Dogecoin Price Prediction: DOGE Surges 15% as This New PEPE Upgrade Surpasses $23 Million in Presale
Dogecoin price has increased by 15% over the past 24 hours, trading at $0.1646 as of 3 a.m. EST, with trading volume jumping 145% to $3.76 billion.
Dogecoin Price Prediction
After rising to $0.168 a few hours ago, the Dogecoin price has corrected slightly to its current price of $0.1646. However, the big question is where will its price go from here?

The coin’s technical indicators suggest that Dogecoin price may still have room to grow, but at the same time, there is a certain degree of hesitation from investors and traders. This can be seen from the fact that the project’s Bollinger Bands have narrowed over the past few hours after being much wider during yesterday’s rally.

This suggests that the bullish wave may have been cut short, although it does not necessarily mean that the project’s price is about to collapse. The price has been oscillating between the lower band and the midpoint of the two bands for several hours, but now it seems ready to return to the upper band, which could lead to another expansion.

Meanwhile, the project's relative strength index (RSI) has shown quite positive behavior. After falling from the overbought zone, it only dropped to the neutral zone, where it stopped the decline. After a few hours of small fluctuations around the value of 50, the RSI score is showing signs of another growth.

This suggests that some traders have decided to sell their DOGE to take profits, but not enough people have done so to push the price into oversold territory. Instead, many people seem to be expecting the coin to see another price increase and are holding onto their DOGE in anticipation.

If true, DOGE could see another rally in the coming hours, especially with the support at $0.165 currently providing it with a foothold. Unless the market is hit by a strong bearish wave, Dogecoin could soon see another rally and reach levels last seen in April and March of this year.

$DOGE