DOGS Price Prediction: What Will Be The Price of DOGS Token?
DOGS is inspired by Pavel Durov’s beloved pet dog
The #DOGS project attracted 2.3 million Telegram users within eight days and now boasts over 55 million active users.
DOGS listings will begin on major cryptocurrency exchanges such as Bybit, Bitget, and Gate.io on August 20, 2024, at 12:00 UTC.
The latest traded price of $DOGS on XT.com’s pre-market is $0.00953, significantly lower than the community's expected value of $0.04 USD and 3.35 in INR
As of July 11, 2024, the DOGS/USDT pair initially surged with bullish momentum, but the upward trend could not be sustained, leading to a sharp decline.
The DOGS/USDT pair has been trending downward in a descending channel, marked by consistently lower highs and lower lows, for over two months.
On August 8th, DOGS found support at $0.01100 and attempted a rebound, but it failed to break out of the channel, breaching support and dropping below the crucial $0.01000 psychological level.
Coingabbar analysis suggests that if bulls break out of the channel and close above $0.01100, the price could rise to $0.01800 or even $0.02300.
If bulls fail to break resistance, bears may push the price to the lower end of the channel, potentially reaching a new all-time low.
KEY LEVELS :
RESISTANCE LEVEL : $0.01800-$0.03000
SUPPORT LEVEL : $0.00500-$0.00100
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.
