{"id":580738,"date":"2024-09-27T15:30:21","date_gmt":"2024-09-27T15:30:21","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=580738"},"modified":"2024-09-27T15:30:21","modified_gmt":"2024-09-27T15:30:21","slug":"dog-runes-price-prediction-dog-jumps-21-to-top-major-meme-coin-gainers-but-traders-pivot-to-this-rival-with-an-887-apy","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/dog-runes-price-prediction-dog-jumps-21-to-top-major-meme-coin-gainers-but-traders-pivot-to-this-rival-with-an-887-apy","title":{"rendered":"Dog (Runes) Price Prediction: DOG Jumps 21% To Top Major Meme Coin Gainers, But Traders Pivot To This Rival With An 887% APY"},"content":{"rendered":"

The Dog (Runes) price has jumped 21% in the last 24 hours to trade at <\/a>$0.004296 <\/a>as of 7:20 a.m. EST on a 57% surge in trading volume to $17 million.<\/span><\/p>\n

The DOG price pump made it the biggest gainer among the largest 100 meme coins by market capitalization, according to CoinMarketCap.<\/p>\n

Dog (Runes) Price May Continue The Uptrend<\/h2>\n

The DOG\/USDT trading pair highlights several key technical patterns and indicators with short-term corrections and potential for continued bullish trends.<\/p>\n

The parabolic curve indicates rapid upward momentum. The price has sharply risen in recent trading sessions, reflecting strong buying pressure and a potential for exponential growth.<\/p>\n

However, parabolic movements are often unsustainable long-term, meaning a retracement or consolidation may follow to stabilize the market.<\/p>\n

\"Dog<\/p>\n

DOGUSDT Analysis Source: Tradingview.com<\/p>\n

The 50-SMA (Simple Moving Average) is currently at 0.003113, and the 200-SMA is positioned at 0.002590, both of which are far below the current price level. The price being significantly above both moving averages suggests strong bullish momentum.<\/p>\n

Dog (Runes) Price Prediction: More Upside Coming<\/span><\/h2>\n

A key support level is also visible just above the 200-SMA, from 0.002590 to 0.003113. This zone has acted as a base for the current upward trend and may continue to provide support in case of a correction. The price previously bounced off this level, making it an essential area to monitor.<\/p>\n

Additionally, the RSI (Relative Strength Index) stands at 75.48, indicating that it is overbought (above 70). While the market remains bullish, it could be due for a short-term correction or consolidation as buying pressure begins to ease. An overbought RSI signals that buyers may start to take profits, potentially increasing selling pressure.<\/p>\n

The parabolic price movement and rising moving averages show a strong bullish momentum. However, the overbought RSI and the distance between the current price and the 50-SMA indicate that a pullback or consolidation could be on the horizon.<\/p>\n

If a correction occurs, investors should watch the 0.002590 to 0.003113 support zone for potential price stabilization.<\/p>\n

Crypto All-Stars Presale Zooms Past $1.67 Million<\/h2>\n

As Dog (Runes) faces a key resistance level, a new contender in the meme coin space, Crypto All-Stars (STARS)<\/a>, continues to gain attention after raising over $1.67 million in its presale.<\/p>\n

Popular YouTuber and analyst ClayBro, with 130K subscribers, says STARS offers investors ”huge rewards.”<\/p>\n