Dogelon Mars price drops 14%, investors turn to this meme coin

Dogelon Mars price has plunged more than 14% in the past 24 hours to trade at $0.0000002871 as of 9:56 p.m. EST, as investors dump their holdings in the meme coin on the market.

Following the latest drop in ELON price, the crypto is still up over 42% on the weekly timeframe and over 31% on the longer 30-day timeframe.

Dogelon Mars Price Testing Support

4-hour chart for ELON/USD (Source: GeckoTerminal)

THE Dogelon Mars the price is essay the support level at $0.0000002848 after a sequence of lower lows and lower highs on the 4-hour chart. If the meme coin falls below this mark, it could risk falling to the next major support level at $0.0000002234 in the next 24 hours.

Dogelon Mars price closing the next 2 4-hour candles above $0.0000002848 could prevent further downside movement. In this alternative scenario, traders could end up identifying the crypto’s current price levels as a good buying opportunity. This potential buying volume could then push the price of Dogelon Mars towards $0.0000003397, or even up to $0.0000004303.

Technical Indicators Suggest Dogelon Mars Price May Continue to Fall

Looking at the technical indicators on the crypto’s 4-hour chart, some warning signs show that Dogelon Mars the price decline may not be over yet. Traders will want to keep an eye on the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI), both of which indicate a continued decline in the Dogelon Mars price over the next 24 hours.

RSI readings have gradually fallen from the high 70s to the low 50s over the past trading day, signaling a reduction in buyer strength. With the negative slope of the RSI line, it appears that the bears continue to undermine the collective strength of the bulls. If the RSI drops below the neutral 50 mark, it could indicate that sellers have taken full control of ELON.

A major bearish technical flag was also triggered by the MACD over the past 24 hours, after the MACD line moved below the MACD signal line during this period. This specific technical event is often interpreted as confirmation that a crypto has entered a negative trend, with the current widening gap between the two lines warning that ELON’s bearish momentum is intensifying.

With the price of Dogelon Mars likely to fall further in the next 24 hours, investors are turning their attention to a new coin rival called Flockerz (TROOP)which offers one last chance to buy at list price before its official launch.

Investors may want to take advantage of this opportunity to buy the meme coin at its listing price, given the series of bullish predictions made by several crypto experts. 99Bitcoins, a popular YouTube channel with over 723,000 subscribers, claims that FLOCK has the potential to grow 10x after its launch in just over 4 days.

Put your community first

Flockerz stands out in the crowded coin space because of its strong community focus. Its mission of putting its community first is an innovative vote-to-win model. This consensus mechanism not only gives each FLOCK holder a say in the future direction of the project, but it also rewards investors with additional FLOCK tokens for participating in the governance of the project.

By simply placing votes in the project’s decentralized autonomous organization (DAO) called Flocktopia, token holders will receive FLOCK. With this financial incentive, Flockerz ensures that community members stay engaged in the project for the long term, something even non-meme coin projects struggle to achieve.

Voting is not the only way token holders can receive FLOCK. An attractive staking initiative is also proposed. Anyone who buys and stakes FLOCK now will unlock access to a 244% APY.

Flockerz Presale Closes at $13 Million

The meme coin’s vote-to-win approach has excited the crypto community, as evidenced by the more than $12.9 million bet investors took on the project’s future during its presale. With just over 4 days until the project claim goes live, this impressive increase is likely to increase in the coming days.

🐦 The Flockerz pre-sale phase is over! 🐦

🔥Wen Launch: Monday January 27 at 2 p.m. UTC

Until then, tokens can be purchased on our website or in the Best Wallet app at list price.@BestWalletHQ https://t.co/3NUrHUXJzR$HERD Fly together. Developer announcements on the… pic.twitter.com/DdaJ9nGMb1

– Flockerz (@FlockerzToken) January 22, 2025

Anyone who wants to get started in the early stages of the project can do so by acquiring FLOCK through the simple in-app purchase widget on its website. Priced at $0.0066883, the crypto can be purchased with crypto or a bank card.

Buy FLOCK here before it launches in 4 days.

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