Dogecoin

2024

Bitcoin

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<p>The cryptocurrency market continues displaying a volatile price action by displaying price movements within a short period. Moreover, with Bitcoin failing to hold its price above the $63k mark, the memecoin category has also taken a dip.</p>  
<p>Top tokens such as Doegcoin (DOGE) continue hovering close to their important support/resistance levels, indicating a mixed-price action. Will DOGE price make a comeback this Uptober? Read our article to uncover the price mysteries!</p>  
<h2 class="wp-block-heading" id="h-doge-meme-coin-to-retest-its-support-trendline">DOGE Meme Coin To Retest Its Support Trendline?</h2>  
<p>Amid increased price volatility, the Dogecoin crypto price has dropped ~4% in the past 24 hours with a trading volume of $775.71 million. Moreover, it has corrected 9.17% over the past week. However, it has formed a rising channel pattern and has continued trading within it since September.</p>  
<figure class="wp-block-image size-large"><img src="https://image.coinpedia.org/wp-content/uploads/2024/10/08233121/image-95-1024x539.png" alt="Dogecoin 8 oct price analysis" class="wp-image-362382">
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<p>Successively, it has surged 11.81% during the past 30 days and has a Year-to-Date (YTD) return of +19.91%. Furthermore, with a market capitalization of $15.692 billion, it has secured the 08th position in the market.</p>  
<h2 class="wp-block-heading" id="h-dogecoin-technical-sentiments">Dogecoin Technical Sentiments</h2>  
<p>The Simple Moving Average (SMA) is on the brink of registering a bullish convergence in the 1D time frame. This suggests that the DOGE memecoin could continue gaining value this week.</p>  
<p>However, the MACD indicator shows a constant red histogram in the Dogecoin price chart. This highlights a mixed-price sentiment for the largest meme coin.</p>  
<h2 class="wp-block-heading" id="h-will-doge-go-up-in-2024">Will DOGE Go Up In 2024?</h2>  
<p>If the memecoins regain momentum, this could result in the Doge coin price retesting its resistance level of $0.127. Moreover, if the bullish sentiment intensifies, this could result in it heading toward its upper resistance level of $0.155 in the coming time.</p>  
<p>On the negative side, if the bears outrun the bulls, the Dogecoin price could retest its support level of $0.101. Further, if the bears dominate the crypto space, this could result in it plunging toward its crucial support level of $0.0780.</p>  
<p>Curious about the memecoin leader’s long-term prospects? Read our <a href="https://coinpedia.org/price-prediction/dogecoin-price-analysis/" target="_blank" rel="noopener noreferrer nofollow">Dogecoin (DOGE) Price Prediction</a> 2024 - 2030</p>

Dogecoin Price Analysis: DOGE Price To Retest $0.155 This Uptober?

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