DOG•GO•TO•THE•MOON's price significantly rose after its recent listing on Kraken exchange. The project aims to become the leading meme coin in the Bitcoin market.
Sharp Increase in DOG•GO•TO•THE•MOON Price
DOG•GO•TO•THE•MOON's price increased by 10% in the last 24 hours, trading at $0.004198. Trading volume surged by 69% to $39.52 million. This rise is associated with the Kraken Exchange listing announced yesterday, November 14.
Current Market Situation
The positive market environment facilitated the DOG price increase. Despite this, DOG experienced a correction after attempting to breach the $0.0045 resistance, due to Bitcoin's drop below $90,000. As of writing, Bitcoin's price fell to $87,500, affecting the broader market, including DOG.
Forecasts and Expectations
While DOG currently remains stable, the strengthened Relative Strength Index (RSI) at values above 50 suggests potential fluctuations. The market's Fear & Greed index still in a green zone might indicate open potential for price recovery for Bitcoin and DOG.
DOG•GO•TO•THE•MOON has shown significant growth, yet future movement may depend on the overall market dynamics of Bitcoin and other cryptocurrencies.
