{"id":563984,"date":"2024-08-13T09:48:41","date_gmt":"2024-08-13T09:48:41","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=563984"},"modified":"2024-08-13T09:37:16","modified_gmt":"2024-08-13T09:37:16","slug":"dogecoin-price-pumps-3-after-trump-musk-interview-as-experts-predict-new-doge-2-0-will-make-a-10x-run","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/dogecoin-price-pumps-3-after-trump-musk-interview-as-experts-predict-new-doge-2-0-will-make-a-10x-run","title":{"rendered":"Dogecoin Price Jumps 3% After Trump-Musk Interview And As Experts Say This DOGE 2.0 Might 10X"},"content":{"rendered":"

The Dogecoin price rose 3% in the last 24 hours <\/span>to trade at $0.106<\/span><\/a> as of 03:34 a.m. EST on trading volume that soared 28% to $817 million.<\/span><\/p>\n

This comes after Trump’s interview with Elon Musk, where Polymarket bettors at one point gave an over 60% chance of Trump mentioning digital assets during the interview, but he did not.  <\/span><\/p>\n

The interview mostly covered a variety of topics, including illegal immigration, the economy, AI, and global warming.<\/span><\/p>\n

Dogecoin Price Aims For A Continued Rally<\/h2>\n

The Dogecoin price has been in a sustained rally since Aug. 5, rising through an ascending channel from $0.0878, according to data from <\/span>GeckoTerminal<\/span><\/a>.<\/span><\/p>\n

The bulls now aim to push the price of Dogecoin<\/a> above the channel, as it now trades above the 50 Simple Moving Average (SMA) on the 4-hour chart. If the momentum continues, DOGE could eventually surpass the 200 SMA at $0.1169.<\/span><\/p>\n

Moreover, the Relative Strength Index (RSI) trades within the 50-midline level, an indication that the price of Dogecoin is currently trading in equilibrium, aiming for a bullish rally.<\/span><\/p>\n

The Moving Average Convergence Divergence (MACD) is also bullish as it climbs above the zero line. The blue MACD line recently crossed above the orange signal line, resulting in a bullish crossover.<\/span><\/p>\n

A bullish crossover encourages optimistic investors to buy more, which could push the price of Dogecoin above the rising channel pattern. If the bullish momentum continues, the bulls could push Dogecoin higher, potentially targeting $0.138.<\/span><\/p>\n

\"Dogecoin
Dogecoin Price Chart Analysis Source: GeckoTerminal.com<\/figcaption><\/figure>\n

However, if the bears take charge of the price at this stage, DOGE could plunge back to the $0.095 support level.<\/span><\/p>\n

As the Dogecoin<\/a> price soars, investors are also buying the new Dogecoin alternative <\/span>PlayDoge (PLAY)<\/span><\/a>, as analysts say it could skyrocket after its launch.<\/span><\/p>\n

According to an analyst from 99Bitcoins, a prominent YouTube channel with over 706K subscribers, PLAY can potentially surge 10X after its launch. <\/span><\/p>\n