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The Dogcoin price soared 13% in the last 24 hours to trade at $0.002607 as of 02:30 a.m. EST on a trading volume that rose 27% to $626K.
This rise in the DCOIN price comes despite the crypto market tumbling 10% to a $3.21 trillion market capitalization throughout the past day of trading.
Dogcoin Price Aims For A Bullish Rally
The DCOIN price movement appears to be in a consolidation phase after a previous spike, where it experienced a sharp rally followed by a steep correction.
The Fibonacci retracement levels indicate key resistance and support zones. Meanwhile, the Dogcoin price is currently trading below the 0.618 Fibonacci level ($0.007607), which suggests that it has yet to reclaim significant bullish momentum, data from GeckoTerminal shows.
Additionally, the 0.786 Fibonacci level ($0.004232) stands as a critical resistance level that needs to be broken for further upside movement.
The overall pattern suggests a period of accumulation, with the Dogcoin price movement tightening within a narrow range. A potential breakout above key resistance levels could trigger renewed bullish momentum.
As a result of the current surge on the 1-hour timeframe, the price of DCOIN now trades slightly above both the 50-period and 200-period Simple Moving Averages (SMAs) on the hourly chart, which suggest that the asset may be poised for a surge.
Meanwhile, the Relative Strength Index (RSI) stands at 50.47, indicating a neutral market condition. It is neither in the overbought (>70) nor oversold (<30) zones, which means the market has room for movement in either direction.
DCOIN Price Prediction
If the Dogcoin price breaks above $0.004232 (0.786 Fibonacci level) with strong volume, the next resistance levels to watch would be $0.007607 (0.618 Fib) and $0.009977 (0.5 Fib level).
A breakout beyond these levels could open the door for a retest of $0.012348 (0.382 Fib level) and eventually $0.015281 (0.236 Fib level).
However, if the price of Dogcoin drops below $0.002337 (50-period SMA), it could retest $0.002062 (200-period SMA) as support. A break below this level may indicate a continuation of the downtrend.
Meanwhile, investors are buying a new Solana layer-2 meme coin called Solaxy (SOLX). According to 99Bitcoins, a popular crypto YouTube channel with over 724K subscribers, SOLX has the potential to soar 100X post-launch.
Solaxy Presale Heads For $18 Million—Next 100X Crypto?
Solana markets itself as a fast, reliable, and affordable blockchain, especially compared to Ethereum’s slower and more expensive infrastructure. However, recent events show Solana has not lived up to these promises. What’s more, the situation has worsened after trading boomed following the launch of the Official Trump and Melania Meme tokens.
Solaxy helps Solana deliver on its initial promises by processing transactions off-chain through its native layer-2 network, easing the workload on the Solana mainnet.
#Solaxy's Presale Surges to $17M While #Solana Outperforms #Ethereum in Monthly Earnings.
In an “unprecedented” (or is it?) turn of events, #Solana has surpassed #Ethereum in monthly revenue for the first time.
In January 2025, Solana generated approximately $116 million in…
— OrangeCryptoTech (@OrangeCryptoTec) February 2, 2025
Solaxy’s solution relies on three key features: off-chain processing to handle the heavy work, transaction bundling to cut costs, and secure settlement back on the main Solana chain.
Investors interested in participating in the project’s presale can visit the official Solaxy website to buy SOLX tokens for $0.001624 each using BNB, ETH, USDT, or a bank card. Solaxy also offers holders who stake their SOLX tokens a huge annual yield of 229%.
Buy SOLX here before a price hike in less than 2 days to secure the best deal.
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