DOGE Could Rebound to $0.16 While this Altcoin Rival Rises 10,000x
The post DOGE Could Rebound to $0.16 While this Altcoin Rival Rises 10,000x appeared on BitcoinEthereumNews.com.
DISCLAIMER: This article is a SPONSORED Press Release and does not constitute Finbold’s editorial content. Crypto assets/products involve significant risks. Do not invest unless you are prepared to lose your entire investment. For a full disclaimer, please . Recent trends suggest that the Dogecoin price may be poised for a rebound to $0.16, sparking optimism among its holders. Meanwhile, a new altcoin rivaling Dogecoin is making waves during its presale stage, with predictions indicating a potential 10,000x surge after its public listing. Dogecoin Price Prediction: Can DOGE Hit $0.16? Dogecoin (DOGE) gained widespread attention thanks to its meme-inspired origins and high-profile endorsements. However, it has experienced significant volatility since hitting an all-time high of $0.6905. Currently, the Dogecoin price is $0.1146, reflecting an 83.40% drop from its peak. Despite this, strong indicators suggest a potential recovery to $0.16 in the near future. The price of DOGE is above its 50-day and 100-day Exponential Moving Averages (EMAs), a bullish signal that implies further growth. The 14-day Relative Strength Index (RSI) is also neutral at 55.93. At the same time, the weekly RSI is also neutral at 38.58, suggesting the asset is neither overbought nor oversold, leaving room for upward movement. Moreover, resistance levels have been identified at $0.1388 and $0.1528, making these crucial targets for a price recovery. Technical and on-chain analyst Ali Martinez is among the hopeful analysts who hope that DOGE will push past the identified resistance levels and continue upward to $0.16, driven by positive market sentiment and growing demand for the token. The New DOGE Rival Poised to Surge 10,000x While Dogecoin (DOGE) shows potential for a rebound, another cryptocurrency, a relatively new altcoin dubbed RCO Finance (RCOF), is attracting attention for its explosive growth prospects. RCOF is currently in the second stage of its presale, having…
Filed under: News - @ October 8, 2024 12:24 pm