Is the Bull Run Over Now?

The ArbDoge AI crypto is stabilizing near higher levels after witnessing a significant gain in the last two weeks. The price jumped off nearly 150% in the past two weeks, showing the complete dominance of bulls over the trend. 

The ArbDoge AI crypto initiated the week on a positive note and surged higher on Monday. Thereafter, the price has shown volatility in the last few sessions. The price has been hovering back and forth in recent sessions, probably stabilizing after significant gains. 

Moreover, the AIDOGE crypto has surged significantly during the last two weeks’ span, breaking out of a short-term correction phase. The crypto’s price took a rebound from the 20-day and 50-day exponential moving averages and made a breakout on the higher side.  

At the time of writing, the AIDOGE crypto was trading near $0.00000000049 after registering an intraday loss of 2.19%. The volume analysis shows that this cryptocurrency has received $37.80 Million volume in the past 24 hours, which is 56.89% less compared to the previous day. 

Is the Bull Run Over?

Currently, the ArbDoge crypto seems to be stabilizing at higher levels after showing significant gains. The short-term trend outlook is bullish, which may continue to drive the price to higher levels if it surges again after a consolidation. 

The price has more room to hover on the higher side as it trades significantly lower than the previous highs. The higher swings may act as a hurdle for the buyers and try to halt the further price surge. 

ArbDoge AI Price Technical Analysis

The AIDOGE crypto trades significantly higher than all the key exponential moving averages, suggesting a positive outlook in the short term. 

At the time of writing, the MACD line and signal line were placed above the zero line, suggesting a positive sentiment dominating the market. Also, a bullish crossover of the EMAs was visible on the charts, indicating the continuation of a bullish trend.  

ArbDoge AI Crypto Prediction March 2024

The bullish price prediction of ArbDoge AI crypto for March shows that the AIDOGE crypto has some more room to rise if it breaks above the recent resistance of $0.00000000057. On the higher side, $0.00000000065 and $0.00000000070 may be the upcoming possible targets if the buyers are able to register a breakout. 

ArbDoge AI Price Prediction 2024

The price forecast for the year 2024 highlights that the AIDOGE token price could reach a high of $0.00000000097, suggesting a potential gain of over 115.4%. Moreover, the bearish outlook of analysts is that the price could reach $0.00000000075 by the year’s end.

Disclaimer

The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss. 

With a background in journalism, Ritika Sharma has worked with many reputed media firms focusing on general news such as politics and crime. She joined The Coin Republic as a reporter for crypto, and found a great passion for cryptocurrency, Web3, NFTs and other digital assets. She spends a lot of time researching and delving deeper into these concepts around the clock, and is a strong advocate for women in STEM.