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The DOG•GO•TO•THE•MOON price soared over 18% in the last 24 hours to trade at $0.008472 as of 3:37 a.m. EST as investors go long on the meme coin.
With the recent gain, the DOGS price is now in the green by more than 94% on the weekly time frame. Its monthly performance is also over 55% in the green.
DOG•GO•TO•THE•MOON Price Challenging The $0.008407 Resistance
4-hour chart for DOG/USD (Source: GeckoTerminal)
The DOG•GO•TO•THE•MOON price is attempting a challenge at the $0.008407 resistance level. Overcoming this technical obstacle in the next 12 hours could give the meme coin the space needed to keep climbing in the short term.
However, the DOG•GO•TO•THE•MOON price getting rejected by the $0.008407 resistance or failing to close a 4-hour candle above this mark within the next 12 hours could mark the end of the crypto’s bullish move. In this alternative case, traders might opt to realize their profits.
With the potential sell pressure from profit-taking activity, the DOG•GO•TO•THE•MOON price could lose the $0.007700 support and potentially test the $0.006922 mark as well. In an extremely bearish scenario, DOGS might drop to as low as $0.006179.
DOG•GO•TO•THE•MOON Price Showing A Lot Of Bullish Technical Strength
From a technical standpoint, indicators on the meme coin’s 4-hour chart suggest the DOG•GO•TO•THE•MOON price could keep rising through the course of the next trading day. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) are showing positive signs.
In recent hours, RSI readings have risen from the mid 50s to the high 60s. With the current reading above the 50 benchmark, it seems buyers have control of the DOG•GO•TO•THE•MOON price. The positive slope of the RSI line also suggests that bulls show no signs of loosening their grip on the meme coin’s price any time soon.
Meanwhile, the MACD indicates that DOGS might be in a positive trend, with the MACD line currently positioned above the MACD Signal line. What’s more, the gap between the two lines has started to grow. Traders could end up interpreting this as a sign that the crypto’s bullish momentum is picking up steam.
While DOGS tries to keep rising, investors are FOMO buying meme coin rival Crypto All-Stars (STARS) for high staking rewards.
One Platform For All Meme Coin Investors’ Staking Needs
Crypto All-Stars (STARS) introduces an innovative staking platform to the booming meme coin space. Instead of focusing solely on its own crypto, the project gives holders of several popular meme coins the opportunity to grow their bags passively all on a single platform.
Well known cryptos including DOGE, SHIB, PEPECOIN, FLOKI, BRETT, MOG, LADYS, TOSHI, COQ, BONK, and TURBO are all already supported on the Crypto All-Stars platform. The team has also revealed that more staking options will be added in coming weeks.
By simply staking any of these tokens, investors will generate passive crypto rewards that are paid out in STARS. The rewards don’t stop there, however, as investors can also lock up STARS for a competitive 402% staking APY.
With the high rewards up for grabs and the project’s meme coin appeal, it’s no wonder prominent YouTuber ClayBro told his over 130K subscribers that STARS has the potential to soar 10X after its launch.
Investors Rush To Buy STARS At Presale Prices
Crypto All-Stars has raised over $4.3 million through its ongoing ICO so far, as investors rush to position themselves before the project’s launch. Whales have also recently joined the Crypto All-Stars presale.
Investors who want to get in on the project at this early stage can do so using the buy widget embedded on the meme coin’s website. Currently selling for $0.0015806, STARS can be acquired through a variety of payment options, including ETH, USDT, BNB, DOGE, SHIB, FLOKI, PEPE and bank card.
Once purchased, the STARS tokens can then be locked up on the staking page on the website for investors to unlock access to the 402% APY.
Buyers who want to acquire STARS at the best possible rate will want to act quickly, because the token’s price is set to increase with each new stage of its presale. The next price adjustment is scheduled to take place in less than 48 hours.
Purchase and stake STARS here for the 402% APY before its price increases.
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