Dogecoin Price Prediction: DOGE Surges 5% As The Parabolic DOGE20 ICO Offers Last Chance To Buy

The Dogecoin price surged 5% in the last 24 hours to trade at $0.206 as of 01:50 a.m. EST on trading volume that jumped 33% to $2.96 billion.

However, if the price crosses the critical support zone at $0.19, DOGE will negate the bullish outlook, which may drive the price down to $0.164.

Dogecoin experienced a surge of 20% in the past week, a jump attributed to a bullish market. Additionally, the upcoming Bitcoin halving, slated for mid-April, casts a positive light on alternative cryptocurrencies like $DOGE , with investors anticipating a repeat performance.

Dogecoin Price Ready To Push The Price Over The Bullish Pennant

The Dogecoin price has been on a tear in the last month, surging 46% in that time, which coincided with the entire cryptocurrency market. DOGE went through a markup phase, with the bulls adding to their positions, supported by the support zone at $0.08.

The surge saw DOGE record a high of $0.22, last seen in 2021, acting as the immediate resistance level.

DOGE then retraced back to the support level at $0.196, which saw the bulls remain resilient enough to push the price over the $0.20 level within the bullish pennant.

The inverse head-and-shoulders pattern, forming a neckline at $0.16, further supports DOGE’s potential to soar even higher.

DOGE is trading well above the 50-day and 200-day Simple Moving Averages (SMAs), confirming the token’s bullish prospects.

Additionally, the Relative Strength Index (RSI) is trading within the 50-midline level, suggesting that DOGE is in equilibrium with the potential for a breakout. If the bulls sustain the bullish stance, the RSI could soar to the 70-overbought region, indicating intense buying pressure.

Doge Coin Surprised 😧

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Doge Coin big update

I think market price is up and go on to round about 0.30$ within 2 days maybe.

So what do you think about DOGE Coin

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I think DOGE Coin Strat is pumping out ! What are you thinking 🤔 #DOGENEWS #Dogecoin‬⁩ #DOGE

Hi there what do you think about DOGE Coin will be rae up or not #Doge #Dogecoin‬⁩ #DOGENEWS

Hi there's anyone who tell me the current market situation of #DOGE Coin ?

Anyone tell me Why market is crash down 👎

Which Coin Should I buy now Can anyone tell me ?