Dogecoin (DOGE) has lost 18% in the past month as the October 10 flash crash triggered a mini bear market for most cryptocurrencies.

Paired with some hawkish comments from the head of the Federal Reserve, Jerome Powell, in late October, negative momentum has accelerated lately.

Today, crypto liquidations have spiked beyond $1.3 billion, but Dogecoin (DOGE) has managed to stay afloat. In the past 24 hours, it has booked a 0.7% gain while most of the market is tanking.

The main catalyst for this latest downtrend was the Federal Reserve’s hesitation regarding an expected interest rate cut in December. Powell confirmed that it is now uncertain if they will move forward with such cut. Analysts were forced to revisit their forecasts as this was an unexpected turn of events.

$Doge/monthly#Dogecoin is maintaining its position well above the previous resistance, now turned support ? pic.twitter.com/i8MnrjNTJZ

— Trader Tardigrade (@TATrader_Alan) November 14, 2025

Despite the sell-off, analyst Crypto Tardigrade shared an interesting chart on DOGE that could explain why the top meme coin has trimmed some of its early losses.

This trader, followed by more than 77,000 users on X, claims that DOGE is bouncing off a former trend line resistance that has now turned into support.

After a bullish breakout above this key line, Tardigrade sees Dogecoin recovering in the next few days as negative momentum may have already hit extreme levels.

As Investors Panic, DOGE Seems Poised to Make a Comeback

The Fear and Greed Index has plummeted to 22 today. Investors seem to have panicked despite the end of the U.S. government shutdown.

When market sentiment hits these extremes, it tends to attract the ‘smart money’ as it means that investors are frantically selling with no real reason to support their decision.

This panic-selling could open up a door of opportunity for late buyers who failed to catch the April-September rally. They now have the opportunity to scoop up some Dogecoin at a much lower price.

The daily chart for DOGE also shows that the token has hit a key trend line support from which it bounced strongly in August last year.

The next few days will be critical, as a move toward the 200-day exponential moving average could indicate that DOGE is ready to resume its uptrend.

Based on the price channel shown in the chart, we could see DOGE hitting $0.40 at some point in the next few weeks if negative momentum eases.

This means an upside potential of nearly 175% for DOGE in the mid-term. Meanwhile, if the trend line support is broken, the top meme coin could dive to much lower levels, possibly to $0.13 first, and then to $0.09.

This downside potential is meaningful, but it seems highly unlikely that such a correction will take place, as momentum readings are already hitting extreme lows.

Meanwhile, a hot crypto presale called Maxi Doge ($MAXI) has been attracting the market’s attention. This token is inspired in the top meme coin, and could be one of the next cryptos to explode once the market recovers its senses.

Maxi Doge ($MAXI) Brings Meme Coins’ Energy to the Trading Community

Maxi Doge ($MAXI) injects the chaotic spirit of degen trading into a single meme-driven community. Instead of focusing on utility like faster payments or AI tools, $MAXI leans fully into what retail traders already love: high-risk/high-reward plays, hyped-up tokens, and competitive challenges.

The project will build a hub that will let traders compare their charts, discuss strategies, and crowdsource ideas normally reserved for private groups.

Holders also get access to weekly trading competitions and themed challenges like “Max Ripped” and “Max Gains”, through which they can compete for attractive rewards and bragging rights.

Maxi Doge will also use up to 25% of the presale’s proceeds to invest in the most promising tokens of the cycle, using the gains to further boost its marketing campaigns to raise awareness and make $MAXI known.

To buy $MAXI before the next price increase, simply head to the Maxi Doge website and connect your wallet.

You can either swap USDT or ETH or use a bank card to invest.