SUNDOG (SD) Price Prediction: SD Could Jump 110% and Hit $0.121176 by February 2025

SUNDOG has really caught the market's eye with a huge price jump. The token spiked 58.21% in the past 24 hours, reaching $0.05737.

SUNDOG (SD) has shown impressive price action in the past 24 hours, with a huge price jump that’s sure to get traders excited. Here’s a quick summary of SUNDOG’s recent price performance and what it could mean for traders.

Relative to other cryptocurrencies, SUNDOG performed exceptionally well in the past 24 hours. The token spiked 58.21%, making it one of the top gainers among the leading cryptocurrencies. This price surge was accompanied by a massive trading volume jump of 229.07%.

The token even touched above $0.065 recently before pulling back a bit. With the TRX ecosystem performing well, SUNDOG’s run could continue if it holds key price levels.

The token’s market cap also increased along with the price, which is usually an indication of growing investor confidence. High demand and more trading activity also suggest that traders are keeping a close eye on this token.

However, it’s important to note that crypto prices can be volatile and could still drop back if buyers lose steam, especially in this type of market rally.

SUNDOG’s price structure on tradingview also highlights critical support and resistance levels that traders should monitor. The token's recent price surge pushed it past multiple resistance barriers, with potential targets ahead.

On the downside, the nearest support level is at $0.03626. This served as the support base before the latest price rally and is still crucial if the price corrects downward.

Also, $0.050 is another key level psychologically that could act as short-term support if the price drops a bit. A more immediate support zone is around $0.055, which has been solid during recent periods of price stability.

On the upside, resistance at $0.060 has already tested sellers’ strength. If SUNDOG maintains its momentum, the next key resistance is at $0.065, which also marks the peak of the recent rally. If it breaks through that, the token might target $0.070, where more selling pressure could appear.

Technical indicators on tradingview also show that SUNDOG is currently in a bullish phase. The Relative Strength Index (RSI) is at 63.29, which is above the neutral 50 level, indicating increasing momentum.

Previously, the RSI climbed from oversold conditions, which suggests strong buying interest. If the RSI crosses above 70, SUNDOG could enter overbought territory, indicating a potential correction.

Moreover, the Moving Average Convergence Divergence (MACD) shows a bullish crossover, where the MACD line is moving above the signal line. This shift, coupled with a positive histogram, strengthens the argument for continued upward movement. If the MACD trend sustains, it could validate an extended rally.

Coincodex market projections indicate that SUNDOG could see a substantial increase in February 2025. Analysts predict a potential 110.41% gain, pushing the average price to approximately $0.121176.

Price swings are expected, with estimates ranging from $0.064068 to $0.218966. If this happens, the token could return up to 280.20% compared to current prices.