Ben The Dog Price Prediction: BENDOG Soars 504% In A Week, But Analysts Say Consider This Solana Rival For 100X Gains

The Ben The Dog price has surged 504% in a week and 140% in the last 24 hours to trade at $0.06927 as of 03:43 a.m. EST on trading volume that dropped 315% to $188 million.

The weekly surge comes after the token was listed on the Bybit cryptocurrency exchange, which raised its profile and gave investors easier access to the BENDOG token.

Yes! $BENDOG IS NOW LIVE ON @bybit_official 🚀🚨

Please to have joined the party @benbybit 🙏

All info & links can be found below ⬇️📈 https://t.co/7NRi8Y0ebA pic.twitter.com/yepdDjThGe

— Ben The Dog (@ben_dog_) June 3, 2024

Ben The Dog Price Bulls Eye A New ATH Over The Bullish Pennant Pattern

The Ben The Dog price has been in a consolidation phase since the end of May. In the last 3 days, the bulls have been able to use the rounding bottom pattern to push the price through a markup phase and above the resistance zone at $0.040, as data from GeckoTerminal shows. 

Currently, BENDOG is trading within the bullish pennant pattern, as the bulls aim for a trend reversal to drive the token over the upper boundary of the pennant.

BENDOG trades well above both the 50-day and 200-day Simple Moving Averages on the 1-hour chart, confirmation of the continued bullish move.

Moreover, BENDOG’s upward potential is further supported by the Relative Strength Index (RSI) closing in on the 70-overbought region, currently at 67, showing intense buying pressure.

The Moving Average Convergence Divergence (MACD) also signals a bullish stance for the price, as the MACD line (blue) crosses over the signal line (orange), forming a bullish crossover.

Ben The Dog Price Prediction

The Ben The Dog price analysis shows that BENDOG is currently on a slight retrace within the bullish pennant pattern, but shows signs of a rebound, which could push the token to a new all-time high (ATH) above $0.09.

However, if the bears keep on exerting pressure to push BENDOG toward the lower boundary of the pennant, the bulls could retreat to the next support level around $0.042, coinciding with the 50-day SMA.

As the BENDOG price gears up for another bullish run over the bullish pennant, investors are also bullish about Sealana, a new Solana meme coin that has demonstrated its potential by raising over $3 million since its presale launched.

Analyst CryptoBoy on YouTube says the token has the potential to soar 100X after launch.

Sealana Presale Raises Over $3 Million – Best Meme Coin Alternative?

Sealana (SEAL) is based on a chubby seal who has taken a deep dive into the Solana Sea. Stuck at his PC searching for the next big meme coin, he loses his once sleek and agile figure after gorging on a trader’s diet of chips and tuna.

New Meme Crypto ‘Sealana’ Attracts Whales As Solana Price Recovers.
#SolanaMemecoin pic.twitter.com/zqP73U7Mk3

— TechStory (@TechStoryin) May 5, 2024

SEAL started life as a Solana-only coin, but has since expanded its reach by going multichain with a BNB Chain version of the token. It can also be purchased on the Ethereum network, widening its appeal across crypto communities.

The project is a ”Send SOL” presale with no timer, stages, hard cap, or even a whitepaper. The presale can thus end at any time, indicating that those interested in buying should not delay for too long.

To participate in the presale, visit the official website to buy SEAL tokens here. One $SEAL costs $0.022.

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