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Dogecoin price has surged 22% in the past week despite falling 2% in the last 24 hours. Traded for $0.170 As of 0:35 AM EST, trading volume was down 37% to $2.06 billion.
Dogecoin Price Prediction: DOGE Targets Bullish Rally
Dogecoin price showed an upward trend in October. Bulls used the $0.11 support zone to push the price through the markup phase. gecko terminal. DOGE has been going through a consolidation phase within the $0.1460 range since mid-October.
The Dogecoin price uptrend then used the lower boundary of the sideways pattern at $0.13 as support, pushing DOGE into a parabolic curve, indicating strong momentum.
DOGE is currently trading above its 50-day and 200-day simple moving averages (SMAs), which supports the overall bullish outlook for the price.
RSI is in bullish territory but not yet overbought and is currently at 65, meaning there is still room for further upside before a reversal risk arises. When RSI reaches overbought levels, we may see a sideways move or decline.
RSI appears to be rebounding towards the 70 overbought area, indicating that the asset is gaining momentum. If this momentum continues, the price of Dogecoin could rise as the bull target is $0.185.
Conversely, if the bears gain momentum around this level, DOGE price could plummet back to the 50-day SMA of $0.1478.
As the price of Dogecoin points towards bullishness, a new memecoin project emerges. Crypto All Star The funds raised through ICO are approaching $3 million.
ClayBro, a prominent cryptocurrency analyst with over 130,000 subscribers, says PEPU has the potential to surge as much as 26x after launch.
Crypto All-Star presale raises over $2.9 million
Crypto All-Stars gives investors the ability to store the best meme coins in one place for the first time.
Why is everyone excited?
In the initial pre-sale phase, Crypto All-Stars raised over $350,000! π°
These early successes show that investors see great potential here. π
Could this be next? $PEPE? π
β web3telepath (@web3telepath) August 15, 2024
This is made possible through the innovative MemeVault, a protocol that allows the best meme coins to be pooled together to earn significant staking rewards, making it an ideal way to maximize returns, especially as meme coins gain strength amid a possible supercycle.
Dogecoin, Shiba Inu, Floki, Brett, Mog Coin, Milady, Turbo, Toshi, Coq Inu, and Bonk can all be staked on the platform, with more meme coins to be added in the coming months. Rewards are paid in STARS.
This feature elevates Crypto All-Star beyond mere speculative value as it provides meme coin holders with the opportunity to earn passive rewards.
Additionally, the project’s 8-bit retro aesthetic gives it a unique visual style that will resonate with many meme coin enthusiasts.
You can also earn passively by staking STARS themselves.ich offers an incredible Annual Percentage Yield (APY) of 534%.
You can purchase the token now for $0.0015309. The price goes up in less than 30 minutes, so if you’re interested, buy it quickly.
Buy $STARS on the official website using BNB, USDT or bank cards..
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