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The price of Dogecoin has decreased by 6 % in the past 24 hours of trading at $ 0.2521, starting from 2.15 in the morning, EST on the trading volume, which jumped by 8 % to $ 1.48 billion.
Before the DOGE prices dropped, the largest Mimi currency in the encryption industry managed to reach $ 0.2684. However, it was corrected immediately after that, as it initially decreased to support at $ 0.250 before seeing a simple recovery of $ 0.02521.
Over the past 12 hours, the currency has turned between $ 0.250 and 0.255 dollars, and is still between these two barriers.
Predicting the price of Dogecoin
As he saw Dogecoin to her price It rose to 0.27 dollars, Bollinger domains expanded, as the price rose up. Once the price begins to go down, pushing the bottom range down, which led to the survival of the gangs very wide.
However, now that the price has mostly stabilized, the gangs have tightened significantly, indicating uncertainty between merchants and investors.
The RSI Relative Power Index (RSI) was fluctuated between the neutral value of 50 and the excessive area of the peak before the mutation, only to go deep into the excessive purchase area where the price reached its peak, to reach the value of 83.69.
When the price began to correct, the relative strength index decreased to the Over -Prozs area, up to 21.97. At this point, some merchants bought the decrease, and re -index of relative strength to the 50th neutral value, which led to the price stability.
At the present time, it seems that Dogecoin has reached stability on all fronts, where the price is narrow where the price is mostly in the middle line between the two strips, and they do not pay either in any of the two directions, and RSI balances the value of 50, which indicates that there is no bulls No bears dominant in the current market.
A promising alternative to Dogecoin
While Dogecoin has managed to reach stability, the current feelings are not very optimistic, because merchants do not expect the coin to see a significant increase in prices so far. Instead, many resort to alternatives such as Catlap (SLAP), which is closed in a major event that can be positive for its basic procedure.
While CatSAP has seen itself 3 % in the past 24 hours, as a new landfill has spread throughout the encryption industry, the project is less than two days from the Megaburn event.
Dragon energy. 3 days until the fire consumes everything.
pic.twitter.com/nlyvmttc1s
– CatSAP (CATSLPTOKEN) February 11, 2025
In an advertisement on X, the project explained that the exciting rewards are implemented, and that this is the last opportunity for community members to demand the remaining symbols. All unique icons are not required on February 14, making it the eighteenth special event since its establishment.
This may be positively reflected in its price by reducing its supplies more, although it has not yet been seen. Meanwhile, the project remains common as it was always because of its supreme game, which generates more than 3 billion slaps in the past few months, indicating that community participation is still high as it was always.
That is why experts such as Claybro, YouTube encryption that has more than 136,000 subscribers, believe that Catlap carries the potential of at least 10x, and can see a huge rise in prices as soon as the Big Crypto Bull start.
Buy a slap here before the symbolic burning event that loses it in less than 48 hours.
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