Dogelon Mars Price Prediction – Will ELON Hit $0.000003 Soon?

This Dogelon Mars (ELON) Price Prediction article is based on technical analysis alone. Below, you will see the key metrics that we have taken into consideration upon coming up with our ELON price analysis and prediction.

The crypto industry continues to grow. Many crypto projects pursue improvements to their technologies to stay competitive. Moreover, ELON continues to be one of the most active tokens in the crypto space. In the past few months, Hoge Finance has built strong partnerships and projects in the crypto industry. ELON investors had their investment value reduced by 23.2% in the past 30 days.

Now that we already know some of ELON’s achievements in the past months, would ELON be a profitable investment in 2022? Let’s find out in this CoinQuora Dogelon Mars Price Analysis and Price Prediction. But before that, let us first know what is Dogelon Mars.

What Is Dogelon Mars (ELON) ?

Dogelon Mars plays on several popular themes in the meme coin space. Its name is a mixture of Dogecoin and Elon Musk, the billionaire entrepreneur who is an outspoken supporter of Doge. It alludes to Mars, a spin on the famous moon meme, implying that Dogelon will experience a massive upward movement. Beyond its tongue-in-cheek name, Dogelon Mars has managed to build a significant community, with more than 300,000 Twitter followers and more than 84,000 followers on Telegram.

In practice, ELON is a meme coin without much utility beyond buying it and holding it in a wallet like Metamask. However, considering it has a potent combination of several very “memeable” attributes in its title (Elon Musk, Doge, Moon/Mars), Dogelon Mars could appreciate rapidly if the overall cryptocurrency market appreciates and the risk appetite for meme coins increases.

Now that we already know what is Dogelon Mars, let us proceed to our ELON price analysis.

Dogelon Mars (ELON) Current Market Status

As of the time of writing this Dogelon Mars price analysis, ELON trades at $0.0000007191 with a 24-hour trading volume of $8,584,641. The price of HOGE has increased by 6.09% in the last 24 hours.

Furthermore, HOGE has a current circulating supply of 552,278.34B ELON. Currently, the top cryptocurrency exchanges for HOGE are Kucoin, LBank, Gate.io, Decoin, Digifinex, Hotbit, and others.

Now, let’s proceed to the next part of this Dogelon Mars (ELON) technical analysis for 2022.

Dogelon Mars (ELON) Price Analysis

Currently, Dogelon Mars (ELON) holds 164th place on CoinGecko. But will the latest upgrades, developments, and changes in the Dogelon Mars community help the cryptocurrency price to reach higher? Let’s proceed to the charts in this ELON price prediction article.

Keltner channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for ELON/USDT, it could be seen that the present gain could continue since the present candlestick is above a key level. This shows that the present gain in the price of ELON will be sustained for some days before any reversal would be expected.

The Relative Strength Index (RSI) measures the relative momentum in the magnitude of recent price changes so as to deduce oversold or overbought assets. The RSI value of ELON/USDT 1day chart is 44.34.  This shows that ELON is showing a neutral trend since it is between 30 and 50. This value is triggering a bullish run already since it seems that more buyers are repositioning as the value is moving towards the 50 RSI value which is the strong trend region.

The 200-MA is below the 100-MA in the ELON/USDT 1day chart above. The gap between the two moving averages is wide, which means that the present short-term investors would gain more in the coming days than long-term hodlers.

Dogelon Mars (ELON) Price Prediction

The chart below shows that ELON has performed better the past few days. However, the ELON price has increased by over 6.4% in the last 24-hours. If this trend continues, HOGE might run along with the bulls, breaking its $0.0.000001033 resistance1 level and going higher to $0.000002549, the 2022 bullish signal.

Conversely, if the investors turn against the crypto, the bears might take over and pull ELON from its uptrend position. In simpler terms, the price of ELON might decrease to almost $0.0000000035, a bearish signal.

Meanwhile, our long-term Dogelon Mars (ELON) price prediction 2022 is bullish. It has a low possibility of surpassing its current all-time-high (ATH) at about $0.00003263 according to CoinMarketCap this year. However, that will only happen if it breaks many previous psychological resistances.

Dogelon Mars (ELON) Price Prediction 2022

If this bullish trend continues, ELON will reach $0.000002549 by the end of 2022. Moreover, the first half of 2022 is going to show fast growth, up to $0.000001033. Then this rise will slow down, but no major falls are expected. With upcoming, partnerships, and developments reaching $0.000003 is quite optimistic in the price point of view but undoubtedly feasible for the near future.

Dogelon Mars (ELON) Price Prediction 2023

If ELON holds an RSI above 50 by the end of 2022, buyers will then have ample time and stability to forge the next attack mission on the vital level at $0.000005, making it not plummet but play consistently.

Dogelon Mars (ELON) Price Prediction 2024

If there will be more upgrades and developments in 2024, the Dogelon Mars price predictions and project forecasts may change. Moreover, these may boost the price of ELON. We can say that the price can still go bullish and spike up to around $0.000007.

Dogelon Mars (ELON) Price Prediction 2025

In the next four years, ELON prices could rise up to $0.00001. However, reaching this level could not be so difficult for ELON as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that Dogelom Mars has a high possibility of reaching a new ATH soon in the next five years as per the prediction.

Dogelon Mars (ELON) Price Prediction 2026

By 2026, the price of ELON would reach $0.00005 since many individuals will have better knowledge of cryptocurrencies, therefore, increasing the investment in the industry.

Conclusion

ELON has a bright future ahead of it in 2022. With the ongoing developments happening within the Dogelom Mars ecosystem, as well as in the overall crypto market, we may see ELON reach new heights.

Bullish ELON price prediction 2022 is $0.000002549. As said above, it may even reach $0.000003 if investors have decided that ELON is a good investment in 2022, along with mainstream cryptocurrencies like Bitcoin and Ethereum.

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Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.