Baby Doge Coin Price Prediction: BABYDOGE Soars 15%, But Traders Rush To Buy This New Crypto With A 688% APY
The Baby Doge Coin price surged 15% in the last 24 hours to trade at $0.000000002918 as of 03:37 a.m. EST on trading volume that jumped 27% to $106 million.
Baby Doge Coin Price To Continue Soaring
The Baby Doge Coin price has been on a sustained rise since September, as it soared from the $0.0000000010 support, according to data from GeckoTerminal . However, the bears may have gained some control around the $0.000000002900 resistance to drop to the $0.00000000180 and back to the resistance.
The price of Baby Doge Coin movements and follow-through formed a rounding bottom pattern, which could indicate that the value of BABYDOGE is moving up even further.
BABYDOGE price now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), which is a confirmation of the recent rally.
Moreover, the Relative Strength Index (RSI) is trending within the oversold region, an indication that the asset is still overvalued.
The Moving Average Convergence Divergence (MACD) now crosses above the neutral line, which shows that the Baby Doge Coin price is on positive momentum. The blue MACD line also crosses above the orange signal line, representing a bullish crossover.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Tether invests $775 million in Rumble
Dogecoin drops over 30% from its yearly high of $0.48
Mo Shaikh steps down as CEO of Aptos Labs
MetaMask users can now stake EOS coins