{"id":575326,"date":"2024-09-11T09:37:06","date_gmt":"2024-09-11T09:37:06","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=575326"},"modified":"2024-09-11T11:18:59","modified_gmt":"2024-09-11T11:18:59","slug":"dogs-price-tumbles-3-as-this-new-gamblefi-token-blasts-past-150k-within-minutes-of-launch","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/dogs-price-tumbles-3-as-this-new-gamblefi-token-blasts-past-150k-within-minutes-of-launch","title":{"rendered":"DOGS Price Tumbles 3% As This New GambleFi Token Blasts Past $150K Within Minutes Of Launch"},"content":{"rendered":"

The DOGS price has plunged 3% in the last 24 hours <\/span>to trade at $0.06147<\/span><\/a> as of 00:59 a.m. EST on trading volume that decreased 43% to $393 million.<\/span><\/p>\n

Dogs Price Bearish: Is a Rebound Imminent?<\/h2>\n

The DOGS Price is currently on a downward trajectory and is trading within the falling channel pattern. According to data from <\/span>GeckoTerminal,<\/span><\/a> DOGS price is exhibiting a bearish trend as the bears seem to have gained control around the $0.001100 resistance zone.<\/span><\/p>\n

DOGS is trading below the 50-day Simple Moving Average ($0.001034) coinciding with the current trend.<\/span><\/p>\n

The Relative Strength Index (RSI) is currently at 45 and moving down, which suggests that the asset’s selling pressure is increasing.<\/span><\/p>\n

However, the Moving Average Convergence Divergence (MACD) is also soaring toward the neutral line, indicating rising momentum. The blue MACD line has also crossed above the orange signal line which might suggest a bullish reversal.<\/span><\/p>\n

If the bulls successfully stage a bullish trend reversal, the DOGS price could rebound, as they target $0.001100. <\/span><\/p>\n

\"DOGS
DOGSUSD Chart Analysis Source: GeckoTerminal.com<\/figcaption><\/figure>\n

However, if the bearish stance continues, DOGS price could plunge back to the $0.00090 support zone.<\/span><\/p>\n

Meanwhile, investors are rushing to buy the newly launched ICO <\/span>Memebet Casino (MEMEBET Token)<\/span><\/a>, which raised $150K in just a few minutes after its launch on Sept. 10. <\/span><\/p>\n

According to Cryptonews, a popular YouTube channel with over 10K subscribers, $MEMEBET Token could soar 100X after its launch. <\/span><\/p>\n