{"id":571562,"date":"2024-09-01T06:38:21","date_gmt":"2024-09-01T06:38:21","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=571562"},"modified":"2024-09-01T06:38:21","modified_gmt":"2024-09-01T06:38:21","slug":"is-it-too-late-to-buy-trondog-trondog-price-skyrockets-139-and-this-might-be-the-next-crypto-to-explode","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/is-it-too-late-to-buy-trondog-trondog-price-skyrockets-139-and-this-might-be-the-next-crypto-to-explode","title":{"rendered":"Is It Too Late To Buy TRONDOG? Trondog Price Skyrockets 139%, And This Might Be The Next Crypto To Explode"},"content":{"rendered":"

The Trondog price skyrocketed 139% in the last 24 hours <\/span>to trade at $0.003255<\/span><\/a> as of 10:36 p.m. EST on trading volume that rose 27% to $5.1 million.<\/span><\/p>\n

The playful pup born on the TRON blockchain has been fetching gains in the meme coin<\/a> space despite the market being down 3% to a $40 billion market capitalization in the last 24 hours.<\/span><\/p>\n

Trondog Price Prediction: TRONDOG To Sustain Its Bullish Stance<\/b><\/h2>\n

After its launch, the Trondog price encountered resistance at $0.002759, plunging back to the $0.000990 support zone. This support then allowed the bulls to stage a rebound, with the price of Trondog now in a markup phase.<\/span><\/p>\n

TRONDOG formed a rounding bottom pattern, which the bulls could aim to capitalize on to propel the token to new highs.<\/span><\/p>\n

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TRONDOGUSD Chart Analysis (Source: <\/span>GeckoTerminal<\/span><\/a>)<\/span><\/p>\n

The price of Trondog now trades above the 50 Simple Moving Average (SMA) on the hourly chart, which acts as a major support zone. TRONDOG being above the 50 SMA also shows that the meme coin is in a bullish trend.<\/span><\/p>\n

Furthermore, the Relative Strength Index (RSI) indicates that buyers are currently exerting pressure on the token as it soars within the 70-overbought region, which also indicates that the asset is overvalued.<\/span><\/p>\n

The Moving Average Convergence Divergence (MACD) further supports the bullish prospects, climbing above the neutral zone. The blue MACD line also crossed above the orange signal line, forming a bullish crossover.<\/span><\/p>\n

If the bullish trend continues, the price of Trondog could continue soaring. In this scenario, bulls might target $0.0050.<\/span><\/p>\n

However, the RSI being overvalued might be seen as a sell signal. If traders act on this sell sign, TRONDOG might undergo a correction to the 50 SMA that is acting as the immediate support level at $0.001806.<\/span><\/p>\n

As bulls and bears battle it out on TRONDOG’s charts, investors are rushing to buy a new token on Solana by the name of <\/span>Mega Dice (DICE)<\/span><\/a>, as it enters the last phase of its presale after amassing over $1.76 million.<\/span><\/p>\n

Influential crypto YouTubers such as TodayTrader predict a substantial return on investment for the new token, speculating a potential “100X” surge for DICE post-launch.<\/span><\/p>\n