Dogecoin Price Prediction: DOGE Soars 26% In A Week As Investors Rush To Buy This Vote-To-Earn Meme Coin Before It’s Too Late

The Dogecoin price climbed 3% in the last 24 hours and 26% in the past week to trade at $0.392 as of 2.25 a.m. EST on trading volume that increased 3% to $2.81 billion.

The DOGE price is now stuck between a resistance at $0.40 and a support at $0.38, awaiting either a new push that would allow it to surge, or a correction to break the support.

Dogecoin Price Prediction

For the moment, Dogecoin’s technical indicators suggest that the oldest meme coin’s price has found stability, at least for the time being. Its Bollinger bands have been following a pattern of a sudden widening brought by a rapid price surge, then a narrowing and a brief period of stability, before the same would happen again.

This pattern has been recorded three times in the last two days, and during that time, the price has fluctuated between the upper and lower band multiple times. Each new price surge pushed the upper band further down, while corrections only took it down until it touched the lower band, after which the price would increase again.

On the other hand, is the project’s Relative Strength Index (RSI) value, which saw strong fluctuations in the neutral zone, although it managed to surge up or down to the overbought or oversold area several times.

This suggests that the traders are likely keeping a close eye on the RSI movement and are acting in accordance with its performance since it did not breach either the line at 30 or the one at 70 in the last 30 hours or so.

Outside of the strongest fluctuations which moved to the edges of the overbought and oversold areas, the fluctuations were fairly small, going from 45 to 55 and back.

Moving forward, the pattern might repeat itself and DOGE could see another price surge following its recent small decline and the narrowing of the bands. Alternatively, the market could cause it to break out in either direction, depending on whether the sentiment changes in a significant way.

Promising Alternative To Dogecoin

Traders looking for diversification opportunities might consider Flockerz (FLOCK), a meme coin in presale with only 15 days left. The popular ICO has just roared past $9 million in funds raised.

🐦 Let your flock flag fly! 🐦

9M Raised is no small feat! The flock is pushing hard for Flocktopia! 🐦🔥🚀 pic.twitter.com/Ad8c15xPFi

— Flockerz (@FlockerzToken) January 7, 2025

The project is popularly referred to as the voting crypto thanks to its new Vote-To-Earn model. As the name suggests, the project has created a model that rewards its token holders with FLOCK tokens whenever they partake in community governance and vote on one of its proposals.

By incentivizing the community to join and rejoin the voting process, Flockerz hopes to ensure lasting decentralization. This is something that a lot of projects have failed to do, as their communities lost interest.

To ensure that this will not happen, Flockerz intends to keep incentivizing its users to come back. In addition, it offers a high staking return of 301% annually so those who earn new FLOCK through voting can then earn even more by staking their earnings.

However, you have to be a FLOCK token holder to start this endless loop of earning more and more, which means that you will have to buy your first batch of FLOCK.

FLOCK tokens are selling for $0.0066351 apiece right now. ClayBro, a crypto YouTuber with over 134k subscribers, recently said that FLOCK could see 100% gains after going live.

Visit FLOCK here.

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