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DOGS

DOGS, a Telegram-native meme coin, has recently garnered the attention of crypto participants due to its extreme volatility. Defying the sluggish trend of August, this asset projected a massive movement yesterday, following the Token Generation Event (TGE) and listing on major exchanges. Here’s why DOGS price prediction hints at a bullish reversal. 
<h2 id="span-style-font-weight-400-dogs-price-prediction-hints-recovery-amid-binance-s-new-trading-pairs-span">DOGS Price Prediction Hints Recovery Amid Binance’s New Trading Pairs</h2> 
Today, Binance <a rel="nofollow" href="https://www.binance.com/en-IN/square/post/12730990212961" target="_blank">announced</a> the launch of new trading pairs and expanded Trading Bot services. The new trading pairs, including the DOGS/BRL, DOGS/USDC, RARE/BRL, and RARE/USDC, will be available for trading on August 28, 2024, at 13:00 (UTC). 
Additionally, the largest <a href="https://coingape.com/crypto-exchanges/">crypto exchange</a> by volume, Binance, will enable Trading Bots services for ETH/EUR, SOL/EUR, 1000SATS/TRY, BONK/TRY, PEPE/TRY, and USDC/USDT, which will be accessible at 13:00 (UTC) the same day. 
Introducing new trading pairs typically increases market liquidity and offers more trading opportunities, potentially driving volatility. Thus, the DOGS price prediction signals a potential dynamic move this week as it becomes easily accessible to different regions, expanding the token’s global presence. 
<h2 id="span-style-font-weight-400-doge-token-secures-crucial-support-span">DOGE Token Secures Crucial Support</h2> 
On August 26th, DOGS price prediction showed a sudden crash to $0.0001 following the <a href="https://coingape.com/markets/dogs-price-crash-94-tokens-unlock-tomorrow/">token unlock</a> of 502.48 billion DOGS, representing 92% of Max Supply. However, after its <a href="https://coingape.com/dogs-price-skyrockets-120-on-binance-amid-high-on-chain-activity/">Binance listing</a>, the token swiftly rebounded to $0.0012, recovering most of its intraday loss. 
The Dog-themed <a href="https://coingape.com/meme-coin/">meme coin</a> indicates a minimal intraday increase of 0.02%, bringing its value to $0.0012. The neutral behavior bolsters buyers to stabilize above the psychological level of $0.001. Amid the new trading pairs by Binance, the token price could rebound 153% to retest the $0.0031 resistance. 
The momentum indicator Relative strength index close to the oversold region could attract buyers to capture discounted token value. 
<figure style="width: 100%" class="wp-caption alignnone">
 <img decoding="async" src="https://s3.tradingview.com/snapshots/j/JirzZn0w.png" alt="DOGS Price Prediction" width="1814" height="836">
 <figcaption class="wp-caption-text">
 DOGS/USDT – 1d Chart
 </figcaption>
</figure> 
However, until the overhead resistance is intact, the DOGS price prediction could project a sideways to a bearish trend. A potential breach above $0.0031 could signal an early sign of recovery. 
The post <a href="https://coingape.com/markets/dogs-price-prediction-binance-pair-rally-0-003/">DOGS Price Prediction: Binance’s New Trading Pair Sparks Rally to $0.003</a> appeared first on <a href="https://coingape.com">CoinGape</a>.

DOGS Price Prediction: Binance’s New Trading Pair Sparks Rally to $0.003

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