{"id":635976,"date":"2025-03-17T11:08:56","date_gmt":"2025-03-17T11:08:56","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=635976"},"modified":"2025-03-17T11:08:56","modified_gmt":"2025-03-17T11:08:56","slug":"dogecoin-price-prediction-golden-cross-may-signal-doge-rally-to-1-as-traders-bet-on-this-100x-meme-index-ico-with-time-running-out","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/sponsored\/dogecoin-price-prediction-golden-cross-may-signal-doge-rally-to-1-as-traders-bet-on-this-100x-meme-index-ico-with-time-running-out","title":{"rendered":"Dogecoin Price Prediction: Golden Cross May Signal DOGE Rally To $1 As Traders Bet On This 100x Meme Index ICO With Time Running Out"},"content":{"rendered":"

The Dogecoin price dropped over 1% in the last 24 hours to trade at $0.1723 as of 3:12 a.m. EST on trading volume that surged 55% to $1 billion.<\/span><\/p>\n

This pullback in the DOGE price comes just a few days after the leading meme coin flipped Cardano to become the eighth biggest cryptocurrency by market cap.<\/span><\/p>\n

Dogecoin Price Shows Breakout Potential Amid Golden Cross Formation<\/h2>\n

The <\/span>DOGE price<\/span><\/a> has been trading within a descending wedge pattern, a bullish reversal setup that often results in an upside breakout.<\/span><\/p>\n

As the meme coin approaches the critical breakout point, traders are eyeing key technical indicators that may support a significant rally.<\/span><\/p>\n

One of the most compelling signals is the formation of a golden cross, where the 50 Simple Moving Average (SMA) crosses above the 200 SMA at $0.1735. <\/span><\/p>\n

This event, which happened on the hourly chart, often marks the beginning of bullish momentum, reinforcing speculation that DOGE could be gearing up for a major rally. <\/span><\/p>\n

Additionally, the 50 SMA at $0.1728 is acting as a short-term resistance level, while the 200 SMA at $0.1698 provides strong support, suggesting that Dogecoin is gaining strength, according to <\/span>GeckoTerminal<\/span><\/a> data.<\/span><\/p>\n

Further technical indicators point to the possibility of an imminent move. The Relative Strength Index (RSI) stands at 53.74, indicating neutral momentum and leaving ample room for a price surge. <\/span><\/p>\n

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

DOGE Price Prediction – Is $1 Possible?<\/h2>\n

According to the DOGE\/USDT analysis, the descending wedge pattern and the Dogecoin price nearing the breakout point, the asset is likely to see a breakout soon.<\/span><\/p>\n

If the price of DOGE successfully moves above $0.173, the next major resistance is around $0.20. On the downside, strong support remains at $0.1698, backed by the 200 SMA on the hourly chart.<\/span><\/p>\n

If bullish momentum prevails, DOGE could see an 18% rally in the coming days. A continued push could also see the price of Dogecoin push to the $1 level.<\/span><\/p>\n

However, a failure to break out could result in further consolidation within the wedge. The support at $0.150 provides a cushion against downward pressure.<\/span><\/p>\n

As traders continue to place their bets on DOGE’s potential, investors are shifting focus to a new meme coin called <\/span>Meme Index (MEMEX)<\/span><\/a>. <\/span><\/p>\n

According to 99Bitcoins, a prominent crypto channel on YouTube that boasts over 725K subscribers, MEMEX has the potential to be the next 100x crypto.<\/span><\/p>\n