DOGS has been on a minor price uptick in the last 24 hours. DOGS price predictions suggest a possible uptick for the canine-themed memecoin this weekend.
While DOGS has experienced a downturn over the past two weeks, shedding 28% of its value according to CoinGecko data, recent market movements hint at a potential reversal. The token has shown signs of life with a 3% uptick in the last 24 hours.
Weekend Forecast: DOGS Eyes Short-Term Gains
Crypto forecasting platform CoinCodex has released its latest DOGS price prediction. According to their analysis, the meme coin could see its value surge to between $0.001177 and $0.001266 over the weekend.
This projected range represents a notable increase from its current price of $0.001043, offering a glimmer of hope for investors.
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The potential weekend rally comes at a crucial time for the Telegram memecoin. The token’s recent performance has been a mixed bag, with a 28% decline over the past two weeks casting a shadow over its short-term prospects. However, the 3% gain in the last 24 hours suggests that momentum may be shifting in favor of the bulls.
Looking beyond the immediate horizon, CoinCodex paints a more optimistic picture for the TON Token. Their long-term projection envisions a 229.08% price increase by October 12, 2024, with the token potentially reaching $0.003448.
However, it’s not all smooth sailing for DOGS. CoinCodex’s technical indicators currently signal a bearish sentiment, while the Fear & Greed Index sits at a cautious 31, indicating “Fear” in the market.
Over the past 30 days, DOGS has managed to close in the green on only 7 out of 17 trading days.
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