{"id":636330,"date":"2025-03-18T08:46:18","date_gmt":"2025-03-18T08:46:18","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=636330"},"modified":"2025-03-18T09:15:00","modified_gmt":"2025-03-18T09:15:00","slug":"dogecoin-price-prediction-as-analyst-predicts-doge-to-hit-5-and-traders-also-rush-to-buy-this-solana-layer-2-presale-solaxy-closing-on-27m","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/sponsored\/dogecoin-price-prediction-as-analyst-predicts-doge-to-hit-5-and-traders-also-rush-to-buy-this-solana-layer-2-presale-solaxy-closing-on-27m","title":{"rendered":"Dogecoin Price Prediction: As Analyst Predicts DOGE Will Hit $5, Traders Rush To Buy Solana Layer 2 Presale Solaxy That&#8217;s Closing On $27M"},"content":{"rendered":"<p><span style=\"font-weight: 400\">The Dogecoin price dropped over 2% in the last 24 hours to trade at $0.1678 as of 3:01 a.m. EST on trading volume that surged 10% to $1 billion.<\/span><\/p>\n<p><span style=\"font-weight: 400\">This decrease in the DOGE price comes as analyst CryptoELITES on X sees the meme coin leader&rsquo;s price soaring to the $5 level.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">DOGE $5 is coming soon!<\/p>\n<p>What do you think?<br>For more insights, join my Telegram: <a href=\"https:\/\/t.co\/EeTzlid4ek\">https:\/\/t.co\/EeTzlid4ek<\/a><a href=\"https:\/\/twitter.com\/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$DOGE<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/DOGE?src=hash&amp;ref_src=twsrc%5Etfw\">#DOGE<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Dogecoin<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Memecoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Memecoin<\/a> <a href=\"https:\/\/t.co\/IaQmRTCW9Y\">pic.twitter.com\/IaQmRTCW9Y<\/a><\/p>\n<p>&mdash; @CryptoELlTES (@CryptooELITES) <a href=\"https:\/\/twitter.com\/CryptooELITES\/status\/1901732774517883061?ref_src=twsrc%5Etfw\">March 17, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400\">Can DOGE really soar this high?<\/span><\/p>\n<h2>Dogecoin Price Analysis: DOGE Preparing For A Major Impulse Move?<\/h2>\n<p><span style=\"font-weight: 400\">The <\/span><a href=\"https:\/\/www.coingecko.com\/en\/coins\/dogecoin\"><span style=\"font-weight: 400\">DOGE price<\/span><\/a><span style=\"font-weight: 400\"> has been consolidating after a strong rally, forming what appears to be an Elliott Wave structure on the weekly chart.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The Dogecoin price is currently in a corrective wave (Wave 4) following a strong push higher in Wave 3. This structure suggests that DOGE may be gearing up for the final Wave 5, which typically represents a strong, bullish move.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The price of Dogecoin has been moving within an ascending channel, with higher highs and higher lows confirming the continuation of an uptrend. The recent correction in Wave 4 is testing the lower boundary of this channel, which could serve as a launchpad for a potential next leg up.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Meanwhile, the 50 Simple Moving Average (SMA) at $0.20117 is a key resistance level. A decisive break above this level could confirm the continuation of the uptrend.<\/span><\/p>\n<p><span style=\"font-weight: 400\">However, the 200 SMA, which is positioned at $0.14289, has been acting as strong support. The price hovers slightly above this level, suggesting it remains a critical zone for determining future movement.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The weekly Relative Strength Index (RSI) is around 51.90, indicating a neutral stance with potential for upside movement. If the RSI moves above 60, it could confirm renewed bullish momentum.<\/span><\/p>\n<figure id=\"attachment_636334\" aria-describedby=\"caption-attachment-636334\" style=\"width: 1815px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"wp-image-636334 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/03\/DOGEUSDT_2025-03-18_11-02-04.png\" alt=\"Dogecoin Price Chart Analysis Source: Tradingview\" width=\"1815\" height=\"805\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/03\/DOGEUSDT_2025-03-18_11-02-04.png 1815w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/03\/DOGEUSDT_2025-03-18_11-02-04-300x133.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/03\/DOGEUSDT_2025-03-18_11-02-04-1024x454.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/03\/DOGEUSDT_2025-03-18_11-02-04-768x341.png 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/03\/DOGEUSDT_2025-03-18_11-02-04-1536x681.png 1536w\" sizes=\"(max-width: 1815px) 100vw, 1815px\"><figcaption id=\"caption-attachment-636334\" class=\"wp-caption-text\">DOGE\/USDT Chart Analysis Source: Tradingview<\/figcaption><\/figure>\n<h2>DOGE Price Prediction &ndash; $5 On The Horizon<\/h2>\n<p><span style=\"font-weight: 400\">With DOGE maintaining its position above the 200-week SMA and the Elliott Wave pattern suggesting a potential Wave 5 breakout, the next target could be around $0.75 &ndash; $1.00, aligning with previous highs.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The breakout can also take the price of Dogecoin further above the $5 level. <\/span><span style=\"font-weight: 400\">However, if DOGE fails to hold the $0.14 support level, a deeper correction toward $0.10 could occur before the next impulse wave begins.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Meanwhile, investors are buying a new Solana meme coin called <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/solaxy\" rel=\"nofollow\"><span style=\"font-weight: 400\">Solaxy (SOLX)<\/span><\/a><span style=\"font-weight: 400\">, which popular YouTube channel 99Bitcoins, with over 725K subscribers, says has the potential to soar 100X post-launch.<\/span><\/p>\n<p><iframe title=\"BEST 3 Meme Coins to Buy Now Before 2025?! (New 100X Potential Crypto!?)\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/7usUlycZEUs?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h2>Solaxy Presale Closes On The $27 Million Milestone<\/h2>\n<p><span style=\"font-weight: 400\">Solaxy is the first Layer 2 meme coin built to enhance Solana&rsquo;s scalability and tackle network congestion, all while slashing transaction costs.<\/span><\/p>\n<p><span style=\"font-weight: 400\">By optimizing Solana&rsquo;s infrastructure, Solaxy isn&rsquo;t just another project, it&rsquo;s shaping the future of Solana-based crypto launches.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">But its ambitions don&rsquo;t stop there. Built with cross-chain technology, Solaxy merges the best of Solana and Ethereum. Therefore, SOLX creates a powerful asset that stands out from traditional meme coins.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">Moreover, once launched, Solaxy will provide a platform where developers can build decentralized applications or launch new tokens without compromising (and possibly even improving) Solana&rsquo;s Layer 1 capabilities.&nbsp;<\/span><\/p>\n<p><img decoding=\"async\" class=\"alignnone  wp-image-612872\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/12\/Solaxy-Tweet-239x300.png\" alt=\"Solaxy Tweet\" width=\"435\" height=\"546\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/12\/Solaxy-Tweet-239x300.png 239w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/12\/Solaxy-Tweet.png 582w\" sizes=\"(max-width: 435px) 100vw, 435px\"><\/p>\n<p><span style=\"font-weight: 400\">Over $26.8 million has already poured into the SOLX presale, signaling strong market demand at this early stage. Solaxy also offers holders who stake the project&rsquo;s SOLX token a huge annual yield of 152%.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Investors interested in participating in the presale can visit the official Solaxy website to buy SOLX tokens for $0.001666 each using BNB, ETH, USDT, or a bank card. <\/span><\/p>\n<p><span style=\"font-weight: 400\">Anyone looking to buy will want to act fast because the meme coin&rsquo;s price will increase in less than 10 hours.<\/span><\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/visit\/solaxy\" rel=\"nofollow\"><span style=\"font-weight: 400\">Learn more about Solaxy.<\/span><\/a><\/p>\n<h3>Related News:<\/h3>\n<ul>\n<li style=\"font-weight: 400\"><a href=\"https:\/\/insidebitcoins.com\/news\/canary-capital-files-proposal-for-sui-etf-with-the-sec\"><span style=\"font-weight: 400\">Canary Capital Files Proposal For SUI ETF With The SEC<\/span><\/a><\/li>\n<li style=\"font-weight: 400\"><a 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Box\">[&#8230;]<\/a><\/div>","protected":false},"author":1907,"featured_media":620645,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[15057],"tags":[7598,7992],"class_list":["post-636330","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sponsored","tag-crypto","tag-technical-analysis"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Dogecoin Price Drops 2% As This SOL L2 ICO Heads For $27M<\/title>\n<meta name=\"description\" content=\"The Dogecoin price dropped 2% even as an analyst predicts a surge to $5, while this Solana Layer 2 presale nears $27M.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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