Dogecoin price prediction as DOGE heads towards golden cross and traders rush to buy Dogeverse as time runs out

In the last 24 hours, Dogecoin price has fallen 4%. Traded at $0.1443 As of 11:42 PM ET, trading volume was down 5% to $1.02 billion.

This happens because DOGE’s daily average appears on track to confirm a bullish golden cross. The 50-day simple moving average (SMA) on the 4-hour chart is currently trending north and is likely to confirm a golden cross above the 200-day SMA in the coming weeks.

This means that short-term price momentum may soon surpass long-term momentum, which could develop into a long-term bullish trend.

Dogecoin price is set to bounce above a descending wedge pattern.

Analysis of Geckoterminals Dogecoin has been trending lower over the past week after surging to a resistance level around $0.168. Dogecoin price has since been in a downward trend and has been trading within a descending wedge pattern. $0.142 level.

DOGE bulls are aiming to push the price above the upper limit of the wedge, which is set to push the price to higher levels.

DOGE is also trading below its 50-day and 200-day SMA, which is consistent with the current price downtrend within the descending wedge.

Additionally, looking at the RSI (Relative Strength Index) readings, we see that buyers are starting to buy as the indicator moves towards the 50 mid-line level (currently 41).

Dogecoin price prediction

Dogecoin price analysis on the 4-hour chart indicates that a bullish trend reversal is set up for the descending wedge pattern as DOGE targets $0.1704.

When the 50-day SMA and 200-day SMA merge to form a golden cross, it can promote a bullish trend and push the price higher.

However, if the downtrend continues, DOGE could move back further to support near $0.1326, which could act as a cushion against downward pressure.

As DOGE bulls head towards a bullish trend, some traders are diversifying their portfolios with Dogeverse, a Dogecoin derivative ICO that aims to rise to the top of the meme coin rankings along the same path as its dog-themed peers like Dogecoin and Shiba Inu.

This is the main reason why cryptocurrency analysts like Jacob Bury believe Dogeverse has the potential to rise 100x after launch.

Dogeverse presales surpass $15 million – your last chance to buy before launch

DOGEVERSE, the world’s first chain travel Doge, has already raised over $15 million in pre-sales, making a significant impact in the meme coin sector. This project is now offering one last opportunity to purchase before launch.

Now or never! 🚀

Purchase $DOGEVERSE in advance. #DEX The firing begins!#memecoin #altcoin #Solana#Ethereum #viceroy

— DogeVerse (@The_DogeVerse) May 5, 2024

This impressive funding not only demonstrates resilience in current market conditions, but also positions the coin to influence the multi-chain consolidation trend in the meme coin space.

The project supports several major blockchains, including Ethereum, BNB Smart Chain, Polygon, Solana, Base, and Avalanche, increasing reach and liquidity.

🌐 Embrace inclusive accessibility! 🚀

$DOGEVERSE opens its doors to a broad audience including: #Ethereum Enthusiasts who prefer fast and cost-effective benefits #Solana or #polygon, fostering diverse and inclusive communities. 🐕🌟 pic.twitter.com/sXPOvaoz67

— DogeVerse (@The_DogeVerse) April 12, 2024

The project’s mascot, Cosmo the Doge, has the ability to hyperjump between cryptocurrency networks, giving Dogeverse the ability to move across chains and expand accessibility within the cryptocurrency space.

Users can earn money passively by: Platform’s staking systemIt offers an impressive Annual Percentage Yield (APY) of 67%.

You can participate in the pre-sale by purchasing $DOGEVERSE for $0.00031 per token. But make sure to buy it quickly before the team launches the token on major exchanges.

Buy $DOGEVERSE on the official website here. Use ETH, USDT or bank card.

Related news

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