{"id":606111,"date":"2024-12-02T07:57:46","date_gmt":"2024-12-02T07:57:46","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=606111"},"modified":"2024-12-02T07:57:46","modified_gmt":"2024-12-02T07:57:46","slug":"dogecoin-price-prediction-doge-soars-171-in-a-month-but-experts-say-this-vote-to-earn-meme-coin-might-be-the-best-crypto-to-buy-now","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/dogecoin-price-prediction-doge-soars-171-in-a-month-but-experts-say-this-vote-to-earn-meme-coin-might-be-the-best-crypto-to-buy-now","title":{"rendered":"Dogecoin Price Prediction: DOGE Soars 171% In A Month, But Experts Say This Vote-To-Earn Meme Coin Might Be The Best Crypto To Buy Now"},"content":{"rendered":"

The Dogecoin price soared 171% in the last month and 2% in the last 24 hours to trade at $0.4389 as of 11:40 p.m. EST on trading volume that climbed 40% to $11.3 billion.<\/span><\/p>\n

Dogecoin Price Gearing Up For A Bullish Rally Continuation<\/h2>\n

After a parabolic surge in the Dogecoin price in November, DOGE has now consolidated within the $0.44 range, according to data from <\/span>GeckoTerminal<\/span><\/a>. The range has allowed the price of Dogecoin to form a double bottom pattern, which could still push DOGE further above.<\/span><\/p>\n

To add to the general bullish outlook, the Dogecoin price still trades above both the 50-day and 200-day Simple Moving Averages (SMAs), which now act as the immediate support levels.<\/span><\/p>\n

Meanwhile, the Relative Strength Index (RSI) is at 62 and climbing, which suggests there is still room for upward price action without the asset being considered overbought.<\/span><\/p>\n

The Moving Average Convergence Divergence (MACD) is also suggesting a continued upward trajectory, as the blue MACD line crosses above the orange signal line.<\/span><\/p>\n

A continuation of the upward trajectory could suggest a bullish continuation pattern from the second rounded bottom pattern. In such a scenario that the bulls keep pushing the price up, the <\/span>Dogecoin price<\/span><\/a> could keep surging, as they target $0.60.<\/span><\/p>\n

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

Conversely, if the bears exert pressure at this point, DOGE could plunge back to the next possible support around 200-day SMA at $0.3168.<\/span><\/p>\n

As the Dogecoin price soars, some investors are turning to presales like the newly launched <\/span>Flockerz (FLOCK)<\/span><\/a> to capture the more explosive upside potential that’s frequently found in meme coins.<\/span><\/p>\n

According to 99Bitcoins, a popular crypto channel on YouTube with over 710K subscribers, $FLOCK has the potential to soar 100X after its launch.<\/span><\/p>\n