Dogecoin Price Prediction: DOGE Soars 171% In A Month, But Experts Say This Vote-To-Earn Meme Coin Might Be The Best Crypto To Buy Now

Dogecoin Bullish Rally Continues

Dogecoin (DOGE) has experienced a surge of 171% in the past month and 2% in the last 24 hours, reaching $0.4389 on trading volume of $11.3 billion, a 40% increase.

Technical Analysis

After its parabolic surge in November, DOGE has maintained a range within $0.44, forming a double bottom pattern. This could facilitate a further upward trend.

Dogecoin remains above the 50-day and 200-day Simple Moving Averages (SMAs), which provide immediate support.

The Relative Strength Index (RSI) at 62 and rising suggests room for continued upside action without being considered overbought.

The Moving Average Convergence Divergence (MACD) indicates a bullish trajectory, with the blue MACD line crossing above the orange signal line.

Potential Targets and Support

If the bullish trend persists, DOGE could target $0.60. Conversely, if bears exert pressure, it could fall back to $0.3168, the 200-day SMA.

Flockerz Presale

Amidst Dogecoin's rise, some investors are considering presales such as Flockerz (FLOCK), which has reportedly raised $4.1 million. FLOCK supports a vote-to-earn (V2) model, where token holders participate in decision-making and earn rewards for voting.

Related News

• [New Cryptocurrency Releases, Listings, & Presales Today](https:/)
• [5 Best Cheap Cryptos to Invest Now Under 1 Dollar](https:/)
• [Trending Meme Coin Catslap (SLAP) Price Jumps 40%](https:/)