The Dogecoin price has risen by 4% in the past 24 hours, with its move to $0.1464 coming as the crypto market rallies ahead of the Federal Reserve’s rate decision today.
Despite this bounce, DOGE remains down by 2.5% in a week and by 19% in a month, while the major meme coin has suffered a 64% decline in the past year.
However, its bounce above the all-important $0.130 support level does indicate that a sustained rally could be coming, especially if the Fed does cut rates.
And with DOGE remaining the most popular meme token among retail and institutional investors, the Dogecoin price prediction for the coming weeks does look very positive right now.
Dogecoin Price Prediction: DOGE Must Hold This One Level – Or Say Goodbye to That 100% Breakout Target
Looking at Dogecoin’s price chart, we see that the coin has not only bounced from the $0.130 support level, but that its indicators are rising again after bottoming out a couple of weeks ago.
After hitting lows in late November, its MACD (orange, blue) is now steadily climbing towards 0, and once it turns positive again, we could see a breakout.
Source: TradingView
Something very similar is going on with DOGE’s relative strength index (yellow), which is about to cross 50 after having spent a couple of months in oversold positions.
These are encouraging signs, and Dogecoin is overdue for a sustained rally, given how low it has been.
While a rate cut today would be one catalyst for a bull phase, it’s also worth pointing out that we’ve witnessed the launches of a couple of DOGE ETFs in the past couple of weeks.
Bitwise launched the Bitwise Dogecoin ETF on the New York Stock Exchange at the end of November, which was also when Grayscale launched its own DOGE ETF on the same exchange.
In fact, the Rex-Osprey Dogecoin ETF launched in September, highlighting the institutional demand for the meme token.
And so far, Dogecoin is the only meme token to have an approved ETF in the United States, underlining its position as the biggest meme coin in the market.
While the launch of these funds hasn’t boosted the Dogecoin price massively, they do create the conditions for big rallies in the event of a great improvement in investor sentiment.
This could come with a rate cut later today, helping DOGE to reach $0.20 by the end of the year, and $0.40 by Q2 2026.
PEPENODE Aims to Make Mining More Accessible to Retail Investors: Could It Surge in 2026?
As strong as Dogecoin looks right now, investors may also want to diversify into newer tokens, so as to widen their exposure to potential gains.
One way of doing this is by allocating some funds to presale coins, which can rally strongly when they list for the first time, particularly if they’ve had a big sale.
This is something new Ethereum-based token PEPENODE ($PEPENODE) is aiming to do, having now raised over $2.3 million in its presale.
Its sale will close in 29 days, meaning that investors should hurry if they want the opportunity to buy the token at its presale price.
Many traders have already taken the plunge, with PEPENODE impressing via its plans to make mining more accessible to the average person.
It will do this by enabling users to build and run their own virtual mining rigs, which can earn them rewards in the form of external tokens, such as Fartcoin and Pepe.
They can expand their rigs by spending PEPENODE tokens on additional nodes, with more nodes resulting in higher rewards.
This provides a strong incentive to accumulate more PEPENODE, something which could see the new coin’s price rise steadily over time.
Also driving demand is staking, with the token currently delivering a yield of 561% APY.
Such features make PEPENODE hugely attractive as a new coin, while also serving to distinguish it from other meme coins.
Investors can buy it now by going to its official website and connecting a compatible software wallet.
PEPENODE is available at $0.0011873, but this has every chance of rising much higher when it launches.
Visit the Official Pepenode Website Here
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