{"id":598851,"date":"2024-11-15T10:26:18","date_gmt":"2024-11-15T10:26:18","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=598851"},"modified":"2024-11-15T11:54:35","modified_gmt":"2024-11-15T11:54:35","slug":"dogecoin-price-prediction-doge-dips-7-as-investors-flock-its-rival-pepu-offering-last-chance-to-buy-before-upcoming-tier-1-exchange-listings","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/dogecoin-price-prediction-doge-dips-7-as-investors-flock-its-rival-pepu-offering-last-chance-to-buy-before-upcoming-tier-1-exchange-listings","title":{"rendered":"Dogecoin Price Prediction: DOGE Plunges 7% As Investors Flock To Meme Coin Rival Pepe Unchained Offering A Last Chance To Buy"},"content":{"rendered":"

The Dogecoin price plunged 7% in the last 24 hours <\/span>to trade at $0.3670<\/span><\/a> as of 01:31 a.m. EST on trading volume that plummeted 30% to $15.6 billion.<\/span><\/p>\n

Dogecoin Price On A Sustained Bullish Trend<\/h2>\n

The Dogecoin<\/a> price has been in a significant uptrend recently, with a sharp rise in mid-to-late October and into November. The trend is clear from the steep ascent in price of Dogecoin above both the 50-day (yellow line) and 200-day (red line) Simple Moving Averages (SMAs) on the 4-hour chart, according to data from GeckoTerminal<\/a>. This signals strong bullish momentum in the short to medium term.<\/span><\/p>\n

Moreover, the Relative Strength Index (RSI) is currently around the mid-range, close to 54, which suggests that there is no immediate overbought or oversold condition. This level of RSI indicates a cooling off period after what was likely an overbought condition during the rapid price increase.<\/span><\/p>\n

The RSI cooling off while the price remains high could indicate consolidation before the next move.<\/span><\/p>\n

If the Dogecoin price sustains the bullish trend, DOGE<\/a> could soar even higher, as the bulls target the next resistance at $0.70.<\/span><\/p>\n

\"Dogecoin
DOGEUSD Chart Analysis Source: GeckoTerminal<\/figcaption><\/figure>\n

However, immediate support might be around the 50 SMA at $0.2930. If the price dips towards this level, it may offer a point for potential buying interest, but a break below could indicate a stronger pullback.<\/span><\/p>\n

Meanwhile, investors are going all-in on a new alternative,<\/span> Pepe Unchained (PEPU)<\/span><\/a>, which aims to emulate and surpass the success of its predecessor, PEPE.<\/span><\/p>\n

According to 99Bitcoins, a leading crypto YouTube channel with more than 706K followers, Pepe Unchained (PEPU) could be the next meme coin to deliver 100X returns.<\/span><\/p>\n