{"id":623624,"date":"2025-02-03T12:30:46","date_gmt":"2025-02-03T12:30:46","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=623624"},"modified":"2025-02-03T12:30:46","modified_gmt":"2025-02-03T12:30:46","slug":"dogcoin-price-prediction-dcoin-soars-13-despite-the-crypto-crash-as-analysts-say-this-is-the-best-crypto-to-buy-now-for-100x-gains","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/dogcoin-price-prediction-dcoin-soars-13-despite-the-crypto-crash-as-analysts-say-this-is-the-best-crypto-to-buy-now-for-100x-gains","title":{"rendered":"Dogcoin Price Prediction: DCOIN Soars 13% Despite The Crypto Crash As Analysts Say This Is The Best Crypto To Buy Now For 100X Gains"},"content":{"rendered":"

The Dogcoin price soared 13% in the last 24 hours to trade at $0.002607 as of 02:30 a.m. EST on a trading volume that rose 27% to $626K.<\/span><\/p>\n

This rise in the DCOIN price comes despite the crypto market tumbling 10% to a $3.21 trillion market capitalization throughout the past day of trading.<\/span><\/p>\n

Dogcoin Price Aims For A Bullish Rally<\/h2>\n

The <\/span>DCOIN price<\/span> movement<\/a> appears to be in a consolidation phase after a previous spike, where it experienced a sharp rally followed by a steep correction.<\/span><\/p>\n

The Fibonacci retracement levels indicate key resistance and support zones. Meanwhile, the Dogcoin price is currently trading below the 0.618 Fibonacci level ($0.007607), which suggests that it has yet to reclaim significant bullish momentum, data from <\/span>GeckoTerminal<\/span><\/a> shows. <\/span><\/p>\n

Additionally, the 0.786 Fibonacci level ($0.004232) stands as a critical resistance level that needs to be broken for further upside movement.<\/span><\/p>\n

The overall pattern suggests a period of accumulation, with the Dogcoin price movement tightening within a narrow range. A potential breakout above key resistance levels could trigger renewed bullish momentum.<\/span><\/p>\n

As a result of the current surge on the 1-hour timeframe, the price of DCOIN now trades slightly above both the 50-period and 200-period Simple Moving Averages (SMAs) on the hourly chart, which suggest that the asset may be poised for a surge.<\/span><\/p>\n

Meanwhile, the Relative Strength Index (RSI) stands at 50.47, indicating a neutral market condition. It is neither in the overbought (>70) nor oversold (<30) zones, which means the market has room for movement in either direction.<\/span><\/p>\n

\"Dogcoin
DCOIN\/USDT Chart Analysis Source: GeckoTerminal<\/figcaption><\/figure>\n

DCOIN Price Prediction<\/h2>\n

If the Dogcoin price breaks above $0.004232 (0.786 Fibonacci level) with strong volume, the next resistance levels to watch would be $0.007607 (0.618 Fib) and $0.009977 (0.5 Fib level). <\/span><\/p>\n

A breakout beyond these levels could open the door for a retest of $0.012348 (0.382 Fib level) and eventually $0.015281 (0.236 Fib level).<\/span><\/p>\n

However, if the price of Dogcoin drops below $0.002337 (50-period SMA), it could retest $0.002062 (200-period SMA) as support. A break below this level may indicate a continuation of the downtrend.<\/span><\/p>\n

Meanwhile, investors are buying a new Solana layer-2 meme coin called <\/span>Solaxy (SOLX)<\/span><\/a>. According to 99Bitcoins, a popular crypto YouTube channel with over 724K subscribers, SOLX has the potential to soar 100X post-launch.<\/span><\/p>\n