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Dogecoin Price Prediction: Top Analyst Sees New Dogecoin Bull Market, This DOGE 2.0 Derivative ICO Soars Past $13 Million

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Dogecoin price has surged 6% in the last 24 hours. Traded at $0.1321 As of 7:25 a.m. EST, trading volume was up 5% to $1.89 billion.

The surge came as cryptocurrency expert Ali Martinez suggested that a new bull market could soon begin despite the recent DOGE price correction.

Dogecoin price indicates a bounce from a double bottom pattern.

Dogecoin price declined from the $0.2237 resistance level and then showed signs of a bullish trend reversal at the $0.1220 support level, allowing the bears to push the price lower during the correction phase. However, a double bottom pattern may form, allowing buyers to initiate a bullish rally.

DogCoin priceDogCoin price

DOGEUSDT analysis. Source: Tradingview.com

Dogecoin seems poised to regain its previous highs thanks to optimistic investors who have been able to keep the price above the 200-day simple moving average. Repeatedly, DOGE price has faced resistance at its 50-day SMA, suggesting significant selling pressure at higher levels. However, if pressure increases, the price will likely move above the 50-day SMA.

Moreover, the Relative Strength Index (RSI) indicates a rebound from the oversold level of 30. If momentum continues, RSI should reach the 50 midline level.

Dogecoin price aims to recover the $0.2237 high.

Dogecoin bulls are pushing the price higher and are looking for support at the 200 SMA. With increasing momentum within the $0.1220 support zone, the price is likely to regain the $0.2237 high in the coming weeks.

Conversely, the bears may continue the correction phase, pushing the price below the support at $0.1220, while the bulls may pull back towards the support at $0.1057.

Dogeverse presales surpass $13 million.

As the price of Doji appears to be stabilizing, investors are still flocking to the market. dozer bus We’ve already had a meme coin pre-sale that has raised over $13 million.

Dogeverse is the latest addition to the dog-themed cryptocurrency space. Despite its connection to the largest meme coin by market capitalization, Dogeverse stands out as the first cross-chain token in the cryptocurrency space, which is interesting in its own right.

Dogeverse currently operates on six blockchain networks: Polygon, Ethereum, BNB Chain, Avalanche, Solana, and Layer 2 Base.

Enjoy 85% APY through staking

DOGEVERSE offers Ethereum blockchain users a built-in staking option that offers 85% annual returns.

Jacob Bury, a cryptocurrency analyst and YouTuber, expects DOGEVERSE to skyrocket by 10x to 100x once it is launched.

With price increases expected within 19 hours, interested parties will need to act quickly to secure the best deal.

Purchase DOGEVERSE on the project website here.

Related articles

Dogeverse – Multichain Meme Coin

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  • 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

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