{"id":593356,"date":"2024-10-31T08:53:54","date_gmt":"2024-10-31T08:53:54","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=593356"},"modified":"2024-10-31T08:53:54","modified_gmt":"2024-10-31T08:53:54","slug":"dogecoin-price-prediction-doge-surges-22-in-a-week-as-this-innovative-staking-meme-coin-storms-toward-3-million","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/dogecoin-price-prediction-doge-surges-22-in-a-week-as-this-innovative-staking-meme-coin-storms-toward-3-million","title":{"rendered":"Dogecoin Price Prediction: DOGE Surges 22% In A Week As This Innovative Staking Meme Coin Storms Toward $3 Million"},"content":{"rendered":"

The Dogecoin price has surged 22% in the past week even after it fell 2% in the last 24 hours <\/span>to trade at $0.170<\/span><\/a> as of 00:35 a.m. EST on trading volume that plunged 37% to $2.06 billion.<\/span><\/p>\n

Dogecoin Price Prediction: DOGE Aiming For A Bullish Rally<\/h2>\n

The Dogecoin price has been in an uptrend in October, as the bulls used the $0.11 support zone to push the price through a markup phase, according to data from <\/span>GeckoTerminal<\/span><\/a>. DOGE then went through a consolidation phase from mid-October within the $0.1460 range.<\/span><\/p>\n

The Dogecoin price bulls then used the lower boundary of the sideways pattern at $0.13 as the support to push DOGE through a parabolic curve, which indicates strong momentum.<\/span><\/p>\n

DOGE now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), which supports the price’s general bullish outlook.<\/span><\/p>\n

The RSI is in bullish territory but not yet overbought, currently at 65, meaning there’s still potential for further gains before any risk of a reversal. If the RSI does reach overbought levels, we could see some consolidation or a pullback.<\/span><\/p>\n

The RSI seems to be rebounding towards the 70-overbought region, indicating that the asset may be gaining momentum. If this momentum continues, the price of Dogecoin may rise, as the bulls target $0.185.<\/span><\/p>\n

\"Dogecoin
Dogecoin Price<\/figcaption><\/figure>\n

Conversely, if the bears pick up momentum at this level, the DOGE price could plunge back to the 50-day SMA at $0.1478.<\/span><\/p>\n

As the Dogecoin price aims for a bullish rally, the new meme coin project<\/span> Crypto All-Stars<\/span><\/a> is racing towards $3 million in funds raised in its ICO.<\/span><\/p>\n

ClayBro, a prominent crypto analyst with over 130K subscribers, says PEPU has the potential to soar 26X after its launch.<\/span><\/p>\n