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Dogecoin price prediction 2024-2030: DOGE to the moon?

Key takeaways

  • DOGE price may reach $0.1744 by the end of 2024.
  • By 2027, DOGE may potentially achieve a peak price of $0.5624.
  • By 2030, DOGE might touch $1.73.

Propelled by a dedicated community of part-time developers and enthusiastic internet supporters, Dogecoin is poised for significant growth in the coming years. Despite relying on borrowed code due to limited resources, its popularity continues to soar, with tens of thousands of social media followers advocating for supply limitations. With influential figures like Elon Musk showing interest and potential high-profile backers stepping in, such as the proposed “Dogecoin Foundation,” the currency’s trajectory is promising. Having touched its ATH at $0.7376, will DOGE reach $1?

Let’s get into the Dogecoin price prediction and technical analysis.

Overview

CryptocurrencyDogecoin
TokenDOGE
Price$0.1233
Market Cap$19,334,123,239
Trading Volume$648,239,345
Circulating Supply144,239,854,214
All-time High$0.7376  May 07, 2021
All-time Low$0.00008547  May 07, 2015
24-h High$0.1289
24-h Low$0.1255

Dogecoin price prediction: Technical analysis

Price Prediction$0.114417  (-13.99%) 
Volatility6.53%
50-Day SMA$0.152274
14-Day RSI37.81
SentimentBearish
Fear & Greed Index71 (Greed)
Green Days14/30 (47%)
200-Day SMA 0.126268

Dogecoin price analysis:DOGE retraces back to $0.1233 after bullish revival

TL;DR Breakdown

  • Dogecoin value is standing at $0.1233
  • Dogecoin price analysis predicts an uptrend
  • Support is present at $0.1255 end

The price trend of Dogecoin (DOGE) over the observed period shows a mix of fluctuations with a slight overall upward movement. The price starts around $0.1229, experiences multiple fluctuations throughout the day, with peaks reaching up to $0.125 and lows dipping just below $0.122. Despite the volatility, the price shows a general upward trend, closing at approximately $0.123. The trading volume of $620.07 million indicates active trading, contributing to the observed volatility. Overall, the price action reflects a cautiously bullish sentiment with significant intraday volatility.

Dogecoin 1-day price chart: Bulls resume to action after overcoming $0.1233 hurdle

The one-day Dogecoin price analysis confirms a strong bullish trend for the day. The bulls have controlled the market throughout the day as the price has covered an increasing range in the past 24 hours. More profit seems to be on the way for Dogecoin buyers as the price just reached the $0.1233 level. Further chances of revival seem close as the buyers persistently put in efforts.

DOGE/USD 1-day price chart: TradingView

The MACD line is below the signal line, indicating bearish momentum. This suggests that the selling pressure is stronger than the buying pressure. The negative values of the MACD line and the histogram reinforce this bearish outlook.The RSI is currently at 31.69, which indicates that the market is in a neutral level.

DOGE/USD 4-hour price: Recent updates

The 4-hour price chart shows a strong takeover by the bulls, which stopped the bears from going any further. The momentum has been relatively stronger, as the price has mediately increased to $0.1233 after a significant rise.

DOGE/USD 4-hour price chart: TradingView

The RSI score is currently 40.50 which indicates that the market is neither oversold nor overbought. The Moving Average Convergence Divergence indicator shows a change in momentum to the bull’s side as the signal line (red) is now above the MACD line (blue). The price is, however, trading below the histogram.

Dogecoin technical indicators: Levels and action

Daily simple moving average (SMA)

PeriodValueAction
SMA 3$0.143785SELL
SMA 5$0.144404SELL
SMA 10$0.144498SELL
SMA 21$0.15155SELL
SMA 50$0.152274SELL
SMA 100$0.160107SELL
SMA 200$0.126268BUY

Daily exponential moving average (EMA)

PeriodValueAction
EMA 3$0.151419SELL
EMA 5$0.154861SELL
EMA 10$0.158144SELL
EMA 21$0.158292SELL
EMA 50$0.156908SELL
EMA 100$0.14879SELL
EMA 200$0.130004BUY

What can you expect from the DOGE price analysis next?

The given one-day and four-hour Dogecoin price analysis predicts an increasing trend for the day as the coin value heightened up to $0.1233. The bears were dominating, but now the bulls seem to be taking control of the price trends. The market shows constantly increasing characteristics, which means the bullish movement will continue in the near future.

Recent News/opinion on Dogecoin

  • Whale Alert on June 10, 2024 noted two major DOGE transfers, amounting to around $47,221,537. These transfers included 200,000,000 and 126,705,738 DOGE, respectively, highlighting the interest of whales and investors.

Dogecoin price prediction June 2024

In June 2024, DOGE could maintain a trading range of $0.135 to $0.160, with an average price of $0.148.

DOGE price predictionMinimum priceAverage priceMaximum price
DOGE price prediction June 2024$0.135$0.148$0.160

Dogecoin price prediction 2024

In Q3 and Q4 of 2024, DOGE could maintain a trading range of $0.1504 to $0.1744, with an average price of $0.1553.

DOGE price predictionMinimum priceAverage priceMaximum price
DOGE price prediction 2024$0.1504$0.1553$0.1744

Dogecoin price predictions 2025 – 2030

YearMinimum priceAverage priceMaximum price
2025$0.2243$0.2323$0.2709
2026$0.3163$0.3279$0.3902
2027$0.4647$0.4811$0.5597
2028$0.6956$0.7197$0.8233
2029$1.02$1.06$1.23
2030$1.50$1.55$1.78

Dogecoin price prediction 2025

According to the Dogecoin price forecast for 2025, traders can expect minimum and maximum prices of $0.2200 ad $0.2630, and an expected average trading price of $0.2278.

Dogecoin price prediction 2026

Dogecoin’s forecast for 2026 presents an optimistic outlook for the coin. Traders can expect a maximum price of $0.3826, an average trading price of $0.3310, and a minimum price of $0.3219.

Dogecoin price prediction 2027

In 2027, DOGE could reach a maximum price of $0.5624, an average trading price of $0.4716, and a minimum price of $0.4584.

Dogecoin price prediction 2028

According to the Dogecoin price forecast for 2028, traders can expects a maximum price of $0.7939, an average trading price of $0.7054, and a minimum price of $0.6866.

Dogecoin price prediction 2029

Dogecoin’s forecast for 2029 presents an positive outlook for the memecoin. The maximum expected price is $1.16, with an average trading price of $0.9797. The predicted minimum price for Dogecoin is $1.01.

Dogecoin price prediction 2030

According to the Dogecoin price forecast for 2030, traders and investors can anticipate a maximum market value of $1.73, a minimum price of $1.46, and an average price of $1.50.

Dogecoin market price prediction: Analysts’ DOGE price forecast

Firm Name20242025
Changelly$0.149$0.3448
DigitalCoinPrice$0.36$0.41
CoinPedia$0.3392$1.07

Cryptopolitan’s Dogecoin (DOGE) price prediction

Cryptopolitan’s Dogecoin price predictions for 2024 suggests a minimum of $0.1405, an average of $0.1593, and a maximum of $0.1642. By 2030, DOGE may reach $1.5.

Dogecoin historic price sentiment

  • 2013 was the beginning of Dogecoin, and it surged to $0.0004 in the first days of trading. By March 2014, the coin attempted a breach of $0.001, but failed, going on on to close the year at $0.0001.
  • In the subsequent years, Dogecoin faced immense competition from new coins, including Stellar, Neo, and Monero, which dragged the coin’s price further down.
  • Dogecoin traded in a strict range of $0.002 to $0.0036 for most of 2019.
  • In January 2021, DOGE saw significant gains, closing the month at $0.037. Subsequently, Dogecoin attained an ATH of $0.7376 on May 8, 2021, but went on to lose 76% of its value, closing the year at $0.1703.
  • In 2022, Dogecoin maintained an average market price of about $0.07.
  • In 2023, Dogecoin began trading around $0.08, and closed the year at $0.08955.
  • DOGE began 2024 consolidating around the $0.08 region. The market-wide bull run of March 2024 saw DOGE trading above $0.2, reclaiming its November 2021 levels. At the time of writing, June 21 2024, Dogecoin is trading within the $0.1216 – $0.1255 range.

FAQs

Where to trade Dogecoin (DOGE)?

Dogecoin has come out of the shadows. Now, almost every significant cryptocurrency exchange offers Dogecoin crypto trading. Some of the popular exchanges offering Dogecoin trading services are Coinbase, Binance, Kraken, Bittrex, Bibox, and more.

How does one mine Dogecoin?

There are two methods to mine Dogecoin: either on your own or in a mining group. While solo mining has its advantages, it also has its drawbacks, such as having to wait for transaction confirmations. Solo mining, on the other hand, necessitates a longer wait time than Dogecoin mining. The difficulty of mining Dogecoin is different from that of other cryptocurrencies. Depending on the number of miners present, it may go up or down.

Is DOGE a good investment?

Dogecoin has been shown to be a profitable investment since its introduction to the market. Dogecoin was just another cryptocurrency on the market for years. Dogecoin has emerged as one of the most sought-after cryptocurrencies in the cryptocurrency market today, thanks to Elon Musk's hype in 2020.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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