Dogecoin Price Prediction: Leading Meme Coin DOGE Dives 17% In Latest Market Bloodbath As This New PEPE ICO Charges Towards $68 Million

The
Dogecoin
price
dropped
17%
in
the
last
24
hours
to
trade
at
$0.2483
as
of
2.30
a.m.
EST
on
trading
volume
that
skyrocketed
348%
to
$10.18
billion.

The
DOGE
price
traded
sideways
for
most
of
the
last
week,
seeing
minor
fluctuations
between
a
support
at
$0.30
and
a
resistance
at
$0.35.
However,
yesterday,
Feb.
2,
the
coin
started
seeing
a
major
price
descent,
breaking
the
support
at
$0.30
and
dropping
to
$0.22.

The
coin
promptly
bounced
back
up
in
the
early
hours
of
Monday,
Feb.
3,
which
allowed
it
to
return
to
its
current
price.
The
price
drop
is
believed
to
be
a
consequence
of
Trump’s
tariff
war,
which
triggered
major
fears
of
inflation,
resulting
in
$2
billion
in
crypto
liquidations.

Dogecoin
Price
Prediction

Despite
the
fact
that
the
Dogecoin
price
is

already
recovering,
it
dipped
over
20%
in
the
last
day.
However,
the
sharp
price
drop
opened
an
opportunity
for
many
traders
who
rushed
in
to
buy
the
coin
at
a
discount.

The
project’s
Bollinger
Bands
saw
a
major
widening
during
the
price
dip,
with
the
price
itself
mostly
fluctuating
between
the
lower
band
and
the
middle
line
between
the
two
bands.
However,
as
the
Dogecoin
price
started
to
recover,
it
returned
to
the
upper
band,
and
it
is
pushing
it
up
right
now,
which
is
likely
going
to
lead
to
the
margin
between
the
bands
widening.

The
coin’s
Relative
Strength
Index
(RSI),
on
the
other
hand,
has
been
following
a
pattern
over
the
last
two
days,
fluctuating
between
the
oversold
zone,
often
reaching
the
value
of
20,
and
the
neutral
area,
typically
going
to
50,
and
sometimes
slightly
beyond.

This
suggests
that
traders
have
been
rather
active
over
the
weekend,
albeit
with
a
bearish
predisposition.
They
did
not
allow
the
RSI
to
grow
to
the
overbought
zone,
suggesting
that
they
expected
the
price
to
drop,
and
were
instead
making
short-term
purchases
and
sales,
using
the
RSI
as
their
primary
trading
signal.

However,
this
changed
in
the
early
hours
of
Monday,
as
the
RSI
now
ventures
toward
the
overbought
zone,
currently
at
the
value
of
61.47
at
the
time
of
writing.
This
suggests
that
the
new
week
is
bringing
a
new
wave
of
optimism,
and
the
traders
are
finally
pumping
DOGE
back
up,
with
its
price
on
its
way
to
previous
levels.
Whether
or
not
it
will
manage
to
reach
previous
highs
still
remains
to
be
seen,
as
another
sell-off
might
start
once
the
RSI
hits
the
value
of
70.

Promising
Alternative
To
Dogecoin

While
Dogecoin’s
price
is
recovering,
it
might
be
too
late
to
buy
DOGE
now
if
you
are
looking
to
make
gains.
Instead,
consider
new
and
upcoming
cryptocurrencies
like

Wall
Street
Pepe
(WEPE),
which
have
not
yet
seen
a
price
surge.

WEPE
is
a
new
Pepe-inspired
cryptocurrency
that
is
rapidly
approaching
its
presale’s
conclusion.
The
project
emerged
to
empower
retail
investors
and
traders
by
giving
them
a
private
insider
group
where
they
can
get
access
to
the
best
technical
indicators
and
trade
signals,
investment
suggestions,
expert
advice,
big
brain
calls,
the
most
successful
strategies,
and
more.

WEPE
emerged
after
observing
the
crypto
whales
who
hide
inside
their
own
insider
groups,
using
them
to
get
rich,
while
not
sharing
any
information
with
the
retail
community.
The
project
found
it
unfair,
and
its
own
insider
group
is
a
response
to
this
injustice.
Investors
seem
to
love
the
idea
behind
the
project,
as
evidenced
by
WEPE’s
ICO
that
is
rapidly
approaching
the
$68
million
milestone.

While
its
ICO
is
scheduled
to
end
in
13
days,
the
presale
could
be
sold
out
within
a
few
days,
since
its
hard
cap
is
at
$72m,
and
it
is
raising
approximately
$1m
a
day.
In
other
words,
this
could
be
your
very
last
chance
to
join
the
presale
before
it
is
over
and
buy
WEPE
for
only
$0.0003665.

YouTuber
ClayBro,
who
has
over
135k
subscribers,
believes
that
WEPE
will
blow
up
after
launch
and
that
it
has
15x
potential.
So
act
quickly
to
position
yourself
ahead
of
this
anticipated
price
surge.

Buy
WEPE
tokens
here
before
the
project’s
presale
ends.

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