Dogecoin Price Prediction: DOGE Falls 9% As Investors FOMO Buy This Vote-To-Earn Meme Coin Rival With Time Running Out

The
Dogecoin
price
fell
9%
in
the
last
24
hours
to
trade
at
$0.3605
as
of
11:28
p.m.
EST
on
trading
volume
that
surged
75%
to
$9.6
billion.

Dogecoin
Price
On
A
Bearish
Trend

The

DOGE
price

on
the
4-hour
chart

exhibits
a
rounded
bottom
pattern,
which
is
typically
a
bullish
reversal
signal.
The
Dogecoin
price
rallied
significantly
after
completing
this
pattern,
reaching
highs
near
$0.40. 

However,
a
retracement
has
followed,
with
the
current
price
consolidating
around
$0.36,
according
to


GeckoTerminal. 

The
price
of
Dogecoin
has
dropped
below
the
50-period
Simple
Moving
Average
(SMA)
at
$0.3685,
suggesting
short-term
bearish
momentum.
However,
the
200-period
SMA
at
$0.3455
has
acted
as
a
strong
support
level. 

This
suggests
that
the
longer-term
trend
remains
intact
and
leans
bullish,
as
the
price
of
Dogecoin
is
still
trading
above
this
key
level.

The
Relative
Strength
Index
(RSI)
is
at
42.21,
slightly
below
the
neutral
50
level.
This
reading
shows
a
loss
of
bullish
momentum
and
indicates
that
the
asset
is
approaching
the
oversold
zone. 

However,
it
also
suggests
that
DOGE
might
be
near
a
potential
bounce
point
if
buyers
step
in.

Can
DOGE
Reclaim
$0.45?

The
Dogecoin
price
is
currently
in
a
consolidation
phase
after
a
strong
bullish
breakout
and
rally.
If
the
price
of
DOGE
can
hold
above
the
200-period
SMA
and
reclaim
the
50-period
SMA
at
$0.3685
as
support,
it
could
trigger
another
upward
move.

In
this
case,
DOGE
may
aim
for
a
retest
of
$0.40.
A
breakout
above
this
level
could
then
open
the
door
for
a
continuation
to
$0.42-$0.45.

Conversely,
if
the
price
of
Dogecoin
breaks
below
the
200-period
SMA
at
$0.3455,
the
bullish
trend
could
weaken
significantly.
In
this
scenario,
the
next
support
lies
near
$0.34,
with
further
downside
possible
toward
$0.32.

As
the
Dogecoin
price
plunges,
investors
are
buying
the
new
presale
meme
coin


Flockerz
(FLOCK).
According
to
99Bitcoins,
a
popular
YouTube
crypto
channel
with
over
721K
subscribers,
the
coin
has
the
potential
to
soar
100X
after
its
launch.

Flockerz
Presale
Blasts
Past
$11.1
Million—Last
Chance
To
Buy

Flockerz
is
in
the
final
2
days
of
its
ICO
as
it
races
towards
the
$12
million
mark,
and
momentum
is
strengthening
as
the
presale
comes
to
an
end.

The
project
sets
itself
apart
from
other
meme
coins
by
introducing
a
vote-to-earn
system
(V2E)
mechanism
that
puts
decision-making
power
in
the
hands
of
token
holders
and
rewards
them
for
participating.

The
underlying
framework
of
Flockerz
is
anchored
in
a
decentralized
autonomous
organization
(DAO)
called
Flocktopia,
where
every
holder’s
voice
matters.

No
better
place
to
kick
back
and
relax
than
Flocktopia
????????

pic.twitter.com/jHhW4avyK3

—
Flockerz
(@FlockerzToken)

January
15,
2025

To
participate
in
the
voting
process,
users
must
buy
FLOCK
tokens.
When
a
new
suggestion
is
presented,
members
of
The
Flock
vote,
and
they
are
rewarded
for
their
effort
with
additional
FLOCK
tokens.

In
addition
to
V2E
rewards,
users
can
earn
passively
through
the
platform’s
staking
mechanism,
which
offers
a
sky-high
annual
yield
of
261%.

Investors
interested
in
joining
the
presale
can
visit
the
official
Flockerz
website
to
buy
FLOCK
tokens
at
the
current
price
of
$0.0066883
each
using
BNB,
ETH,
USDT,
or
a
bank
card.

Buy
FLOCK
here
before
its
presale
ends.

Related
News: