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The DOGS price soared 7% in the past 24 hours to trade at $0.001069 as of 00:29 a.m. EST on trading volume that skyrocketed 61% to $586 million.
DOGS Price Prediction: DOGS Could Continue Soaring
The DOGS price has rebounded from its bearish trend, with the price movements forming a cup and handle pattern.
The DOGS price bulls aim to capitalize on the pattern to stage a trend continuance above the tip of the cup and handle at $0.001101.
DOGSUSD Price Analysis (Source: GeckoTerminal)
DOGS is now trading above the 50-day Simple Moving Average (SMA), which suggests that the price is now on a bullish momentum.
Furthermore, the Relative Strength Index (RSI) is moving up, currently at 59, a signal that the buyers now have the upper hand, a confirmation of an uptrend.
The Moving Average Convergence Divergence (MACD) also shows signs of a continued uptrend, as the MACD has now crossed above the neutral zone. Additionally, the blue MACD line has also crossed above the signal line (orange), which shows a bullish crossover and a likely bullish trend in the coming days.
Moreover, the volume and the price diverge as the price moves down while the volume moves up, showing a strengthening momentum.
If the positive momentum continues, the price of DOGS could soar, as the bulls target $0.001230.
However, a bearish stance at this level could drive the DOGS price back to the 50-day SMA at $0.001039.
As the DOGS price soars, a new Olympic-themed meme coin called The Meme Games (MGMES) is barreling towards $500k in funds raised in its presale.
According to 99Bitcoins, a popular crypto channel on YouTube with over 706K subscribers, MGMES could soar 100x after its launch.
The Meme Games Presale Amasses Over $422K In Presale
The Meme Games presale will end on Sept. 8, coinciding with the last day of the Paralympics in Paris, before token claim and launch on DEXs on Sept. 10.
This means that you only have two days left to buy the meme coin and earn a chance to win a 25% token bonus.
CRYPTO BREAKING NEWS
The Meme Games raises over $100K on opening day of presale. The Meme Games presale raises over $100K in its first 24 hours, capturing attention in the booming memecoin sector. #partnercontent check us out @ https://t.co/8dh137buUp pic.twitter.com/YwzyP2glE4— InnovatekMobile (@Neome_com) July 17, 2024
The͏ M͏eme Games ͏i͏s ͏revoluti͏onizi͏ng the meme tok͏e͏n sp͏ace ͏with its un͏i͏que gamified a͏ppro͏ach. It b͏rings t͏ogether ͏po͏pular crypto͏ meme͏ co͏in charac͏t͏ers i͏n an Olympic-s͏tyle͏ c͏ompet͏i͏tion͏.
Here, investors support a meme character of their choice, which acts as an athlete competing in the blockchain version of the Olympics. If an investor’s chosen meme coin wins, there is is a 25% bonus on the original purchase.
As a token holder, you can also earn passively through the project’s staking mechanism. All you have to do is buy and stake $MGMES for an annual percentage yield (APY) of 457%.
You can buy $MGMES tokens now for $0.0094 each. With a price hike coming in less than 90 minutes, buy quickly to lock in the best deal.
To join the presale, buy $MGMES from the official website here using ETH, BNB, USDT, or a bank card.
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