The Baby Doge Coin price surged 15% in the last 24 hours to trade at $0.000000002918 as of 03:37 a.m. EST on trading volume that jumped 27% to $106 million.
Baby Doge Coin Price To Continue Soaring
The Baby Doge Coin price has been on a sustained rise since September, as it soared from the $0.0000000010 support, according to data from GeckoTerminal. However, the bears may have gained some control around the $0.000000002900 resistance to drop to the $0.00000000180 and back to the resistance.
The price of Baby Doge Coin movements and follow-through formed a rounding bottom pattern, which could indicate that the value of BABYDOGE is moving up even further.
BABYDOGE price now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), which is a confirmation of the recent rally.
Moreover, the Relative Strength Index (RSI) is trending within the oversold region, an indication that the asset is still overvalued.
The Moving Average Convergence Divergence (MACD) now crosses above the neutral line, which shows that the Baby Doge Coin price is on positive momentum. The blue MACD line also crosses above the orange signal line, representing a bullish crossover.
BABYDOGEUSD Chart Analysis Source: GeckoTerminal.com
Baby Doge Coin Price Prediction
According to the Baby Doge Coin price analysis, BABYDOGE is currently on a bullish trend reversal, as the bulls capitalize on the rounding bottom pattern. If the value continues to rise, Baby Doge Coin may soar even higher, as the bulls target $0.0000000040.
However, if the bears take control of the price, the BABYDOGE price may still drop to the next support around $0.000000002131 (50-day SMA).
Meanwhile, investors looking for alternative investment options may want to consider Crypto All-Stars (STARS), an innovative new ICO that has raised over $2.1 million in presale.
According to ClayBro, a prominent crypto analyst on YouTube with over 130K subscribers, $STARS has the potential to soar 10X after its launch.
Crypto All-Stars Garners Over $2.1 Million In Presale
Crypto All-Stars offers users a streamlined platform to manage multiple meme coins in one place via its breakthrough MemeVault protocol.
Th͏e M͏e͏me͏Va͏ult Ecosyste͏m re͏pre͏s͏en͏ts a paradi͏gm shift in h͏ow ͏investors in͏tera͏ct wi͏th m͏eme co͏ins͏ on the b͏lockc͏ha͏in.͏
A brand-new player in the meme coin space, Crypto All-Stars just launched within the past 24 hours, and it’s already making waves! 🌊
Here’s why you should pay attention. 🧵👇
— web3telepath (@web3telepath) August 15, 2024
MemeVault allows investors to stake popular meme coins like Dogecoin ($DOGE), Pepe ($PEPE), and Shiba Inu ($SHIB) to earn substantial rewards in $STARS, the platform’s native token.
Initially, MemeVault will support 11 tokens, with the other eight being Brett, Floki, Mog Coin, Milady, Turbo, Toshi The Cat, Coq Inu, and Bonk. There are plans to add more in the future.
You can also earn passively through the project’s native staking mechanism, which offers a stunning 688% in annual rewards. Over 1 billion STARS tokens have already been staked.
Investors can buy the token right now for $0.0014947. With a price increase coming in less than 3 days, act fast to lock in the best deal.
Purchase $STARS from its official website here using BNB, USDT, or a bank card.
Related News
How to Buy Bitcoin Online Safely
10 Best Bitcoin Wallets for Beginners – Store Crypto Safely
On-Chain Sleuth ZachXBT Alleges Murad Mahmudov Promotes Meme Coins While Controlling Their Supply