Dogecoin Price Prediction as DOGE Becomes Top 10 Crypto in the World – Can DOGE Overtake Bitcoin?

cryptonews.com:

Dogecoin (DOGE/USD), the cryptocurrency born from an internet meme, has defied expectations to become a top contender in the digital currency world. With a notable climb to $0.1760 as of March 9, marking over 2% rise within just 24 hours, Dogecoin not only showcases significant investor interest but also an impressive resilience that’s propelled it into the top 10 cryptocurrencies globally.

This surge has seen Dogecoin’s market cap hit around $25.23 billion, earning it the 9th spot on CoinMarketCap amidst a trading frenzy of $3.38 billion over the day.

As DOGE continues to navigate the volatile crypto market, this Dogecoin price prediction explores whether the beloved meme coin has the potential to rival giants like Bitcoin in the cryptocurrency hierarchy.

Analyzing Dogecoin’s price movements on a 4-hour chart reveals key levels that are pivotal for traders and investors alike. The immediate pivot point at $0.1637 acts as a critical juncture, suggesting potential shifts in market dynamics.

Resistance levels are established at $0.1855, $0.2058, and $0.2256, delineating thresholds where selling pressure might intensify. Conversely, support is firmly placed at $0.1303 and $0.1143, which could offer buying opportunities should the price retreat.