Search Inside Bitcoins

Department Of Government Efficiency Price Prediction: DOGE Plummets 23% As Experts Say This Rival Might Be The Best Crypto To Buy Now

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

Department of Government Efficiency price
Department of Government Efficiency price

Join Our Telegram channel to stay up to date on breaking news coverage

The Department of Government Efficiency price plummeted 23% in the last 24 hours to trade at $0.008157 as of 03:35 a.m. EST on trading volume that soared 48% to $11.26 million.

Department Of Government Efficiency Price Prediction: DOGE Currently Bearish

The Department of Government Efficiency price has been on a downtrend after hitting an all-time high (ATH) of $0.01674 yesterday. From that time, the DOGE price has been trading within a falling channel pattern.

The downtrend has pushed the DOGE price down below the 50-day Simple Moving Average (SMA) but remains above the 200-day SMA, which acts as the immediate support level at $0.0025.

Moreover, the bearish sentiment is supported by the Relative Strength Index (RSI) dropping from the 50-midline level, currently at 42 as it tumbles down, indicating that sellers have the upper hand.

DOGEUSD Chart Analysis (Source: GeckoTerminal)

If the selling continues, the price of DOGE may plunge further back, with $0.00258 as the next possible support level.

However, with the RSI now dropping to the oversold level, the DOGE price may become undervalued, which is a buying signal for the bulls.

If the bulls buy at this level, the Department of Government Efficiency price may recover over the falling channel, as they target $0.015.

As the Department of Government Efficiency price bulls look for more entry points, investors are shifting to a new Shiba Inu alternative called Shiba Shootout (SHIBASHOOT).

Crypto channel 99Bitcoins, with more than 706k subscribers, says investors who buy $SHIBASHOOT can earn “insane rewards.“

Shiba Shootout Presale Blasts Past $1 Million, Best Alternative To Buy Now?

Shiba Shootout offers a P2E game called Shiba Sharpshooter that has amassed over 1,000 downloads on the Google Play Store, with a Web3 app launching soon. The project has already raised over $1.09 million in its presale. 

The game is built around the town of Shiba Gulch, a bustling digital settlement that is a favorite with Shiba lovers who come together to challenge each other in gun battles.

Apart from P2E crypto gaming in Shiba Gulch, $SHIBASHOOT holders can also easily earn passively through the platform’s staking mechanism, which offers 858% in annual rewards.

If you are interested in participating in the presale, you can buy the token for $0.0202. But don’t wait too long as the price will increase in less than six days.

You can buy SHIBASHOOT tokens on the official website here using ETH, BNB, USDT, or a bank card.

 Related Articles

Most Searched Crypto Launch - Pepe Unchained

Rating

Pepe Unchained
  • Layer 2 Meme Coin Ecosystem
  • Featured in Cointelegraph
  • SolidProof & Coinsult Audited
  • Staking Rewards - pepeunchained.com
  • $10+ Million Raised at ICO - Ends Soon
Pepe Unchained

Join Our Telegram channel to stay up to date on breaking news coverage

Read next