Baby Doge Coin price has increased by 12% in the past 24 hours and is trading at $0.000000001875 as of 03:12 AM EST with trading volume jumping 205% to $248 million.
The event comes after Binance, the world's largest cryptocurrency exchange, listed BABYDOGE for spot trading, alongside Turbo and Neiro, on September 16.
🚀Baby Doge coin price may continue to rise.
According to data from GeckoTerminal, the price of Baby Doge Coin has been in a consolidation phase in September, trading in the $0.000000000998 range.
After listing on Binance, the asset gained positive momentum, surging through the bull phase to the $0.0000000021 resistance zone. However, the price has followed a bearish trend, but is still trading within a symmetrical triangle pattern.
The bulls are looking to create a breakout above the triangle, with BABYDOGE trading above both the 50-day and 200-day Simple Moving Averages (SMAs).
The relative strength index (RSI) is still trading in overbought territory, indicating that the asset remains overvalued and under strong buying pressure.
If the bulls continue to push the asset, Baby Doge Coin price could rise further as they target $0.00000000250.🤑
Conversely, if the asset comes under bearish pressure, Baby Doge Coin price could drop back to the $0.000000001095 support, which coincides with the 200-day SMA.
Meanwhile, investors are flocking to Memebet Casino (Memebet Token), a new presale that has raised over $239,000 in just one week since its launch.
The YouTube channel with over 58,000 subscribers says the token can turn $100 into $10,000 after launch.🤑