DOGE surged 11% in a week as this new Dogecoin derivative ICO went parabolic, raising nearly $2 million in three days.

Dogecoin price has surged 7% over the past 24 hours, trading at $0.2018 as of 4:30 a.m. ET, with trading volume surging 36% to $2.66 billion.

Dogecoin price prediction

According to the chart, Doge has not yet reached the 200 EMA, but has received a rejection from the 100 EMA.

Currently, market participants are still waiting for the meme coin to reach the upper resistance level, where experts expect a potential reversal to occur at least towards the 200 EMA.

The Bollinger Bands of the meme coin have also become very narrow over the past few hours, but have just now started to widen again, very slowly. Although this is a bullish signal, traders should keep in mind that things can reverse again at any time.

Lastly, we look at Dogecoin’s Relative Strength Index (RSI), which has recently been rising toward overbought territory and is growing along with the price of the project. However, it has since fallen slightly from 68.18 to 58.74, now much closer to a neutral position.

This means traders jumped at the buying opportunity, and with the new price rise, some took profits to make small gains before the market turned on.

On the negative side, this also means that another small correction is likely to come that could potentially undo the recovery seen over the past 24 hours.

That said, support currently holds at $0.20 as of this writing, but DOGE could break it if selling pressure increases again in the coming hours and days.

A promising alternative to Dogecoin

While Dogecoin is the oldest and largest meme coin, new dog-based cryptocurrencies have been gaining attention recently. The new meme token is known as Dogeverse (DOGEVERSE) and is the world’s first multi-chain meme coin.

#DOGEVERSE Get optimized cost and speed! 💰⚡

Users can choose chains with low transaction fees and fast processing times, greatly improving their trading and trading experience. 🌐 pic.twitter.com/phcMnBhwLT

— DogeVerse (@The_DogeVerse) April 11, 2024

Dogeverse is designed to run on six different chains, including native Ethereum, Solana, Base, BNB Chain, Avalanche, and Polygon. This will allow our native token, DOGEVERSE, to be used on all major DEXs and CEXs in the industry.

The face of the project is a dog named Cosmo. This dog has the power to hyperjump between different cryptocurrency stars, turning the popular Doge Meme into a symbol of creativity and unity.

The project has been in pre-sale since April 8, and has already raised nearly $2 million in less than three days.

DOGEVERSE price is $0.000292 but the price will increase in two days. So if you’re interested, use ETH, USDT or your bank card right now to get the lowest price.

Visit the Dogeverse presale here.

Related articles:

Dogeverse – Multichain Meme Coin

• Early access presale is live now.
• Bridge to Solana, base, BNB chain, polygon, avalanche
• Staking Rewards – thedogeverse.com
• Trade with low fees
• World’s first chain travel governor – Cosmo