DOGE Price Bullish Momentum Sustains! Will the Meme Coin Hit $0.3 This Moonvember?

With a jump of ~7% in the past 24 hours, the DOGE meme coin has maintained its bullish sentiment in the cryptocurrency market.

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The price of the DOGE meme coin has surged over the past 24 hours, registering a gain of 7%. At press time, DOGE trades at $0.210, with a trading volume of $4.192 billion.

The memecoin has witnessed a bullish sentiment in the past week, with 5 out of 6 "green candles" indicating price increases. Over this period, DOGE has surged 30.38%. Moreover, in the past 30 days, Dogecoin price has nearly doubled, notching a 98.28% increase from 30 days ago.

Currently, DOGE trades above the $0.21 level and is poised to glance at its yearly high, situated around the resistance level of $0.2290.

A technical analysis of the DOGE meme coin reveals crucial price movements. The EMA 50/200-day has displayed a significant action in the Dogecoin price chart after recording a Golden Cross, highlighting increased bullish sentiment in the market.

The Moving Average Convergence Divergence (MACD) has constantly displayed a green histogram for about a month, with its averages recording aggressive growth in the 1D time frame.

If the memecoin leader maintains its value above the $0.21 mark, this will pave the path for it to retest its resistance trendline of $0.23. If the bullish sentiment intensifies at that point, this could potentially act as a catalyst in the DOGE coin price heading toward its $0.255 mark.

Conversely, if the sentiment turns negative, this could pull the Dogecoin price toward its lower support level of $0.155 this year.

Are you one of many who are eagerly waiting for this meme coin to achieve a new high? But uncertain about its price prospects? Read, our Dogecoin (DOGE) Price Prediction!

FAQs

With the ongoing trend, the DOGE coin may achieve the $0.25 mark shortly.

This memecoin with a potential surge may go as high as $1 during 2025.

With the fear and greed index stabilizing at 73, Dogecoin is a potential buy today.

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