Dogelon Mars Price Prediction: As ELON Pumps 10%, Investors Rush To Buy This Presale Meme Coin Before It’s Too Late – Just 6 Days Left

The Dogelon Mars price pumped over 10% in the last 24 hours to trade at $0.0000001561 as of 9:39 p.m. EST as investors rush to buy the meme coin.

Throughout the past trading session, the ELON price rose from a low of $0.0000001414 to a 24-hour peak of $0.0000001623. It has since retraced to trade at its current level.

Dogelon Mars Price Drops Below Support

4-hour chart for ELON/USD (Source: GeckoTerminal)

The Dogelon Mars price dropped below the support level at $0.0000001581 in the last couple of hours, according to data from GeckoTerminal. Should the crypto continue to fall over the course of the next 24 hours, it might end up testing the next key support at $0.0000001534. A drop below this technical safety net could then see ELON fall to as low as $0.0000001477.

However, the Dogelon Mars price managing to recover back above $0.0000001581 in the next 8 hours could invalidate the bearish thesis. In this alternative scenario, the meme coin might try to flip the resistance level at $0.0000001631 into support before potentially continuing to rise.

Technicals Suggest The Dogelon Mars Price Could Go Either Way

From a technical standpoint, indicators on the 4-hour chart are contradicting each other. On one hand, the Relative Strength Index (RSI) shows decreasing buyer strength. On the other hand, Exponential Moving Averages (EMAs) suggest ELON’s bullish momentum is picking up steam.

That’s after RSI readings dropped from above 80 in the overbought region to the low 60s in the last few hours. The current reading above the neutral 50 mark suggests bulls still have control of the Dogelon Mars price. However, the negative slope of the RSI line warns that this might not be the case for much longer.

Meanwhile, the 9 EMA crossed above the 20 EMA in the last 48 hours. This technical event signals that ELON entered into a positive trend. The meme coin validated this technical flag and went on to surge in the hours that followed. 

Currently, the 9 EMA is still positioned above the 20 EMA. The shorter momentum indicator is also acting as a dynamic support that is pushing the Dogelon Mars price up. This could indicate that ELON will continue to rise in the short term.

While ELON technicals on the 4-hour chart show mixed signals, investors continue to flock to the presale for new meme coin rival Meme Index (MEMEX) for gains. According to 99Bitcoins, a popular crypto channel on YouTube that has over 725K subscribers, MEMEX has the potential to be the next 100X crypto.

Giving Investors A New Way To Gain Meme Coin Exposure

With the hype around meme coins in recent months, developers looking to profit from the trend launched multiple new tokens. This influx of meme coins in such a short period of time has made the market oversaturated. 

It has also made it more challenging for investors to find the next meme coin gem that could lead to life-changing gains. Scammers have re-entered the market as well, with the number of meme coin rug-pulls on the rise.

Meme Index, with its innovative index offering, aims to give investors an alternative way to gain meme coin exposure that is much simpler and safer. It introduces 4 investment baskets: the Meme Titan Index, the Meme Moonshot Index, the Meme Midcap Index, and the Meme Frenzy Index. 

Each of the indexes features multiple meme coins that are grouped according to their perceived level of investment risk. From the relatively safer Meme Titan Index that features large-cap meme coins to the highest-risk Meme Frenzy Index that focuses on new and emerging tokens, Meme Index caters to all risk appetites.

By simply holding MEMEX tokens, investors buy into the baskets the project offers. This makes it much easier to buy into multiple meme coins at once. What’s more, MEMEX holders also get to vote on which meme coins should get added to each basket.

Meme Index Offers Investors Last Chance To Buy In Presale

Meme Index has raised over $4.2 million through its presale so far, signaling strong investor confidence in the project’s future. Now, the ICO has entered the final stage. With just over 6 days left, time is running out for investors to get in on this ground level.

Interested investors can buy MEMEX via the presale widget embedded on the project’s website for $0.0166883 apiece using either ETH, USDT, BNB or a bank card.

Once purchased, the tokens can also be locked up in the project’s presale staking pool that is offering a 548% APY.

Visit the Meme Index website.

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