Potensi Breakout Dogecoin di 2024 dan Efek Tularnya terhadap Shiba Inu serta Furrever Token

Technical Indicators Suggest Potential Dogecoin (DOGE) Breakout in 2024

Technical indicators signal a possible Dogecoin (DOGE) breakout in 2024, potentially affecting other cryptocurrencies such as Shiba Inu (SHIB) and Furrever Token (FURR). Arthur Hayes recently disclosed his ongoing DOGE accumulation, and The Sandbox revealed its holdings of various meme coins, including DOGE and SHIB.

Strong Breakout Signal

The Relative Strength Index (RSI) on the daily chart indicates a potential breakout. Recently, the RSI hovered around 32.55, approaching an oversold zone. This suggests a possible reversal in the downward momentum.

For confirmation, the RSI should remain above 50, the 38 moving average, and candlesticks above the MA200 ($0.12768) and MA50 ($0.15115), which are significant resistance levels.

Positive News

In addition to technical analysis, news highlights support for Dogecoin:

• Arthur Hayes, the former BitMEX CEO, has confirmed his ongoing DOGE accumulation.
• The Sandbox metaverse platform announced its holdings of meme coins like DOGE, PEPE, and SHIB.

This support indicates continued interest in DOGE, despite its distance from its all-time high of $0.7376.

Impact on SHIB

As fellow meme coins, DOGE's potential breakout may indirectly impact SHIB. Presently, SHIB's RSI is around 31.10, indicating an oversold zone. Like DOGE, SHIB's RSI must break above its average, 50, and candlesticks above the MA200 ($0.00001861) and MA50 ($0.00002370) for a bullish reversal.

Furrever Token (FURR)

Furrever Token (FURR), a meme coin featuring cats, is nearing the end of its presale and plans to list on major DEXs. Its value relies heavily on community support and speculation. FURR has reportedly raised over $1.3 million in its presale, currently in its ninth stage. Securi Lab has verified the security of its token code.