Dog Go To The Moon: DOG Price Analysis and Prediction

Bittime - Dog Go To The Moon, better known by its symbol DOG, is a cryptocurrency that was launched on April 24, 2024 using the Runes protocol. DOG quickly gained popularity, making it the most popular token on the Runes platform. This surge can be traced back to an effective airdrop campaign, where the developer distributed 100 billion DOG tokens to more than 75,000 Ordinal Runestone NFT owners on the first day of launch. This strategy not only skyrocketed DOG's value but also established it as a significant token in the Runes system.

DOG Price Analysis: Technical Analysis

• Current Price: $0.0066
• Sentiment: Bullish
• Price Prediction: $0.019887 (Increase: 223.43%)
• Volatility: 16.23%
• 50-Day SMA: $0.005517
• 14-Day RSI: 53.05
• Fear & Greed Index: 53 (Neutral)
• Green Day: 15/30 (50%)

DOG Price Analysis

DOG showed a bullish surge towards $0.0066 but faced rejection. Resistance for DOG comes at $0.006586 and support at $0.00548. DOG price analysis for July 1 confirms that traders from both sides are struggling to validate a clear price trend in the coming hours. DOG is currently trading at $0.0066, an increase of more than 0.5% in the last 24 hours.

DOG Daily Price Chart

Analyzing DOG's daily price chart, DOG price struggles to validate a clear trend as traders from both sides fight for dominance. As a result, DOG price consolidated around $0.0066. The 24-hour trading volume has jumped to $23 million, indicating increased interest in trading activity today. The trend line of RSI-14 (relative strength index) has jumped from the previous level and is currently at 52, indicating approaching bullish pressure.

DOG 4 Hour Price Chart

The 4-hour DOG price chart shows that the bulls are strengthening their position by trying to hold the price above the EMA trendline. However, the bears maintain confidence in selling as the price faces a tough battle. The BoP indicator is in positive territory at 0.67, indicating that short-term buyers are taking the opportunity to accelerate the uptrend.

Additionally, the MACD trend line has formed a bullish candle below the signal line and the indicator is aiming for positive momentum, strengthening the confidence of long position holders.

What to Expect from the Next DOG Price Analysis?

The hourly price chart confirms that DOG price is trying to fall below the immediate support line; however, bulls eye further recovery in the coming hours. If DOG price manages to maintain its momentum above $0.006586, it will trigger a bullish rally up to $0.008008. If the bulls fail to initiate a surge, DOG price may fall below the immediate support line at $0.00548, which could initiate a bearish trend up to $0.004822.

Latest News

Ordinals developer and Runestone founder Leonidas Leonidas stated on social network X that if Satoshi Nakamoto, the creator of Bitcoin, was still alive, he would have realized the craze of meme coins, specifically $DOG, on the blockchain.

DOG Price Prediction July 2024

DOG prices move in diverse ways in the cryptocurrency market. DOG stands out from many other cryptocurrencies because it does not rely on pre-sales or team allocation. In contrast, DOG is completely supported by its community, with no central authority in charge. This has resulted in a group of dedicated and enthusiastic supporters who have been critical to DOG's growth and evolution.

DOG GO TO THE MOON Price Prediction 2024

The DOG•GO•TO•THE•MOON cryptocurrency is expected to reach a minimum price of $0.0142 in 2024. The price could rise to a peak of $0.0148, with an average trading price of around $0.0143.

Conclusion

DOG GO TO THE MOON shows great potential in the cryptocurrency market. With strong community support and bullish predictions from analysts, DOG could be an attractive investment for the coming years. Stay alert to market trends and technical analysis to maximize profits from this investment.

How to Buy Crypto in Bittime

You can buy and sell crypto assets in an easy and safe way via over. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets at over, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Study Complete Guide How to Buy Crypto on Bittime. 

Monitor graphic movement Bitcoin (BTC) price, Ethereum (ETH), Solana (SUN) and other cryptos to find out today's crypto market trends in real-time on Bittime.