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The Dogecoin price surged 13% in the last 24 hours to trade at $0.099 as of 6:45 a.m. EST, as its trading volume jumped 200% to $2.6 billion.
This surge comes as Dogecoin (DOGE) had its tenth anniversary on Wednesday, surpassing a crucial resistance level at $0.088076 to reach its highest level since mid-April.
Dogecoin Price Surpasses $0.088 Resistance
Dogecoin Price Prediction
The Dogecoin price is bullish, surpassing levels last observed on November 16 at $0.088. This strength led to a breakout from a descending wedge pattern and a successful retest of the 200-day simple moving average (SMA) trading on an upward channel.
The 200-day simple moving average (SMA) has established itself as a critical support level, coinciding with the confirmation of bullish sentiment upon the price surpassing both the 50-day and 200-day SMAs.
The relative strength index (RSI) continues to exhibit a bullish stance, currently trading at 78, positioned above the overbought threshold. This indicates intense buying pressure in the market.
Dogecoin’s price trajectory targets $0.15, supported by the RSI and key SMAs.
Dogecoin Price
However, the $0.088 support zone becomes a focal point if the bears intervene to correct the price. A breach beneath this level may encounter supplementary support at $0.066.
Dogecoin investors might also consider investments in Meme Kombat and Wall Street Memes, two meme coins that look poised to follow in its footsteps with substantial growth.
Meme Kombat Secures $2.6 Million, Approaching $3.5 Million Goal
Meme Kombat (MK) emerges as a project with real utility as opposed to many coins in the market. The project integrates gaming and betting by leveraging our favorite memes through AI-generated battles. This kind of utility positions the project as a promising investment with substantial growth potential.
$MK is going to be the talk of the town⚔️ pic.twitter.com/fm4JdrgF8x
— Meme Kombat (@Meme_Kombat) December 5, 2023
In its presale phase, Meme Kombat has already secured an impressive $2.6 million in funding and is swiftly approaching its target of $3.5 million. As an investor, you have the exclusive opportunity to capitalize on purchasing MK tokens at a discounted rate of $0.225 per token during this presale phase.
Earn High APY Of 330%, 10X Potential Growth
You can also take advantage of the staking platform within Meme Kombat. This feature enables you to buy and stake MK tokens, earning you a generous annual percentage yield (APY) of 330%. This provides passive returns as the presale progresses and complements the regular price hikes.
As the project gains more traction, a whale recently bought $100,555 worth of MK tokens, anticipating massive returns on their investment.
HUGE buy to push the $MK presale past $2.5 million!!!
Get ready for your NFTs🤩 pic.twitter.com/a9BnCNNjsL
— Meme Kombat (@Meme_Kombat) December 6, 2023
Cryptonews recently released a video listing Meme Kombat as one of the top cryptocurrency presales that will easily achieve 10X gains.
You can buy MK tokens on the official MK website.
Wall Street Memes Boosted By New Casino
Due to the success of the recently launched Wall Street Memes Casino, which has received much support from its one million online community, Wall Street Memes ($WSM) has firmly established itself as a top meme coin.
INTRODUCING THE WALL ST MEMES CASINO! 🚨
Enjoy Wall St Memes custom games, sports betting, a live casino and $WSM token integration 🔥
200% deposit bonus – Sign up now! ⬇️https://t.co/RvwON1Sfp2 pic.twitter.com/6snnG16A6v
— Wall Street Memes Casino (@wsmcasino) October 18, 2023
The Wall Street Memes Casino Loyalty Program is now operational, rewarding casino players. While all accepted cryptocurrencies are eligible for these perks, $WSM holders receive special treatment, allowing them to earn double the rewards within their exclusive tier.
This move aims to enhance the engagement and satisfaction of the community while giving preference to $WSM token holders in the loyalty program.
You can learn more about Wall Street Memes here.
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