DOGS Price Prediction: Will DOGS Price Go Up?

27-08-2024 By: Lokesh Gupta
DOGS Price Prediction: Will DOGS Price Go Up?

Will DOGS Price Go Up after listing on Binance and Bybit

The DOGS token experienced a rapid price surge after launch due to initial excitement, but quickly dropped as early investors sold off.

DOGS on MEXC began trading at around $0.014, driven by the initial excitement and speculative interest surrounding its launch.

The token quickly climbed to a peak of approximately $0.015 in a short time, likely due to early adopters and the buzz around its listing.

This quick price surge was marked by significant trading volumes, evident in the large green candlestick seen on the 15-minute chart.

After the initial spike, the price sharply declined, dropping to around $0.00129 for the DOGS token.

The red candlesticks on the chart indicate a series of price drops as traders took profits, leading to a consistent decline.

After the sharp decline, the price stabilized around $0.0013, with lower trading volumes and smaller candlesticks indicating reduced market interest.

According to Coingabbar Prediction, If Pavel Durov is released, renewed interest in DOGS tokens could gradually push the price to $0.0025-$0.0030.

If Pavel Durov stays jailed after his arrest in France, negative sentiment may push the DOGS token below $0.0010.

KEY LEVELS :

RESISTANCE LEVEL : $0.001500-$0.002000

SUPPORT LEVEL : $0.001000-$0.000800

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 judgement, 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.

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