Dogecoin Price Prediction: DOGE Jumps 3% As Investors FOMO Buy This Vote-To-Earn Meme Coin Presale With Just 6 Days Left

21 hours ago 24

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The Dogecoin price jumped 3% in the last 24 hours to trade at $0.3772 as of 11:19 p.m. EST on trading volume that surged 38% to $4.3 billion.

Dogecoin Price Indicators Support A Possible Bullish Rally

The DOGE price has been experiencing significant action over the past months, moving from a prolonged consolidation phase to a strong rally. The recent price action shows a sharp bullish breakout above the long-term consolidation zone near $0.2052, followed by a retracement.

Currently, the Dogecoin price is trading at $0.3772, within a range formed by the resistance at approximately $0.45 and support around $0.30, according to data from GeckoTerminal. This support zone ($0.30-$0.32) has been tested multiple times, confirming it as a key level where buyers are stepping in.

The price has rebounded from this zone and is attempting to reclaim the 50-day Simple Moving Average (SMA) at $0.3715, which is an important level for bullish continuation. A break above this could signal further upward momentum toward the previous highs.

On the downside, the 200-day SMA at $0.2052 is far below the current Dogecoin price and represents long-term support. This suggests that DOGE remains in a broader bullish trend despite the recent pullback.

Meanwhile, the Relative Strength Index (RSI) is currently at 56.69, sitting comfortably in the bullish zone without being overbought. This suggests that there is room for upward movement without immediate risk of a sharp reversal. If the RSI crosses above 60, it could indicate increasing bullish momentum.

The Moving Average Convergence Divergence (MACD) is slightly positive, with the MACD line above the signal line. This indicates that bullish momentum is slowly building.

The histogram bars are small, suggesting that momentum is still weak but gradually improving. A strong crossover or increasing histogram would confirm a bullish trend.

Can DOGE Hit $0.5?

DOGE is currently in a range-bound phase, with the $0.30-$0.32 zone acting as strong support and the $0.45 level as major resistance. If the price of DOGE can sustain above the 50-day SMA, a retest of the $0.40-$0.45 zone is likely in the coming days.

A break above $0.45 would signal a continuation of the bullish trend, with the next targets at $0.50 and potentially higher, depending on market sentiment. However, rejection at the 50-day SMA could result in another pullback toward the $0.30 support.

As the Dogecoin price jumps, investors are also buying up presale meme coins like Flockerz (FLOCK). According to 99Bitcoins, a popular crypto channel on YouTube with over 706K subscribers, FLOCK has the potential to soar 100X after its launch.

Flockerz Heads For $11 Million—Last Chance To Buy

Flockerz has blasted past $10.2 million in its presale, which has less than 6 days left. The project stands out from typical meme coins with its FlockTopia DAO, which enables FLOCK holders to earn more tokens by voting on important decisions.

Here’s how it works: when someone acquires FLOCK, they automatically join FlockTopia. They can then vote on things like marketing strategies and token burns, and the smart contracts reward participants with extra tokens.

8 Digits of FLOCK! 🐦🔥

10 million raised and The Flock won't stop! 📈 pic.twitter.com/zuvUrC778d

— Flockerz (@FlockerzToken) January 14, 2025

Apart from V2E rewards, users can also earn passively through the platform’s staking mechanism, which offers a sky-high annual yield of 272%.

Investors interested in joining the presale can visit the official Flockerz website to buy FLOCK tokens at $0.0066883 each using BNB, ETH, or USDT.

You can also make a purchase using your bank card. Buy before the token launches in less than 6 days.

Buy FLOCK here.