Dogecoin Price Prediction: DOGE Plummets 16% In A Month As Traders FOMO Buy This P2E ICO With Days Left
The Dogecoin price dropped 2% in the last 24 hours and 16% in a month to trade at $0.1012 as of 00:45 a.m. EST on trading volume that soared 25% to $395 million. This comes as the other two top meme coins by market capitalization continued to record negative gains in the last seven days, with SHIB falling 2% and PEPE 6%, according to Coingecko . Dogecoin Price Aims For A Breakout Despite being down in the last month, the Dogecoin price has still been up 8% in the last 14 days, as the price rose from below the lower boundary of the sideways pattern, according to data from GeckoTerminal . However, the price of Dogecoin encountered resistance around $0.110, with the bears and bulls struggling for dominance at this level as DOGE went through consolidation. DOGE still trades below both the 50-day and 200-day Simple Moving Averages (SMAs) as the price plunges from the upper boundary of the pattern. The Relative Strength Index (RSI) also trades within the neutral zone at 45, indic...