{"id":586308,"date":"2024-10-11T16:03:35","date_gmt":"2024-10-11T16:03:35","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=586308"},"modified":"2024-10-11T16:03:35","modified_gmt":"2024-10-11T16:03:35","slug":"dog-runes-price-prediction-dog-tops-meme-coin-gainers-with-28-leap-as-pepe-unchained-targets-20-million-in-presale","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/dog-runes-price-prediction-dog-tops-meme-coin-gainers-with-28-leap-as-pepe-unchained-targets-20-million-in-presale","title":{"rendered":"Dog (RUNES) Price Prediction: DOG Tops Meme Coin Gainers With 28% Leap As Pepe Unchained Targets $20 Million In Presale"},"content":{"rendered":"

The Dog (RUNES) price has surged 28% in the last 24 hours to trade at $0.005079<\/a> as of 7:20 a.m. EST on a 153% jump in trading volume to $23 million.<\/p>\n

This price surge has positioned DOG as the top gainer among the top 100 meme coins by market capitalization, according to CoinMarketCap.<\/p>\n

Dog (RUNES) Price Bulls Continue The Uptrend<\/h2>\n

The Dog (RUNES) price on the  4-hour timeframe is currently trading at $0.005194, reflecting an increase of 11.84%. The price action forms a rounded bottom pattern, which is a bullish reversal signal indicating a shift from a downtrend to an uptrend.<\/p>\n

After a period of consolidation, the price has broken through the neckline resistance level around $0.004400, confirming the potential start of an upward move.<\/p>\n

\"Dog<\/p>\n

DOGUSD Analysis Source: Tradingview<\/p>\n

The 200-period Simple Moving Average (SMA), marked in blue at around $0.003131, acts as a significant long-term support level, while the 50-period SMA, represented by the green line at $0.003814, provides nearer-term support. Both these moving averages suggest that momentum is on the side of the bulls as the price holds well above them.<\/p>\n

The RSI (Relative Strength Index), currently at 76.52, signals that the asset is in overbought territory, which could lead to some consolidation or a pullback in the short term. Typically, an RSI above 70 warns that buying pressure may be excessive, and a brief correction might occur before the Dog(RUNES) Price continues its upward trajectory.<\/p>\n

Dog (Runes) Price: A Bullish Outlook<\/h2>\n

The breakout from the rounded bottom pattern indicates a bullish outlook, with a potential next target around $0.006000 if the price continues to rally. However, if the bullish momentum stalls, the price might retrace to the neckline at $0.004400 or to the 50 SMA at $0.003814 to find support.<\/p>\n

Despite the strong upward potential, the overbought RSI may indicate a short-term correction before further upward movement.<\/p>\n

Pepe Unchained Presale Targets $20 Million<\/h2>\n

As the Dog (RUNES) price continues to surge, its layer-2 meme coin rival Pepe Unchained (PEPU)<\/a><\/span> has rocketed past $18.7 million in funds raised in its presale.<\/p>\n

The 99 Bitcoins YouTube channel, with more than 706k subscribers, says $PEPU could see a 10X surge after it launches.<\/p>\n