Dogecoin

Rally

Memecoin

<p>The Dogecoin token has surpassed the market cap of “USDC” to become the 07th largest cryptocurrency in the world. Notably, the DOGE memecoin started gaining traction following Elon Musk’s mention on D.O.G.E this month.</p>  
<p>With the rising volatility in the crypto market, will Dogecoin maintain its bullish momentum and head toward its upper price target or will this memecoin undergo correction in the coming time?</p>  
<h2 class="wp-block-heading" id="h-doge-memecoin-records-42-month-high"><strong>DOGE Memecoin Records 42-month High!</strong></h2>  
<p>With a weekly surge of ~25%, the Dogecoin price has maintained its upward trend. Moreover, it has soared 153.16% during the last 30 days. This highlights an increased positive influence of the meme coin in the crypto space.</p>  
<figure class="wp-block-image size-large"><img src="https://image.coinpedia.org/wp-content/uploads/2024/11/18175836/image-295-1024x541.png" alt="DOGE Memecoin Records 42-month High!" class="wp-image-381269">
</figure>  
<p>Notably, with a Year-to-Date (YTD) return of +305.68%, the Dogecoin price has achieved its 42-month high. With a market capitalization of $53.23 billion, it has secured the 07th position in the market.</p>  
<h2 class="wp-block-heading" id="h-dogecoin-technical-sentiments"><strong>Dogecoin Technical Sentiments</strong></h2>  
<p>The SMA indicator has supported the DOGE coin price in the daily time frame. This suggests an increase in the buying-over-selling pressure for the largest memecoin in the crypto market.</p>  
<p>The Relative Strength Index (RSI) continues trading above the overbought range in the Dogecoin price chart. However, with its average trendline recording a bearish convergence, this altcoin hints at a mixed price sentiment this week.</p>  
<h2 class="wp-block-heading" id="h-how-high-can-doge-price-soar"><strong>How High Can DOGE Price Soar?</strong></h2>  
<p>If the bullish momentum sustains, the Dogecoin memecoin could head toward its resistance level of $0.440. Furthermore, if the bulls dominate the cryptocurrency market, this could push the price of this altcoin to its upper high of $0.50 this month.</p>  
<p>On the flip side, if the bears outrun the bulls, the DOGE memecoin may retest its support level of $0.325. Moreover, if the bearish sentiment intensifies, this could result in it plunging toward its lower support level of $0.265.</p>  
<p>Curious to know if this meme coin will hit the $1 mark? Read CoinPedia’s <a href="https://coinpedia.org/price-prediction/dogecoin-price-analysis/" target="_blank" rel="noopener noreferrer nofollow">Dogecoin Price Prediction</a>, and also subscribe to us to stay updated on the latest happening in the crypto-verse.</p>  
<h2 class="wp-block-heading" id="h-faqs"><strong>FAQs</strong></h2>  
<div class="schema-faq wp-block-yoast-faq-block">
 <div class="schema-faq-section" id="faq-question-1731932981401"><strong class="schema-faq-question"><strong>Will DOGE reach $1?</strong></strong>
  <p class="schema-faq-answer">Dogecoin will require a jump of 172.11% to achieve the $1 mark.</p>
 </div>
 <div class="schema-faq-section" id="faq-question-1731932995382"><strong class="schema-faq-question"><strong>How much is $500 worth of Dogecoin right now?</strong></strong>
  <p class="schema-faq-answer">With a current trading price of $0.36749, you can buy 1,360.5812 DOGE memecoins.</p>
 </div>
 <div class="schema-faq-section" id="faq-question-1731933009482"><strong class="schema-faq-question"><strong>How high will DOGE go in 2025?</strong></strong>
  <p class="schema-faq-answer">With a potential surge, this memecoin may surge to a maximum of $1.07.</p>
 </div>
</div>

Dogecoin Price Prediction: Bullish Rally Hints A Retest At $0.5?

Table of Contents

CoinPedia News

Other articles published on Nov 18, 2024

Top 5 Affordable Cryptos Under $0.10 Primed for Massive Returns Before Year-End!

Top 4 Low-Cost Altcoins Analysts Recommend for 1000x Before 2025

Gate.io Launches USDE Financial Products with Annualized Returns of Up to 54%, Ushering in a High...

Bitcoin Surges Past $81,000 Amid Trump’s Victory and Pro-Crypto Political Shift

Crypto Market Braces for $489 Million in Token Unlocks This Week

Trump’s Win Ignites DOGE and PEPE Price Rallies—Which 3 Altcoins Are Ready to Follow, According t...

Join our free newsletter for daily crypto updates!