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

Key takeaways:

  • DOGE price may reach $ 0.418 by the end of 2024.
  • By 2027, DOGE may potentially achieve a peak price of $0.449.
  • By 2030, DOGE might touch $0.985 with an average trading price of $0.867.

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. 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
Price01$0.449
Market Cap$59.33B
Trading Volume$9.57B
Circulating Supply147.15B DOGE
All-time High$0.7376 May 07, 2021
All-time Low$0.00008547 May 07, 2015
24-hour High$0.4105
24-hour Low$0.3668

Dogecoin price prediction: Technical analysis

Price Prediction$0.164
Volatility31.69%
50-Day SMA$ 0.246751
14-Day RSI71.40
SentimentBullish
Fear & Greed Index81 (Extreme Greed)
Green Days19/30 (63%)
200-Day SMA 0.157881

Dogecoin price analysis: DOGE recovers beyond $0.401

TL;DR Breakdown:

  • Dogecoin price analysis confirmed an uptrend at $0.401.
  • Cryptocurrency has lost up to 2.02% of its value today.
  • DOGE coin prices are targeting the next resistance at $0.460. 

On December 11, 2024, Dogecoin price analysis confirmed an upward trend for the cryptocurrency. DOGE/USD value has risen to a $0.401 high in the past 24 hours. Cryptocurrency has lost up to 2.02% of its value during the day. Despite the bearish trend in the past week, the market was bullish.

Dogecoin 1-day price chart analysis

The one-day price chart of Dogecoin revealed an increasing trend for the cryptocurrency. Coin value has spiked to $0.401 in the past 24 hours. However, considering the earlier downside, the overall market sentiment remained bearish. 

The distance between the Bollinger bands determines the market volatility. As this distance is converging, this confirms a declining market volatility. Moving on, the upper limit of the Bollinger Bands indicator, serving as the resistance, has shifted to $0.460. Its lower limit, acting as the support, is at $0.379, indicating the support level.

DOGE/USD price chart
DOGE/USD price ascends to $0.401 amid a bullish market

The Relative Strength Index (RSI) indicator is present within the neutral region. Currently at 52.48 and still moving upward, this refers to an increasing market trend. The ascending curve on the RSI graph confirms a rising bullish strength. If the buying activities continue to intensify, the market can enter a permanent state of stability. 

DOGE/USD 4-hour price analysis

The four-hour price analysis of Dogecoin confirmed a bullish market trend for the currency. DOGE/USD value has spiked to $0.401 in the past few hours. Green candlesticks on the four-hour price chart indicate a rising bullish pressure.

The Bollinger bands are converging, leading to declining volatility. This declining volatility signifies a relatively lower market unpredictability for the coming days. Moving ahead, the upper end of the Bollinger Bands indicator, serving as the resistance, has shifted to $0.484. Its lower end, acting as the support, is at $0.363.

DOGE/USD price chart
Dogecoin ascends to $0.401 as the bulls hold a strong position

The RSI indicator is within the neutral area. Its value has climbed up to an index of 42.79 over the last four hours. This increasing movement refers to a rising bullish pressure. The rising bullish strength marks favorable conditions for investors. The buying activities remained highly dominant over the selling activities today. This rising movement indicates a balanced trading environment for now. 

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Dogecoin technical indicators: Levels and action

Daily simple moving average (SMA)

PeriodValueAction
SMA 3$ 0.314015BUY
SMA 5$ 0.34452BUY
SMA 10$ 0.378248BUY
SMA 21$ 0.377068BUY
SMA 50$ 0.246751BUY
SMA 100$ 0.176531BUY
SMA 200$ 0.157881BUY

Daily exponential moving average (EMA)

PeriodValueAction
EMA 3$ 0.335872BUY
EMA 5$ 0.285268BUY
EMA 10$ 0.220665BUY
EMA 21$ 0.170734BUY
EMA 50$ 0.137078BUY
EMA 100$ 0.126603BUY
EMA 200$ 0.123481BUY

What can you expect from the DOGE price analysis next?

Dogecoin price analysis gives out a highly bullish scenario regarding the ongoing market events. Coin value has improved up to $0.401 high in the past 24 hours. Side by side, the cryptocurrency gained up to 5.66% of value through the day. The bulls have been leading the market since yesterday. Technical indicators, as well as the price charts, are giving out a bullish verdict about the current price movements.

Is DOGE a good investment?

Dogecoin has a strong potential for growth due to its high adoption and strong community. However, DOGE is considered a highly volatile coin, and its unlimited supply raises questions about its future price. Social media news and trends also highly affect the meme coin, so diversification is advised. However, the coin is expected to touch the $0.249 level by 2025.

Why is DOGE up?

DOGE’s price increased to $0.401 as observed over the last 24 hours. Side by side, the presence of strong resistance at the $0.460 mark is yet to be overcome by DOGE.

Will DOGE reach $0.250?

If the broader cryptocurrency market turns bullish, DOGE will join the rally. As a meme coin, it runs mostly on positive speculation. It’s expected that the coin will touch this level by August 2024.

Will DOGE reach $1?

Considering Dogecoin’s current value of $0.099, $1 is still a far-reaching target. However, the robust community support for this specific meme coin can push it to $1 soon. 

Will DOGE reach $5?

Despite the risk involved with meme-based crypto pairs like Dogecoin, they can still shoot up on positive momentum. The market speculates that DOGE will reach the $5 level by 2033. Though the time is considerable, it’s worth holding for handsome profits.

Does DOGE have a good long-term future?

Most well-known altcoins are trading at lower levels, but looking at DOGE, it’s trading above its average price of the last two years. Currently, the coin is following a downward pattern since it peaked at $0.219 on March 28, 2024, but the trend is expected to change, and a positive outbreak can be expected. The DOGE/USD pair is expected to reach the $1.66 mark by 2030, so holding it for longer can be beneficial.

Recent news/opinion on Dogecoin

  • CoinGlass data shows that Dogecoin’s trading volume has surged by more than 76%. The surge is attributed to significant whale activity. Analysts remain optimistic about Dogecoin and expect further upside in the coming days.
  • Dogecoin recorded a 31% gain to lift its price to $0.28 over the weekend, maintaining its bullish momentum. Since November 2021, the token’s current price has been the highest it has ever been. The value of the meme coin has increased by 155%, and it is currently double what it was a month ago. CoinGecko data indicates that Dogecoin has increased by 86% in the past week. The number is still well below the $0.71 mark, which was the peak established in May 2021. Read more about it here.
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Dogecoin price prediction December 2024

In December 2024, DOGE could maintain a trading range of $0.350 to $0.484, with an average price of $0.396.

DOGE price predictionMinimum priceAverage priceMaximum price
DOGE price prediction December 2024$0.350$0.396$0.484

Dogecoin price prediction 2024

In Q4 of 2024, DOGE could maintain a trading range of $0.033 to $ 0.418, with an average price of $ 0.384 .

DOGE price predictionMinimum priceAverage priceMaximum price
DOGE price prediction 2024$ 0.033$0.384 $ 0.418

Dogecoin price predictions 2025 – 2030

YearMinimum priceAverage priceMaximum price
2025$ 0.388$ 0.604$ 1.143
2026$ 0.392$ 0.434$ 0.516
2027$ 0.396$ 0.416$ 0.449
2028$ 0.420$ 0.530$ 0.854
2029$ 0.804$ 1.109$ 1.869
2030$ 0.809$ 0.867$ 0.985

Dogecoin price prediction 2025

According to the Dogecoin price forecast for 2025, traders can expect minimum and maximum prices of $ 0.388 and $ 1.143 and an expected average trading price of $ 0.604.

Dogecoin price prediction 2026

Dogecoin’s forecast for 2026 presents an optimistic outlook for the coin. Traders can expect a maximum price of $ 0.516, an average trading price of $ 0.434, and a minimum price of $ 0.392.

Dogecoin price prediction 2027

In 2027, DOGE could reach a maximum price of $ 0.449, an average trading price of $ 0.416, and a minimum price of $ 0.396.

Dogecoin price prediction 2028

According to the Dogecoin price forecast for 2028, traders can expects a maximum price of $ 0.854, an average trading price of $ 0.530, and a minimum price of $ 0.420.

Dogecoin price prediction 2029

Dogecoin’s forecast for 2029 presents a positive outlook for the memecoin. The maximum expected price is $ 1.869, with an average trading price of $ 1.109. The predicted minimum price for Dogecoin is $ 0.804.

Dogecoin price prediction 2030

According to the Dogecoin price forecast for 2030, traders and investors can anticipate a maximum market value of $ 0.985, a minimum price of $ 0.809, and an average price of $ 0.867.

DOGE/USD price prediction
DOGE/USD price prediction

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 suggest a minimum of $  0.033, an average of $0.384, and a maximum of $ 0.418. By 2030, DOGE may reach $1.36.

Dogecoin historic price sentiment

DOGE price history
DOGE price history
  • 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, closing 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 lost 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.
  • After June’s crashing price action, when DOGE plunged to $0.122 from the $0.160 range, July observed a further low of $0.107, but the meme coin recovered back to $0.134 by the end of the month.
  • In August 2024, Dogecoin’s price fell from $0.1216 to $0.1011, and in September, DOGE recovered back to the $0.1282 range.
  • October saw some recovery, as DOGE/USD recovered up to the $0.1759 range by the end of the month, and in November it spiked to $0.4312.
  • At the start of December, DOGE is trading near the $0.440 mark.

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.

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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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