Is It Too Late To Buy BABYDOGE? Baby Doge Coin Price Soars 12% After Binance Listing, And This Might Be The Next Crypto To Explode
The Baby Doge Coin price surged 12% in the last 24 hours to trade at $0.000000001875 as of 03:12 a.m. EST on trading volume that skyrocketed 205% to $248 million.
This comes after Binance, the world’s largest cryptocurrency exchange, listed BABYDOGE for spot trading, alongside Turbo and Neiro, on Sept. 16.
Baby Doge Coin Price Could Keep Soaring
The Baby Doge Coin price was in a consolidation phase in September, trading within the $0.000000000998 range, according to data from GeckoTerminal .
After the Binance listing, the asset picked up positive momentum, soaring through a markup phase to the $0.0000000021 resistance zone. However, the price went on a downtrend, but is still trading within the symmetrical triangle pattern.
The bulls aim to stage a breakout above the triangle, with BABYDOGE trading above both the 50-day and 200-day Simple Moving Averages (SMAs).
The Relative Strength Index (RSI) still trades above the overbought region, indicating that the asset remains overvalued and under intense buying pressure.
If the bulls continue pushing the asset, Baby Doge Coin price could soar further above, as they target $0.00000000250.
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.
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