically a bullish pattern that anticipates a reversal.
Paired with the RSI’s contrarian signal, DOGE could be getting ready to climb back to $0.20 first and then $0.30 for a total upside potential of 300%.
As DOGE gears up for its next big move, all eyes are turning to a new dogecoin-themed meme coin presale, Maxi Doge ($MAXI).
Still in presale, this new Ethereum-based token has already pulled in over $4 million, capturing the same explosive energy that sent Dogecoin from internet punchline to a billion-dollar phenomenon.
Maxi Doge ($MAXI) Presale: The “Giga-Chad” Evolution of Doge
Maxi Doge ($MAXI) is a presale building a hyped community for “degen” traders who know that the only way out of mom’s basement is YOLO trades and 1000X leveraged meme coin bets.
Inspired by the legendary Doge but supercharged with a gym-bro persona, $MAXI focuses on the thrill of high-stakes trading.
$MAXI has already flexed its muscles, raising over $4.5 million and signaling massive community interest in its ongoing presale.
Holding $MAXI grants you access to an idea hub, a friendly space where traders share the latest market insights and strategies.
Also, to keep everyone “vibing”, this project will promote contests like “Max Ripped” and “Maxi Gains”, designed to reward top performers through weekly trading challenges and ROI hunts.
If that’s not enough, early adopters can also lock up their tokens and immediately enter a staking pool that currently offers a 68% APY.
To buy $MAXI at the current presale price, visit the official website and connect a wallet like Best Wallet.
You can swap ETH or USDT or use a bank card to buy in a few clicks.
Visit the Official Maxi Doge Website Here
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