{"id":636905,"date":"2025-03-20T10:29:30","date_gmt":"2025-03-20T10:29:30","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=636905"},"modified":"2025-03-20T10:29:30","modified_gmt":"2025-03-20T10:29:30","slug":"dogecoin-price-prediction-doge-rises-3-but-investors-rush-to-buy-this-meme-coin-rival-ico-with-time-running-out","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/sponsored\/dogecoin-price-prediction-doge-rises-3-but-investors-rush-to-buy-this-meme-coin-rival-ico-with-time-running-out","title":{"rendered":"Dogecoin Price Prediction: DOGE Rises 3%, But Investors Rush To Buy This Meme Coin Rival ICO With Time Running Out"},"content":{"rendered":"

The Dogecoin price rose 3% in the last 24 hours to trade at $0.1749 as of 12:19 a.m. EST on trading volume that surged 56% to $1.4 billion.<\/span><\/p>\n

This uptick in the DOGE price comes as the crypto space rebounded in the last 24 hours, rising 1.4% to a $2.9 trillion market capitalization, according to <\/span>Coingecko<\/span><\/a>.<\/span><\/p>\n

Dogecoin Price Aims For A Bullish Breakout<\/h2>\n

The <\/span>DOGE price<\/span><\/a> has been in a strong downtrend since reaching highs near $0.50 in late 2024.<\/span><\/p>\n

The chart clearly shows a falling wedge pattern, typically considered a bullish reversal formation. This pattern consists of lower lows and lower highs, indicating a prolonged correction phase following Dogecoin’s major price rally.<\/span><\/p>\n

Currently, the Dogecoin price is trading around $0.175, near the lower boundary of the wedge. Several key pivot points (A, B, C, D) are marked on the chart, indicating previous support and resistance zones, according to <\/span>GeckoTerminal<\/span><\/a> data<\/span><\/p>\n

The 200-day Simple Moving Average (SMA) ($0.2497) and 50-day SMA ($0.2268) are well above the current price, suggesting that DOGE is still struggling to regain bullish momentum.<\/span><\/p>\n

Meanwhile, the Relative Strength Index (RSI) is at 40.88, indicating weak momentum but not yet oversold. <\/span><\/p>\n

If the RSI drops below 30, it would signal an oversold condition, increasing the likelihood of a rebound. However, for now, it suggests continued bearish pressure.<\/span><\/p>\n

The Moving Average Convergence Divergence (MACD) line (blue) is just above the signal line (orange), but both are near zero, signaling weak momentum. A stronger, bullish crossover is needed to confirm a reversal.<\/span><\/p>\n

\"Dogecoin
Dogecoin Price<\/figcaption><\/figure>\n

DOGE Price Prediction<\/h2>\n

DOGE is at a critical inflection point within the descending wedge pattern. If the Dogecoin price breaks above the wedge resistance around $0.22, it could rally toward $0.25 or higher.<\/span><\/p>\n

However, failure to break out may cause the price of DOGE to continue its downtrend toward $0.15 or even lower before finding solid support.<\/span><\/p>\n

As the DOGE price surges, 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