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The Dogecoin price prediction shows that the Dogecoin price remains within the bullish setup, as long as it remains above the 21-day moving average and the center line of the ascending channel.
Dogecoin prediction data:
- Dogecoin price now – $0.383
- Dogecoin market cap – $56.42 billion
- Circulating supply of Dogecoin – 147.48 billion
- Total supply of Dogecoin – 147.48 billion
- Dogecoin Coinmarketcap Ranking – No. 7
Dogecoin (DOGE) has shown remarkable growth since its inception, rising an incredible +449,559.03% from its all-time low of $0.00008547 in May 2015. Although it is currently trading around -47.89% below its all-time high of $0.7376 Accessed in May 2021, DOGE remains a strong competitor in the cryptocurrency space. Over the past 24 hours, its price has ranged between $0.3748 and $0.3946, reflecting typical market activity. This impressive journey, from niche currency to widespread adoption, underscores the importance of early involvement and thorough research in cryptocurrency investments.
Doji/USD market
Key levels:
Resistance levels: $0.500, $0.550, $0.600
Support levels: $0.255, $0.205, $0.155
DOGE/USD is currently trading around $0.383 above the 9-day and 21-day moving averages. Meanwhile, within the ascending channel range, the nearest resistance could be located at $0.400, with nearby resistance at $0.450. However, if the market rises, additional resistance can be found near the upper border of the channel.
Dogecoin Price Prediction: Dogecoin (DOGE) may be heading to the upside
The daily chart of Dogecoin (DOGE/USD) is showing a gradual recovery, with the price currently trading at $0.383. The market is moving within an ascending channel, supported by the 9-day and 21-day moving averages. The recent bounce above the 9-day moving average indicates a return of bullish momentum, and the price is now targeting the $0.400 resistance level. The 21-day moving average at $0.3398 is acting as a dynamic support, reinforcing the bullish structure.
however. If the uptrend continues, the price is likely to retest the resistance level at $0.500, which is in line with the center line of the channel. A break above this barrier could indicate a stronger upside rally, likely targeting the $0.550 and $0.600 resistance levels. Conversely, rejection near this resistance could lead to a pullback, as the 21-day moving average or the lower limit of the channel around $0.300 act as potential support areas while critical support levels lie at $0.255, $0.205, and $0.155. .
DOGE/BTC starts an upward movement
The daily chart of Dogecoin (DOGE/BTC) shows the price trading at 391 SAT, with slight bullish momentum as the market bounces above the 9-day moving average (MA) at 350 SAT and the 21-day MA at 348 SAT. The ascending channel structure remains intact, indicating a medium-term uptrend. The price is trying to break through the upper border of the channel, with immediate resistance at 500 SAT and above. Meanwhile, a successful break above this level could push the price higher towards 550 SAT.
However, if the price fails to maintain the current momentum, it may retest the support at 350 SAT, which corresponds to the 9-day moving average. Further decline could push the price towards the lower limit of the channel at 280 SAT, which could identify a critical support level at 255 SAT and below. Furthermore, traders should monitor volume and price action near these key levels to confirm the direction of the next important move.
In this regard, @Evolution4x shared with his followers on X (formerly Twitter) that Dogecoin ($DOGE) is on track to surpass $1, describing this goal as very close. What are your thoughts on $DOGE’s future and its ability to achieve this milestone?
$Suit He presses his nose against the ceiling… and then he has to move into hyperspace. copy @blknoiz06 pic.twitter.com/Qrq004PAZe
– Raoul Pal (@RaoulGMI) January 3, 2025
Dogecoin alternatives
Dogecoin price saw a new surge to a new high after hitting a daily low of $0.376 to touch the resistance level of $0.400. However, the market price may remain above the 9-day and 21-day moving averages, but higher support is expected at $0.375 level. Meanwhile, with Elon Musk’s Pepe-themed profile photo generating interest and constant tweets fueling excitement, Wall Street Pepe has garnered significant interest in the cryptocurrency space. The token is gaining momentum, with daily transactions exceeding $500,000 and heading towards the million-dollar mark.
ChatGPT says Wall Street Baby will see gains of 10 to 100 times
Wall Street Pepe’s success is further reinforced by comparisons with other meme coins like Pepe Unchained, which achieved a 7x increase in its early days. Many investors, buoyed by past gains, are reinvesting in Wall Street Baby as the stars align for its growth.. With significant support and growing interest, Wall Street Baby stands poised to deliver outsized returns, making it a compelling choice for both experienced and new investors.
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