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According to CoinGecko, the price of Dogecoin has surged 6% over the past 24 hours, trading at $0.4402 as of 7:53 PM ET, with trading volume up 54% to $24.9 billion.
Dogecoin price aims for continued rise.
that DogCoin price The chart indicates a strong bullish trend, as evidenced by sharp upward movements and price trading well above the 50- and 200-day moving averages.
After the initial parabolic rally, the price entered a rising channel pattern with higher highs and higher lows. This suggests that the bullish sentiment continues, but is in a more controlled and consolidated phase.
The relative strength index (RSI) is 60.94, slightly below the overbought zone (70). This means that the price is still in a healthy upward trend, but we could see resistance as it approaches overbought levels again. The recent high near 63.18 suggests light selling pressure due to profit taking.
Meanwhile, the blue moving average divergence has already crossed the orange signal line, indicating that Dogecoin price is showing positive momentum.
If Dogecoin price maintains momentum within the upward channel, DOGE could surge higher and break the upper boundary of the channel as bulls target the next possible resistance level at $0.550.
DOGE/USDT chart analysis (Source: Tradingview)
Conversely, if bears push Dogecoin price to break the lower limit of the upward channel, DOGE price could plummet to the next support zone at its 50-day SMA ($0.39).
Meanwhile, investors are rushing to buy newly released meme coins. Cat slap (SLAP)It has shown a parabolic curve since listing three days ago.
According to ClayBro, a prominent crypto analyst with over 131,000 subscribers, Catslap could be the next meme coin to surge 50x.
Catslap has surged 120% in the last 24 hours. What is the best cryptocurrency to buy right now?
Catslap tokens are a fast-growing cat-themed meme coin that offers gamified clicker fun.
Players compete globally on a “Slapometer” that counts clicks and creates an addictive and competitive environment. The Slapometer has already gone into overdrive with over 4.9 million slaps occurring and counting.
Since Thursday’s launch, Catslap has soared more than 2,000%, reaching a market capitalization of $49 million.
new $slab ATH & Gary Gensler resign. Send it to the moon 😻 pic.twitter.com/PzaPD8fdn7
— CatSlap (@CatSlapToken) November 21, 2024
Catslap token is Liquidity locked in for 60 days At $3 million, you don’t have to worry about rug pulling here. It also received the highest score for reliability at 99/99. DexTools.
Catslap, which also boasts reliable smart contract auditing, is gaining traction among influencers and investors as it aims to list on a centralized exchange.
Adding to the FOMO craze is a partnership with Best Wallet, a fast-growing cryptocurrency wallet that connects Catslap tokens to over 60,000 users. This increases the visibility and momentum of $SLAP.
You can also earn passively through the project’s staking feature, which offers an excellent 40% return.
We are cooking. Staking is currently live, all website purchases will be staked for 7 days at 40% APY. Burn it to unlock it early 🔥🔥 pic.twitter.com/ZIUK9pd3sZ
— CatSlap (@CatSlapToken) November 21, 2024
SLAP price surged 120% in the last 24 hours to trade at $0.005127, according to DexScreener data.
you can Buy SLAP tokens on the official website here.. Buy before the team says there will be a major announcement in just 11 days. Can I be listed on Coinbase or Binance?
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