DOGS Price Prediction: DOGS Surges 7%, But Experts Say Consider This P2E SHIB Derivative For 100X Gains
The DOGS price surged 7% in the last 24 hours to trade at $0.001069 as of 00:59 a.m. EST on trading volume that plunged 31% to 681 million.
DOGS Price Prediction: A Bullish Trend
The DOGS price is moving in an upward trajectory exhibiting a bullish trend. The bulls seem to have capitalized on the rounding bottom pattern at around $0.000944, pushing the price of DOGS up above the $0.00100 level, according to data from GeckoTerminal.
Currently, DOGS price is trading above the 50-day Simple Moving Average (SMA) affirming the bullish trend.
Moreover, the Relative Strength Index (RSI) trades above the 50-midline level, currently at 53 and moving up, confirming the asset’s bullish prospects.
The Moving Average Convergence Divergence (MACD) also displays a bullish crossover, with the blue MACD line crossing above the orange signal line. This further reinforces the current positive prospects for the price of DOGS.
According to the RSI and MACD, the price of DOGS is currently on an uptrend. If this momentum continues, DOGS could soar to the next resistance level at $0.001100.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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