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Dogecoin

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The Dogecoin price dropped 4% in the last 24 hours <a href="https://www.geckoterminal.com/bsc/pools/0xce6160bb594fc055c943f59de92cee30b8c6b32c" rel="noopener noreferrer nofollow">to trade at $0.1443</a> as of 11:42 p.m. EST on trading volume that plunged 5% to $1.02 billion.
This comes as DOGE’s daily averages appear on track to confirm a bullish golden cross. The 50-day Simple Moving Average (SMA) on the 4-hour chart is now trending north and looks set to cross above the 200-day SMA in the upcoming weeks, confirming a golden cross.
That means near-term price momentum could soon outperform long-term momentum, which could evolve into a prolonged bullish trend.
<h2 id="span-style-font-weight-400-dogecoin-price-set-to-rally-above-the-falling-wedge-pattern-span">Dogecoin Price Set To Rally Above The Falling Wedge Pattern</h2>
<figure id="attachment_519681" aria-describedby="caption-attachment-519681" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="size-full wp-image-519681" src="https://insidebitcoins.com/wp-content/uploads/2024/05/DOGE_2024-05-11_07-42-13.png" alt="Dogecoin Price Chart Analysis Source: Geckoterminal.com" width="1103" height="479" srcset="https://insidebitcoins.com/wp-content/uploads/2024/05/DOGE_2024-05-11_07-42-13.png 1103w, https://insidebitcoins.com/wp-content/uploads/2024/05/DOGE_2024-05-11_07-42-13-300x130.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/05/DOGE_2024-05-11_07-42-13-1024x445.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/05/DOGE_2024-05-11_07-42-13-768x334.png 768w" sizes="(max-width: 1103px) 100vw, 1103px">
 <figcaption id="caption-attachment-519681" class="wp-caption-text">
 DOGEUSD Chart Analysis Source: Geckoterminal.com
 </figcaption>
</figure>
<a href="https://www.geckoterminal.com/bsc/pools/0xce6160bb594fc055c943f59de92cee30b8c6b32c" rel="noopener noreferrer nofollow">Geckoterminal’s analysis</a> reveals that Dogecoin has been on a downward trajectory over the last week, following a surge that took it to a resistance level of around $0.168.The Dogecoin price has since been on a downtrend, trading within a falling wedge pattern as it found support around the $0.142 level.
The DOGE bulls are aiming to drive the price above the upper boundary of the wedge, which is set to drive the price to higher levels.
DOGE also trades below both the 50-day and 200-day SMAs, which coincides with the current price downtrend within the falling wedge.
Moreover, the readings on the Relative Strength Index (RSI) show that buyers are starting to buy as the indicator moves towards the 50-midline level, currently trading at 41.
<h2 id="span-style-font-weight-400-dogecoin-price-prediction-span">Dogecoin Price Prediction</h2>
The Dogecoin price analysis on the 4-hour chart indicates that DOGE is set for a bullish trend reversal over the falling wedge pattern, as the bulls target $0.1704.
With the 50-day and 200-day SMA set to merge, the formation of a golden cross will encourage the bullish trend, which could push the price even higher.
However, if the bears sustain the downtrend, DOGE could retrace further to the support around $0.1326, acting as a cushion against downward pressure.
As the DOGE bulls gear up towards a bullish trend, some traders are diversifying their portfolios with Dogeverse, a Dogecoin derivative ICO that aims to follow the same trail to the top of the meme coin rankings as dog-themed peers like Dogecoin and Shiba Inu.
That is a key reason why crypto analysts like Jacob bury believe that Dogeverse has the potential to soar 100X after launch.
<iframe title="Dogeverse Raises $12,000,000 - New 100X Potential WORMHOLE Meme Coin?!?!" width="640" height="360" src="https://www.youtube.com/embed/0YvOJm6-c-I?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="span-style-font-weight-400-dogeverse-presale-blasts-past-15-million-last-chance-to-buy-before-launch-span">Dogeverse Presale Blasts Past $15 Million – Last Chance To Buy Before Launch</h2>
<a href="https://insidebitcoins.com/visit/dogeverse" rel="noopener noreferrer nofollow">Dogeverse (DOGEVERSE)</a>, the world’s first chain-traveling Doge, has already made a significant impact in the meme coin sector by raising over $15 million in its presale. The project is now offering a last chance to buy before it launches.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 It's now or never! 🚀
 Buy some $DOGEVERSE before the <a href="https://twitter.com/hashtag/DEX?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#DEX</a> launch kicks off!<a href="https://twitter.com/hashtag/Memecoins?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Memecoins</a> <a href="https://twitter.com/hashtag/Altcoins?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Altcoins</a> #Solana#Ethereum <a href="https://twitter.com/hashtag/DOGE?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#DOGE</a>
 — DogeVerse (@The_DogeVerse) <a href="https://twitter.com/The_DogeVerse/status/1787165613237919894?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 5, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Such impressive fundraising not only demonstrates resilience in current market conditions but also positions the coin to influence the trend toward multi-chain integration in the meme coin realm.
The project supports multiple major blockchains, including Ethereum, BNB Smart Chain, Polygon, Solana, Base, and Avalanche, which enhances its reach and liquidity.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 🌐 Embracing Inclusive Accessibility! 🚀
 $DOGEVERSE opens its doors to a wide audience, from <a href="https://twitter.com/hashtag/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Ethereum</a> aficionados to those preferring the rapid, cost-effective benefits of <a href="https://twitter.com/hashtag/Solana?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Solana</a> or <a href="https://twitter.com/hashtag/Polygon?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Polygon</a>, fostering a diverse and inclusive community. 🐕🌟 <a href="https://t.co/sXPOvaoz67" rel="noopener noreferrer nofollow">pic.twitter.com/sXPOvaoz67</a>
 — DogeVerse (@The_DogeVerse) <a href="https://twitter.com/The_DogeVerse/status/1778709701221384322?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">April 12, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
The project’s mascot, Cosmo the Doge, has the ability to hyperjump between crypto networks, which gives Dogeverse the ability to move across chains and widens its accessibility within the crypto realm.
Users can earn passively through <a href="https://insidebitcoins.com/visit/dogeverse" rel="noopener noreferrer nofollow">the platform’s staking system</a>, with an impressive 67% annual percentage yield (APY) on offer.
You can participate in the presale by buying $DOGEVERSE for $0.00031 per token. Buy soon, though, before the team launches the token on major exchanges.
<a href="https://insidebitcoins.com/visit/dogeverse" rel="noopener noreferrer nofollow">Buy $DOGEVERSE on the official website here</a> using ETH, USDT, or a bank card.
<h2 id="span-style-font-weight-400-related-news-span">Related News</h2>
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 <li style="font-weight: 400;"><a href="https://www.linkedin.com/pulse/dogecoin-price-prediction-doge-reach-1-2024-juliana-clarisse-calsona-yqwse" rel="noopener noreferrer nofollow">🚀 Dogecoin Price Prediction: Will DOGE Reach $1 in 2024? 🐶💰</a></li>
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Dogecoin Price Prediction As DOGE Heads For A Golden Cross And Traders Rush To Buy Dogeverse With Time Running Out

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