{"id":604020,"date":"2024-11-25T08:38:14","date_gmt":"2024-11-25T08:38:14","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=604020"},"modified":"2024-11-25T08:38:14","modified_gmt":"2024-11-25T08:38:14","slug":"dogecoin-price-prediction-doge-drops-4-as-pepe-unchained-offers-last-chance-to-buy-before-major-exchange-listings","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/dogecoin-price-prediction-doge-drops-4-as-pepe-unchained-offers-last-chance-to-buy-before-major-exchange-listings","title":{"rendered":"Dogecoin Price Prediction: DOGE Drops 4% As Pepe Unchained Offers Last Chance To Buy Before Major Exchange Listings"},"content":{"rendered":"

The Dogecoin price dropped 4% in the last 24 hours to trade at $0.4235 as of 11:29 p.m. EST on trading volume that plunged 36% to $12.5 billion.<\/span><\/p>\n

Dogecoin Price Could Continue Surging<\/b><\/h2>\n

The DOGE\/USD price chart shows that the Dogecoin price has been on a bullish trend over the last couple of months. The price has steadily increased from late September through November, with strong upward momentum evident in mid-November.<\/span><\/p>\n

However, the recent price action suggests a period of consolidation following a sharp rally, according to data from <\/span>GeckoTerminal<\/span><\/a>. The Dogecoin price, after the recent rally formed a rounding bottom pattern, using the $0.36 support to keep pushing the price up.<\/span><\/p>\n

DOGE price<\/span><\/a> is now trading above both the 50-day and 200-day Simple Moving Averages (SMAs), which is a confirmation of the continued uptrend.<\/span><\/p>\n

The RSI is currently at 53, which is in the neutral zone. This suggests that the recent consolidation has relieved overbought conditions that were likely present during the rally in November. The RSI is not signaling extreme overbought or oversold conditions, meaning that the market could still have room for another upward move if bullish momentum resumes.<\/span><\/p>\n

According to the Dogecoin price analysis on the 4-hour timeframe, DOGE is currently bullishly biased. If the bulls are persistent, the Dogecoin price could surge, as the bulls currently target the next possible resistance level at $0.60 in the long term.<\/span><\/p>\n

\"Dogecoin<\/p>\n

DOGEUSD Chart Analysis Source: GeckoTerminal<\/span><\/p>\n

However, in a scenario where the bears take charge of the price, the price of Dogecoin could plunge to the 200-day SMA at $0.26, now acting as a cushion against downward pressure.<\/span><\/p>\n

As the Dogecoin bulls aim for a continued surge, investors are snapping up new meme coin ICO <\/span>Pepe Unchained (PEPU)<\/span>, which 99Bitcoins, a crypto channel on YouTube with over 706K subscribers, says could surge 100X when it launches in just 18 days.<\/span><\/p>\n