Convergence

Dogecoin

bullish

Coin

The Dogecoin price dropped 2% in the last 24 hours and 16% in a month <a href="https://www.geckoterminal.com/eth/pools/0xfcd13ea0b906f2f87229650b8d93a51b2e839ebd" rel="noopener noreferrer nofollow">to trade at $0.1012</a> 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 <a href="https://www.coingecko.com/en/categories/meme-token" rel="noopener noreferrer nofollow">Coingecko</a>.
<h2 id="dogecoin-price-aims-for-a-breakout">Dogecoin Price Aims For A Breakout</h2>
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 <a href="https://www.geckoterminal.com/eth/pools/0xfcd13ea0b906f2f87229650b8d93a51b2e839ebd" rel="noopener noreferrer nofollow">GeckoTerminal</a>.&nbsp;
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, indicating that the price of Dogecoin could break to any side.
The Moving Average Convergence Divergence (MACD) shows some bullish prospects as the MACD climbs towards the neutral line. Moreover, the blue MACD line crosses above the orange signal line, which represents a bullish crossover.
According to the DOGE analysis, the token is set for a bullish rally as the bulls aim for a breakout above the sideways pattern, targeting $0.12.
<figure id="attachment_566074" aria-describedby="caption-attachment-566074" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="wp-image-566074 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/08/Uniswap-V2-_GeckoTerminal.com_DOGE_2024-08-19_07-44-29.png" alt="Cardano Price Chart Analysis Source: GeckoTerminal.com" width="1255" height="508" srcset="https://insidebitcoins.com/wp-content/uploads/2024/08/Uniswap-V2-_GeckoTerminal.com_DOGE_2024-08-19_07-44-29.png 1255w, https://insidebitcoins.com/wp-content/uploads/2024/08/Uniswap-V2-_GeckoTerminal.com_DOGE_2024-08-19_07-44-29-300x121.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/08/Uniswap-V2-_GeckoTerminal.com_DOGE_2024-08-19_07-44-29-1024x414.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/08/Uniswap-V2-_GeckoTerminal.com_DOGE_2024-08-19_07-44-29-768x311.png 768w" sizes="(max-width: 1255px) 100vw, 1255px">
 <figcaption id="caption-attachment-566074" class="wp-caption-text">
 Cardano Price Chart Analysis Source: GeckoTerminal.com
 </figcaption>
</figure>
However, with the price of Dogecoin still trading below both the SMAs, the bears could exert pressure at this level, with $0.095 acting as the immediate support level.
Meanwhile, investors are rushing to buy a new DOGE alternative called <a href="https://insidebitcoins.com/visit/playdoge" rel="noopener noreferrer nofollow">PlayDoge (PLAY)</a>, with just a week left until its presale ends.
An analyst from 99Bitcoins, a popular YouTube channel with over 706K subscribers, predicts that PLAY could potentially surge 10X after its launch.
<iframe title="Play to Earn meets Meme Coin - is PlayDoge the NEXT 10X Potential Crypto?!" width="640" height="360" src="https://www.youtube.com/embed/wqT1-e2vXs4?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
<h2 id="playdoge-meme-coin-blasts-past-6-1-million-best-meme-coin-to-buy-now">PlayDoge Meme Coin Blasts Past $6.1 Million – Best Meme Coin To Buy Now?</h2>
In what has been a highly successful ICO, PlayDoge has amassed over $6.1 million and recently announced that its presale will conclude on August 26 at 10 am UTC.
PlayDoge is not just another meme coin. It gives Tamagotchi a crypto makeover, with the $PLAY token serving as its in-game currency.
It’s a mobile-based play-to-earn (P2E) game that allows users to care for an 8-bit pixel Doge in the retro-style mobile game. Players get to feed, play mini-games, and bond with their virtual pet, earning $PLAY tokens in the process.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Introducing <a href="https://twitter.com/hashtag/PlayDoge?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#PlayDoge</a> – the only <a href="https://twitter.com/hashtag/P2E?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#P2E</a> Doge companion! 🐶
 Inspired by the legacy of <a href="https://twitter.com/hashtag/Tamagotchi?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Tamagotchi</a>, feed, train and play with your 2D Doge to earn <a href="https://twitter.com/search?q=%24PLAY&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$PLAY</a>. 💰
 Don't neglect your doge, his life's on the line 😲💀
 Join the <a href="https://twitter.com/hashtag/Presale?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Presale</a> Now ⬇️<a href="https://t.co/JT0VEofqf2" rel="noopener noreferrer nofollow">https://t.co/JT0VEofqf2</a> <a href="https://t.co/RoJYXLS1FH" rel="noopener noreferrer nofollow">pic.twitter.com/RoJYXLS1FH</a>
 — PlayDoge (@PlayDogeGame) <a href="https://twitter.com/PlayDogeGame/status/1797599238307594485?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 3, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
PlayDoge operates on the BNB Chain, a blockchain created by the world’s largest crypto exchange, Binance, further increasing its appeal.
Apart from earning through P2E, token holders can earn passively by <a href="https://insidebitcoins.com/visit/playdoge" rel="noopener noreferrer nofollow">staking $PLAY</a> for an impressive 75% annual yield (APY).
You can buy $PLAY tokens for $0.0053 each. With a price hike coming in about 4 hours, buy soon to lock in the best deal.
To join the presale, <a href="https://insidebitcoins.com/visit/playdoge" rel="noopener noreferrer nofollow">buy $PLAY from the official website here</a> using BNB, USDT, or a bank card.
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Dogecoin Price Prediction: DOGE Plummets 16% In A Month As Traders FOMO Buy This P2E ICO With Days Left

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