Baby Doge Coin Price Jumps 12% After Binance Listing, But Can It Keep Soaring?

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.

The Baby Doge Coin (BABYDOGE) price continued surging on Monday after Binance listed the coin for spot trading last week.

BABYDOGE price surged 12% in the last 24 hours to trade at $0.000000001875 as of 03:12 a.m. EST. This comes as trading volume also skyrocketed 205% to $248 million.

Binance Listed Baby Doge Coin (BABYDOGE) Last Week

The Baby Doge Coin price was on a downtrend in September, after surging to highs of $0.0000000038 in August. However, the asset consolidated within the $0.000000000998 range.

After Binance listed BABYDOGE for spot trading, alongside Turbo and Neiro, on Sept. 16, the asset picked up positive momentum. Commencing from the 50-day Simple Moving Average (SMA), the price went on 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 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.

Conversely, if the asset experiences some downward pressure, Baby Doge Coin price could plunge back to the $0.000000001095 support, coinciding with the 200-day SMA.

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