{"id":521105,"date":"2024-05-15T08:58:30","date_gmt":"2024-05-15T08:58:30","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=521105"},"modified":"2024-05-15T08:58:30","modified_gmt":"2024-05-15T08:58:30","slug":"dogecoin-price-prediction-doge-drops-3-as-roaring-kitty-rally-fades-and-this-red-hot-meme-coin-offers-last-chance-to-buy","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/dogecoin-price-prediction-doge-drops-3-as-roaring-kitty-rally-fades-and-this-red-hot-meme-coin-offers-last-chance-to-buy","title":{"rendered":"Dogecoin Price Prediction: DOGE Drops 3% As Roaring Kitty Rally Fades And This Red Hot Meme Coin Offers Last Chance To Buy"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The Dogecoin price <\/span><a href=\"https:\/\/coinmarketcap.com\/currencies\/dogecoin\/\"><span style=\"font-weight: 400;\">dropped<\/span><\/a><span style=\"font-weight: 400;\"> over 3% in the last 24 hours to trade at $0.1455 as of 12:30 a.m. EST as investors dump some of their holdings in the meme coin.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The DOGE price drop comes after a meme coin market surge ignited by the reappearance of Roaring Kitty, a personality at the center of the meme stock craze and GameStop short squeeze back in 2021.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"zxx\" dir=\"ltr\"><a href=\"https:\/\/t.co\/YgjVqtgcNS\">pic.twitter.com\/YgjVqtgcNS<\/a><\/p>\n<p>&mdash; Roaring Kitty (@TheRoaringKitty) <a href=\"https:\/\/twitter.com\/TheRoaringKitty\/status\/1789807772542067105?ref_src=twsrc%5Etfw\">May 13, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">After an almost 3-year hiatus, he reappeared online and posted a cryptic tweet yesterday. Many believe the post signaled the analyst&rsquo;s return and led to speculation of a possible GameStop 2.0.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">The Dogecoin Price Loses Key Support<\/span><\/h2>\n<p><img decoding=\"async\" src=\"https:\/\/s3.tradingview.com\/snapshots\/4\/4T4pHOj2.png\" alt=\"DOGE Chart Image\"><\/p>\n<p><span style=\"font-weight: 400;\">4-hour chart for DOGE\/USD (Source: <\/span><a href=\"https:\/\/www.tradingview.com\/x\/4T4pHOj2\/\"><span style=\"font-weight: 400;\">GeckoTerminal<\/span><\/a><span style=\"font-weight: 400;\">)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The <\/span><a href=\"https:\/\/insidebitcoins.com\/news\/is-dogecoins-rally-over-or-could-this-new-dog-themed-meme-coin-with-multichain-features-be-a-high-potential-alternative\"><span style=\"font-weight: 400;\">Dogecoin<\/span><\/a><span style=\"font-weight: 400;\"> price lost the key support at $0.1470 over the past 24 hours. As such, bulls are trying their best to push the meme coin&rsquo;s price back above this key point.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Should DOGE close a 4-hour candle above $0.1470 within the next 8 hours, traders might enter into a long position for the crypto. The crypto could subsequently climb to the major $0.1575 resistance level.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Traders and investors will want to keep an eye on how the Dogecoin price behaves should it reach the $0.1575 barrier. In the last couple of days, the meme coin has been rejected by this technical obstacle twice already, and history could repeat itself.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, a break above $0.1575 could lead to DOGE climbing&nbsp; in the short term, with bulls potentially looking to capitalize on the break above this threshold.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On the other hand, the Dogecoin price failing to close a 4-hour candle above $0.1470 within the next 8 hours might invalidate the bullish thesis. In this alternative scenario, the altcoin could&nbsp; test the immediate $0.1344 support. It might even drop below this technical crutch to $0.1224 if the sell pressure persists.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Technicals Point To A Continued Drop For The Dogecoin Price<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Technical indicators on DOGE&rsquo;s 4-hour chart warn that the Dogecoin price might enter a negative cycle in the next 24 hours. There is also a major bearish technical flag that is on the verge of being triggered by the Moving Average Convergence Divergence (MACD) indicator.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With the MACD line collapsing towards the MACD Signal line, it seems DOGE&rsquo;s positive momentum during the past 24 hours has hit a peak. Should the MACD cross below the Signal line, it will most likely indicate that the meme coin&rsquo;s bullish phase has ended and DOGE has started a new bearish cycle.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In addition to this, the Relative Strength Index (RSI) indicator shows that bulls&rsquo; strength against sellers has dropped substantially. In the last 24 hours, the RSI line has fallen from 59 to just above 50. Although this signals that<\/span><a href=\"https:\/\/insidebitcoins.com\/news\/dogecoin-price-jumps-15-as-whales-move-doge-to-robinhood-amid-sec-wells-notice-dogeverse-ico-goes-ballistic\"><span style=\"font-weight: 400;\"> DOGE<\/span><\/a><span style=\"font-weight: 400;\"> can still go either way, this coupled with the MACD suggests the Dogecoin price might drop in the next 24 hours.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As DOGE&rsquo;s momentum seems to be fizzling out, investors are shifting focus to <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/dogeverse\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Dogeverse<\/span><\/a><span style=\"font-weight: 400;\">, one of the best performing ICOs this year that&rsquo;s already raised more than $15 million. Now it&rsquo;s giving investors one last chance to buy before launch.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Modernizing The Meme Coin Sector<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">There is a big push in the blockchain space to find a way to make networks seamlessly communicate with each other and share information with other blockchains regardless of their differing protocols.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Dogeverse (DOGEVERSE) is the first meme coin to reside on multiple blockchains. This aligns the crypto perfectly with the broader industry&rsquo;s aim to increase interoperability within the Web3 sector.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">By holding Dogeverse, investors can shift value across the most liquid and active networks with ease, allowing them to participate in high yield generating opportunities as soon as they appear.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">What&rsquo;s more, Dogeverse holders won&rsquo;t even have to swap out their tokens to start earning passive rewards on-chain, because the project is offering ICO investors a lucrative staking program with a 57% APY.<\/span><\/p>\n<p><iframe title=\"TOP 5 LIVE PRESALES LAUNCHING SOON!! DON'T MISS THESE!\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/o4A9P2LbaRo?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><span style=\"font-weight: 400;\">Given Dogeverse&rsquo;s unprecedented levels of utility, it&rsquo;s easy to see why an analyst from the CryptoNews YouTube channel recently said the meme coin has 100X potential on launch.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">One small step for man, one giant leap for multi-chain. &#127765;<a href=\"https:\/\/twitter.com\/hashtag\/Memecoins?src=hash&amp;ref_src=twsrc%5Etfw\">#Memecoins<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Solana?src=hash&amp;ref_src=twsrc%5Etfw\">#Solana<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Altcoins?src=hash&amp;ref_src=twsrc%5Etfw\">#Altcoins<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw\">#Ethereum<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Crypto?src=hash&amp;ref_src=twsrc%5Etfw\">#Crypto<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/MemeCoinSeason2024?src=hash&amp;ref_src=twsrc%5Etfw\">#MemeCoinSeason2024<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Web3?src=hash&amp;ref_src=twsrc%5Etfw\">#Web3<\/a> <a href=\"https:\/\/t.co\/bbKMU5qtA4\">pic.twitter.com\/bbKMU5qtA4<\/a><\/p>\n<p>&mdash; DogeVerse (@The_DogeVerse) <a href=\"https:\/\/twitter.com\/The_DogeVerse\/status\/1790426956397154807?ref_src=twsrc%5Etfw\">May 14, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">To acquire the token before it&rsquo;s too late, investors can navigate to the project&rsquo;s website and make use of the simple buy widget embedded on the page.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Due to its multi-chain nature, investors can purchase DOGEVERSE using either ETH, BNB, MATIC, AVAX, SOL, or BASE. USDT and bank cards can also be used. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">But anyone that wants to stake their tokens for the 57% APY will need to use ETH to buy the crypto, since the staking contract is on the Ethereum blockchain.<\/span><\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/visit\/dogeverse\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Purchase and stake DOGEVERSE here for up to 57% in annual staking rewards.<\/span><\/a><\/p>\n<h3><span style=\"font-weight: 400;\">Related Articles:<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.linkedin.com\/pulse\/best-altcoins-invest-unveiling-top-picks-maximum-returns-calsona-9ceye\/\"><span style=\"font-weight: 400;\">Best Altcoins to Invest In: Unveiling Top Picks for Maximum Returns!<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/joe-biden-orders-ousting-of-china-backed-crypto-mining-firm-near-us-missile-base\"><span style=\"font-weight: 400;\">Joe Biden Orders Ousting Of China-Backed Crypto Mining Firm Near US Missile Base<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/multi-chain-meme-coin-with-100x-potential-launch-soon-could-this-be-the-next-wif\"><span style=\"font-weight: 400;\">&nbsp;This Be The Next WIF?<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/compound-price-prediction-for-today-may-14-comp-technical-analysis\"><span style=\"font-weight: 400;\">Compound Price Prediction for Today, May 14 &ndash; COMP Technical Analysis<\/span><\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">Dogeverse - 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