{"id":623931,"date":"2025-02-04T14:36:00","date_gmt":"2025-02-04T14:36:00","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=623931"},"modified":"2025-02-04T14:36:00","modified_gmt":"2025-02-04T14:36:00","slug":"is-it-too-late-to-buy-dcoin-dogcoin-price-skyrockets-101-and-this-might-be-the-next-crypto-to-explode","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/is-it-too-late-to-buy-dcoin-dogcoin-price-skyrockets-101-and-this-might-be-the-next-crypto-to-explode","title":{"rendered":"Is It Too Late To Buy DCOIN? Dogcoin Price Skyrockets 101% And This Might Be the Next Crypto To Explode"},"content":{"rendered":"

The Dogcoin price skyrocketed 101% in the last 24 hours to trade at $0.005189 as of 02:16 a.m. EST on a trading volume that rose 20% to $781K.<\/span><\/p>\n

Dogcoin Price Aims For A Continued Surge<\/h2>\n

The <\/span>DCOIN price<\/span> shows<\/a> a steady uptrend, with price action respecting the 50-period Simple Moving Average (SMA) on the 1-hour chart and moving away from the 200-period SMA. This suggests growing bullish momentum.<\/span><\/p>\n

The price of Dogcoin has recently broken above the 0.786 Fibonacci level ($0.004221) and is now targeting higher levels. The next key resistance lies at $0.007587 (0.618 Fib level), followed by $0.009951 (0.5 Fib level), according to data from <\/span>GeckoTerminal<\/span><\/a>. <\/span><\/p>\n

If bullish momentum continues, $0.012315 (0.382 Fib level) could be the next target.<\/span><\/p>\n

Overall, the Dogcoin price structure suggests that a breakout may be forming, with the potential for further upside if key resistance levels are breached.<\/span><\/p>\n

The Relative Strength index (RSI) is at 65.02, approaching the overbought zone (70).<\/span><\/p>\n

Meanwhile, the Moving Average Convergence Divergence (MACD) also shows a bullish outlook, with the blue MACD line crossing above the orange signal line, forming a bullish crossover.<\/span><\/p>\n

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

DCOIN Price Prediction<\/h2>\n

Given the current price trends and indicator analysis, DCOIN is likely to test the $0.0075 – $0.0099 range in the short term, assuming momentum continues.<\/span><\/p>\n

However, if the Dogcoin price faces rejection, it could retest the $0.0042 level (0.786 Fib support) before making another upward attempt.<\/span><\/p>\n

As the price of DCOIN skyrockets, investors are also buying a new meme coin called <\/span>Meme Index (MEMEX)<\/span><\/a>. According to crypto analyst and YouTuber Jacob Bury, who has over 55k subscribers, MEMEX has the potential to be the next 10x crypto.<\/span><\/p>\n