{"id":604707,"date":"2024-11-26T15:37:55","date_gmt":"2024-11-26T15:37:55","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=604707"},"modified":"2024-11-26T15:37:55","modified_gmt":"2024-11-26T15:37:55","slug":"dogecoin-price-prediction-doge-plummets-10-as-crypto-all-stars-presale-blasts-past-6-million","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/dogecoin-price-prediction-doge-plummets-10-as-crypto-all-stars-presale-blasts-past-6-million","title":{"rendered":"Dogecoin Price Prediction: DOGE Plummets 10% As Crypto All-Stars Presale Blasts Past $6 Million"},"content":{"rendered":"

The Dogecoin price has plummeted 10% in the last 24 hours to trade at $0.3779 as of 7 a.m. EST on a 2% jump in trading volume to $11 billion.<\/p>\n

Dogecoin Price Consolidates, Signals Potential For Upside Rally<\/h2>\n

The Dogecoin (DOGE) chart presents a mix of bullish and corrective signals, indicating potential for further price movement. Currently trading at $0.3779<\/a>, Dogecoin has experienced a slight decline of 3.80%, following a significant rise. This recent pullback could be part of a consolidation phase before the next potential rally.<\/p>\n

The price has formed a parabolic curve since March 2023, indicating strong upward momentum. The coin is currently testing a key support zone around $0.1480, where the price has historically bounced. This means a robust demand level, with the yellow support line marking this crucial zone that previously provided stability.<\/p>\n

\"Dogecoin<\/p>\n

DOGEUSD Analysis Source: Dextools.io<\/p>\n

Dogecoin’s 50-day moving average, currently at $0.2254, acts as a short-term support level, while the 200-day moving average, positioned at $0.1480, serves as a longer-term support.<\/p>\n

The RSI (Relative Strength Index) is at 62.91, indicating that Dogecoin price is approaching the overbought zone but still has room to grow before reaching levels of market exhaustion.<\/p>\n

The MACD (Moving Average Convergence Divergence) indicator also shows positive momentum, with the MACD line at 0.0547 and the signal line at -0.0039, indicating upward pressure and supporting the potential to continue the rally. The histogram bars are already increasing, indicating that the bullish reversal has begun.<\/p>\n

If Dogecoin holds support around the $0.1480 level and breaks through the resistance at $0.3779, the price could target the next resistance level, possibly around $0.50. However, for the rally to sustain, the price must maintain momentum above the support zone without falling back into a deeper retracement.<\/p>\n

Dogecoin is potentially bullish, but confirmation of support and continued upward volume are key for the price to move higher.<\/p>\n

Crypto All-Stars Presale Crashes Past $6 Million – Less Than 24 Days To Launch<\/h2>\n

Meanwhile, investors seeking to diversify their portfolios with promising alternative projects might want to consider Crypto All-Stars (STARS), a presale that has now surpassed $6.1 million in funding.<\/p>\n

ClayBro, a popular crypto YouTuber with over 130K subscribers, predicts STARS could surge 10X after launching.<\/p>\n