Dogecoin Price Prediction: DOGE Pumps 15% As This New PEPE Upgrade Soars Past $23 Million In Presale

Dogecoin Price Prediction

The Dogecoin price has surged by 15% in the last 24 hours, reaching $0.1646 as of 3 a.m. EST. This increase has been accompanied by a 145% surge in trading volume, reaching $3.76 billion.

Technical Indicators

Dogecoin's technical indicators suggest that there may be further potential for growth. The Bollinger bands, which had been wide during yesterday's surge, have narrowed in recent hours, indicating a potential bullish correction. The price has fluctuated between the lower band and the middle point of the bands, but it now appears to be preparing for a push towards the upper band, which could lead to further widening.

Relative Strength Index

Meanwhile, the Relative Strength Index (RSI) has behaved bullishly. After briefly dipping into the neutral zone, it has reversed and is showing signs of another growth. This suggests that while some traders have sold DOGE to take profit, many remain optimistic about a further increase in value.

Outlook

If the positive momentum continues, DOGE could experience another surge in the coming hours. Support at $0.165 provides a strong foothold. Unless there is a significant market correction, Dogecoin has the potential to reach levels seen in March and April of this year.