Recently, the Dogecoin price movement has demonstrated a strong bearish momentum in the marketplace. Hence, market participants are wondering whether Dogecoin is a good asset at the moment. Let’s briefly analyze Dogecoin’s price action to make an accurate decision.
Doge analysis For the Last 24 Hours
Dogecoin’s trading day on February 17 established a dynamic price action, began with an upward movement, and reached the top price of the day at $0.26882. But, at 01:50 UTC, DOGE price movement experienced a sharp price decline. A Death Cross on MACD at 02:35 UTC confirmed this downtrend. At 04:15 UTC, DOGE broke the support at $0.26345, breached a breakout, and dropped to $0.25871. But DOGE found support at $0.26871 at 05:00 UTC, began to move on the upside, and bounced back to the previous high of $0.26882. At 14:10 UTC, the DOGE price movement experienced a sharp fall and breached a breakout, signaling a sharp price decline.
At 16:35 UTC, DOGE broke the support at $0.25871, led to another breakout, and dropped to $0.25382. At 19:00, DOGE found support at $0.25382, experienced an uptrend, and reached $0.26122. A Golden Cross on MACD at 19:15 UTC reasserted this uptrend. Later, at 21:55, DOGE price experienced a brief fall and closed at $0.25849. On February 18, the trading day began with a dynamic price fluctuation. But at 02:00 UTC, the DOGE price began to fall, broke the support at $0.26345, breached a breakout, and dropped to $0.24708. But DOGE found support at $0.24708 at 07:00 UTC and keeps fluctuating within the key levels.
What Are the Best Altcoins Amidst Dogecoin Volatility?
Based on the Dogecoin price analysis, the DOGE price movement is experiencing sharp market shifts. Hence, traders are in search of high-potential crypto tokens that offer substantial gains, low-risk management, and long-term trading opportunities. Crypto presales are a good start while searching for such opportunities. Aureal One and DexBoss are the two best crypto presales, projecting themselves as the projects with exclusive returns in the upcoming wave. Each of these projects has unique features, capabilities, and more. Let’s dive in to explore them in-depth.
- Aureal One (DLUME)
Aureal One is the best crypto presale project, built with an integration of gaming and metaverse in its blockchain. This emerging presale utilizes Zero-Knowledge Rollups Technology to provide lightning-fast thousands of transactions per second with minimal or near-zero gas fees. The main aim of Aureal One is to unveil two groundbreaking projects as its official flagship.
Click here to know more about Aureal One
- Darklume: An expensive decentralized virtual world where users can fully immerse themselves in limitless experiences like owning, building, socially interacting, and trading digital assets.
- Clash of Tiles: An engaging and strategic game where players can battle with the other tile holders in the in-game economy, deploy any cryptocurrencies, or stock them up on the virtual tiles to earn DLUME points.
DLUME’s Growth
Aureal One’s native utility token is DLUME, currently in the presale phase 3. Presently, the presale price per DLUME is $0.0013; while listing on the exchanges, the listing price of DLUME is expected to be $0.005, a 323.08% rise from the current presale price. The total USD raised in the ongoing presale was $3,232,637.8 from its $4,500,000 target. From the early bird offerings, DLUME has been gaining more traction.
- DexBoss (DEBO)
DexBoss is a cutting-edge decentralized trading platform designed to experience intuitive trading with diverse trading strategies. In the existing DeFi platforms, traders are experiencing difficulties like navigation, low liquidity, high transaction costs, limited trading tools, and more. To overcome such complexities, DexBoss is designed with comprehensive key features like
- Near Real-time Order Execution
- Trade over 2000 cryptocurrencies
- Simplified Fiat conversions
- Advanced Trading Charts
- High liquidity pool
DEBO’s Growth
DexBoss’s native utility token is DEBO, currently in the ICO phase. Presently, the presale price per DEBO is $0.011, and its listing price is expected to be $0.505 on the decentralized exchanges. In due course, the total USD raised in the ongoing DEBO presale was $586,408.5 from its $750,000 goal, 78% of its milestone.
What’s Next?
Today’s Dogecoin analysis shows that the DOGE price movement demonstrates strong bearish momentum. Hence, meme lovers are hesitant at the moment. They are looking for the high potential crypto in the next bull run. Are you one of them? Aureal One and DexBoss are the two best crypto presale projects that are seamlessly thriving to explode in the next wave.
Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or project mentioned in this piece; nor can this article be regarded as investment advice. Please be aware that trading cryptocurrencies involve substantial risk as the volatility of the crypto market can lead to significant losses.
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