{"id":621790,"date":"2025-01-27T09:42:34","date_gmt":"2025-01-27T09:42:34","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=621790"},"modified":"2025-01-27T10:28:37","modified_gmt":"2025-01-27T10:28:37","slug":"dogelon-mars-price-prediction-elon-plummets-18-as-experts-say-consider-this-solana-meme-coin-ico-that-might-100x","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/dogelon-mars-price-prediction-elon-plummets-18-as-experts-say-consider-this-solana-meme-coin-ico-that-might-100x","title":{"rendered":"Dogelon Mars Price Prediction: ELON Plummets 18% As Experts Say Consider This Solana Meme Coin ICO That Might 100X"},"content":{"rendered":"

The Dogelon Mars price plummeted 18% in the last 24 hours to trade at $0.0000002470 as of 02:34 a.m. EST on trading volume that plunged 32% to $24.6 million.<\/span><\/p>\n

Dogelon Mars Price Currently Bearish<\/h2>\n

The<\/span> ELON price<\/span> analysis on the 4-hour chart displays<\/a> a sharp decline following a significant spike earlier. This parabolic rally faced rejection near the $0.0000005500 level, marking it as a critical resistance.<\/span><\/p>\n

Following the spike, the Dogelon Mars price entered a downward trajectory, forming a rounded top pattern. This bearish pattern, coupled with the recent breakdown below the 50-period Simple Moving Average (SMA), indicates weakness in momentum.<\/span><\/p>\n

Currently, the price of Dogelon Mars is trading near the 200-period SMA, which is acting as a dynamic support level around the $0.0000002336 zone. The inability to sustain above the 50-period SMA and the downward slope of the recent price action suggest bearish sentiment. The rounded top further implies sellers are in control.<\/span><\/p>\n

Meanwhile, the Relative Strength Index (RSI) is at 30.03, indicating oversold conditions. While this could lead to a temporary relief rally, the RSI’s steady decline suggests that bearish momentum remains strong. Traders should monitor if the RSI rebounds above 40 for a potential shift in sentiment.<\/span><\/p>\n

\"Dogelon<\/p>\n

ELON\/USDT Chart Analysis (Tradingview)<\/em><\/p>\n

ELON Price Prediction<\/h2>\n

If the price breaks below the 200-period SMA at $0.0000002336, the next immediate support level lies around $0.0000001508. A sustained break below this could push the price toward the $0.0000001000 psychological level.<\/span><\/p>\n

Oversold RSI conditions may lead to a relief rally. If the price manages to reclaim the 50-period SMA at $0.0000003053, it could target the $0.0000003500 resistance level.<\/span><\/p>\n

As the ELON price slumps, investors are buying into a new layer-2 Solana meme coin called <\/span>Solaxy (SOLX)<\/span><\/a>. According to 99Bitcoins, a popular crypto YouTube channel with over 723K subscribers, Solaxy has the potential to soar 100X after its launch.<\/span><\/p>\n