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    Dogecoin Price Prediction as DOGE Drops to $0.15 Level – Here is the Next Target

    • May 20, 2024

    Dogecoin

    Dogecoin (DOGE) is currently trading at $0.1522, down 1.77% in the last 24 hours, with a 24-hour trading volume of $819 million. Ranking #9 on CoinMarketCap, Dogecoin has a market cap of $22 billion and a circulating supply of 144 billion DOGE coins.

    This Dogecoin price prediction explores the next potential targets for DOGE as it hovers around the $0.15 level.

    Dogecoin Price Prediction


    On the 4-hour chart, DOGE highlights the pivot point at $0.15100, suggesting a bullish Dogecoin price prediction. Immediate resistance is identified at $0.15950, followed by $0.16980 and $0.18440.

    On the downside, immediate support is found at $0.14270, with further support levels at $0.13240 and $0.12030. The Relative Strength Index (RSI) is currently at 53, indicating neutral conditions. The 50-day Exponential Moving Average (EMA) is positioned at $0.15130, suggesting that the market is maintaining a bullish bias above this level.

    Dogecoin has formed a symmetrical triangle pattern, presenting a significant hurdle around the $0.1545 mark. Simultaneously, support persists around the $0.1513 level, reinforced by the 50-day EMA.

    The current market price above the 50 EMA indicates a bullish bias, but Dogecoin must break above the $0.1595 resistance level to confirm a continuation of the upward trend. The RSI supporting a buying trend, given its position above 50, further strengthens this outlook.

    Dogecoin Price PredictionShould Dogecoin maintain its position above the $0.15100 pivot point, it could drive prices higher toward the resistance levels at $0.15950, $0.16980, and $0.18440.

    However, a break below this pivot point could trigger a sharp selling trend, pushing the price towards the support levels at $0.14270, $0.13240, and $0.12030. The market’s response to these key levels will be crucial in determining Dogecoin’s near-term direction.

    In conclusion, Dogecoin’s technical outlook remains bullish above the $0.15100 pivot point. The immediate resistance at $0.15950 will be the first hurdle to overcome, followed by $0.16980 and $0.18440.

    The RSI’s current level suggests room for further gains, although caution is warranted if Dogecoin falls below the pivot point. The 50-day EMA at $0.15130 provides a solid base for the ongoing uptrend.

    Last Chance to Buy Dogeverse Before Launch – Over $15M Raised


    Dogeverse, the rapidly expanding meme coin network that spans multiple blockchains, including Ethereum, BNB Smart Chain, Polygon, and soon Solana, Base, and Avalanche, has made a notable splash in the cryptocurrency world.

    The project has successfully raised over $15 million, surpassing its initial goal of just under $13 million. Currently priced at $0.00031, Dogeverse is set for a price increase in less than a day.

    This broad expansion aims to blend the popular Doge appeal with superior blockchain capabilities, promising greater utility and wider adoption. With the launch imminent, this is your last chance to invest in Dogeverse at the current rate.

    For more updates and to engage with the community, follow Dogeverse’s official channels on Twitter and Telegram.

    Secure Your Dogeverse Today

    The post Dogecoin Price Prediction as DOGE Drops to $0.15 Level – Here is the Next Target appeared first on Cryptonews.

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