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The DOG•GO•TO•THE•MOON price soared 21% in the last 24 hours to trade at $0.007580 as of 00:39 a.m. EST on trading volume that jumped 17% to $94 million.
This comes as the Rune meme coin DOG reached a daily trading volume of over $10 million in four consecutive days. The DOG market capitalization has now soared to more than $775 million, according to CoinMarketCap.
DOG•GO•TO•THE•MOON Price Set To Soar Over The Rising Channel
The DOG•GO•TO•THE•MOON price has been on a steady rise in the last two weeks, recording a 260% rise in the last two weeks. In the last week, DOG rose tremendously through a rising channel pattern to an all-time high (ATH) of $0.008465, according to data from GeckoTerminal.
However, the bulls have not been able to reclaim this high, with DOG being down 3% from its ATH as it trades within the lower threshold of the channel.
The main technical indicators show that DOG is gearing up for a massive breakout to rise above the upper boundary of the rising channel. DOG•GO•TO•THE•MOON trades above both the 50-day and 200-day Simple Moving Averages (SMAs), a confirmation of the bullish upside potential.
Moreover, the Relative Strength Index (RSI) is rebounding from its oversold levels, currently trading at 53 and rising, an indication that there is growing buying pressure. A sustained buying action from the bulls could see the RSI soar over to the 70-overbought region, showing continued investor optimism.
The Average Directional Index (ADX) is at level 22 and climbing up, closing in on level 25, showing an increased bullish trend.
DOG•GO•TO•THE•MOON Price Prediction
The DOG•GO•TO•THE•MOON price technical analysis on the 15-minute chart shows that retail buyers have taken advantage of the slight retrace to buy more, pushing the price toward the upper boundary of the rising channel.
With the RSI and ADX rising, the bulls are currently targeting a new ATH above $0.010.
Conversely, if the bears take control of the price at this level to push DOG below the rising channel, the bulls could retreat to the support level of around $0.0059.
Meanwhile, as the DOG price soars, another canine-themed meme coin, WienerAI, is also turning heads as it garners over $3.5 million in presale.
WienerAI Presale Blasts Past $3.5 Million – Best Meme Coin To Buy Now?
WienerAI (WAI) continues to be a pioneering force in crypto trading as the project introduces an innovative AI token and trading bot.
The WAI trading bot uses predictive technology and a user-friendly interface, which provides users advice on when to buy and sell cryptos.
🌭Wiener AI is on the move!🌭
Big day for our development team. The AI Trading Bot interface is getting closer to completion. pic.twitter.com/AntAqQVnsr
— WienerAI (@WienerDogAI) May 28, 2024
The project follows in the paw prints of another successful recent token launch, AI security token Scotty the AI ($SCOTTY), which amassed over $10 million in its presale.
Buy And Stake $WAI For 293% Annual Rewards
You can earn passively through the platform’s staking function, which provides an annual percentage yield (APY) of 293%. Such high staking rewards have garnered attention and trust from the investor community.
CONGRATS!
WEENIES ARE BEING STAKED AND STACKED AT RECORD SPEED!
Get yours here: https://t.co/k7IFimoTWr
🌭🤖🌭🤖🌭🤖🌭🤖🌭🤖🌭🤖🌭🤖🌭🤖🌭🤖 pic.twitter.com/WCVGZRODer
— WienerAI (@WienerDogAI) May 11, 2024
According to CryptoBoy, a prominent crypto YouTuber with over 40K subscribers, $WAI has the potential to soar 100X after its launch.
If you are interested in participating in the presale, you can buy the token for $0.000712. But hurry as the price will increase in less than 24 hours.
You can buy WAI tokens on the official website here using ETH, BNB, USDT, or a bank card.
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