,The Dogecoin price dropped 4% in the last 24 hours to trade at $0.1443 as of 11:42 p.m. EST on trading volume that plunged 5% to $1.02 billion.
This comes as DOGE’s daily averages appear on track to confirm a bullish golden cross. The 50-day Simple Moving Average (SMA) on the 4-hour chart is now trending north and looks set to cross above the 200-day SMA in the upcoming weeks, confirming a golden cross.
That means near-term price momentum could soon outperform long-term momentum, which could evolve into a prolonged bullish trend.
Dogecoin Price Set To Rally Above The Falling Wedge Pattern
截至晚上 11:42,狗狗幣價格在過去 24 小時內下跌 4%,交易價格為 0.1443 美元。美國東部時間交易量暴跌 5%,至 10.2 億美元。 4 小時圖表上的 50 日簡單移動平均線 (SMA) 目前呈北移趨勢,並有望在未來幾週內突破 200 日移動平均線,確認金叉。跑贏長期勢頭,這可能會演變成長期看漲趨勢。
DOGEUSD Chart Analysis Source: Geckoterminal.com
DOGEUSD 圖表分析 資料來源:Geckoterminal.com
Geckoterminal’s analysis reveals that Dogecoin has been on a downward trajectory over the last week, following a surge that took it to a resistance level of around $0.168.The Dogecoin price has since been on a downtrend, trading within a falling wedge pattern as it found support around the $0.142 level.
The DOGE bulls are aiming to drive the price above the upper boundary of the wedge, which is set to drive the price to higher levels.
DOGE also trades below both the 50-day and 200-day SMAs, which coincides with the current price downtrend within the falling wedge.
Moreover, the readings on the Relative Strength Index (RSI) show that buyers are starting to buy as the indicator moves towards the 50-midline level, currently trading at 41.
Dogecoin Price Prediction
The Dogecoin price analysis on the 4-hour chart indicates that DOGE is set for a bullish trend reversal over the falling wedge pattern, as the bulls target $0.1704.
With the 50-day and 200-day SMA set to merge, the formation of a golden cross will encourage the bullish trend, which could push the price even higher.
However, if the bears sustain the downtrend, DOGE could retrace further to the support around $0.1326, acting as a cushion against downward pressure.
As the DOGE bulls gear up towards a bullish trend, some traders are diversifying their portfolios with Dogeverse, a Dogecoin derivative ICO that aims to follow the same trail to the top of the meme coin rankings as dog-themed peers like Dogecoin and Shiba Inu.
That is a key reason why crypto analysts like Jacob bury believe that Dogeverse has the potential to soar 100X after launch.
Geckoterminal 的分析顯示,狗狗幣在上週飆升至 0.168 美元左右的阻力位後,一直處於下行軌道。多頭的目標是將價格推至楔形上限之上,這將推動價格升至更高水平。相對強弱指數(RSI) 的讀數顯示,隨著該指標向50 中線水平移動,目前交易價格為41,買家開始買入。在下降楔形形態上出現看漲趨勢反轉,多頭目標為0.1704美元。趨勢,DOGE 可能會進一步回撤至0.1326 美元附近的支撐位,充當下行壓力的緩衝。狗幣衍生性商品ICO,其目標是像狗狗幣和柴犬等以狗為主題的同類產品一樣,在模因幣排名中名列前茅。後有潛力飆升100 倍。
Dogeverse Presale Blasts Past $15 Million – Last Chance To Buy Before Launch
Dogeverse (DOGEVERSE), the world’s first chain-traveling Doge, has already made a significant impact in the meme coin sector by raising over $15 million in its presale. The project is now offering a last chance to buy before it launches.
Dogeverse 預售突破1500 萬美元——發布前的最後購買機會Dogeverse (DOGEVERSE) 是世界上第一個鍊式旅行Doge,透過預售籌集了超過1500 萬美元,已經在模因幣領域產生了重大影響。該項目現在提供了推出前最後的購買機會。
It's now or never! 🚀
Buy some $DOGEVERSE before the #DEX launch kicks off!#Memecoins #Altcoins #Solana#Ethereum #DOGE
— DogeVerse (@The_DogeVerse) May 5, 2024
機不可失,勿失良機! 🚀 在 #DEX 啟動之前購買一些 $DOGEVERSE! #Memecoins #Altcoins #Solana#Ethereum #DOGE — DogeVerse (@The_DogeVerse) 2024 年 5 月 5 日
Such impressive fundraising not only demonstrates resilience in current market conditions but also positions the coin to influence the trend toward multi-chain integration in the meme coin realm.
The project supports multiple major blockchains, including Ethereum, BNB Smart Chain, Polygon, Solana, Base, and Avalanche, which enhances its reach and liquidity.
如此令人印象深刻的籌款不僅體現了當前市場狀況的韌性,而且使該幣能夠影響模因幣領域多鏈整合的趨勢。 、Polygon、Solana、Base和 Avalanche,增強了其影響力和流動性。
🌐 Embracing Inclusive Accessibility! 🚀
$DOGEVERSE opens its doors to a wide audience, from #Ethereum aficionados to those preferring the rapid, cost-effective benefits of #Solana or #Polygon, fostering a diverse and inclusive community. 🐕🌟 pic.twitter.com/sXPOvaoz67
— DogeVerse (@The_DogeVerse) April 12, 2024
🌐擁抱包容性無障礙! 🚀 $DOGEVERSE 向廣泛的受眾敞開大門,從 #Ethereum 愛好者到那些喜歡 #Solana 或 #Polygon 快速、經濟高效的好處的人,培育一個多元化和包容性的社區。 🐕🌟 pic.twitter.com/sXPOvaoz67 — DogeVerse (@The_DogeVerse) 2024 年 4 月 12 日
The project’s mascot, Cosmo the Doge, has the ability to hyperjump between crypto networks, which gives Dogeverse the ability to move across chains and widens its accessibility within the crypto realm.
Users can earn passively through the platform’s staking system, with an impressive 67% annual percentage yield (APY) on offer.
You can participate in the presale by buying $DOGEVERSE for $0.00031 per token. Buy soon, though, before the team launches the token on major exchanges.
Buy $DOGEVERSE on the official website here using ETH, USDT, or a bank card.
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該專案的吉祥物Cosmo the Doge 具有在加密網路之間進行超級跳躍的能力,這使得Dogeverse 能夠跨鏈移動並擴大其在加密領域內的可訪問性。高達67%提供年度百分比收益率 (APY)。不過,請在團隊在主要交易所推出該代幣之前盡快購買。
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最佳 Meme 幣 – 完整清單 🚀 狗狗幣價格預測:DOGE 會在 2024 年達到 1 美元嗎? 🐶💰 🐕📈 2024 年柴犬價格預測:🚀 登月還是📉 迫降?