Dogecoin Price Prediction: Can DOGE Bulls Push the Price Above $0.1 in 2023?

Key Takeaways

• Dogecoin had dropped below the recovery path but the bulls appear to be self-assured of reviving a bullish trend very soon.
• Although the price remained consolidated within a descending trend, the bears appear to have failed to stabilize a bearish trend.
• The technicals and the on-chain fractals remain under the bullish influence, which indicates the rally might remain elevated in the long term.

Dogecoin Overview as of August 10, 2023

Dogecoin Price	$0.075
24 Price Change	+0.98%
7D Price Change	+1.2%
Market Cap	$10.39 billion
Circulating Supply	140.52 billion
Trading Volume (24-Hour)	$373.04 million
ATH	$0.7376
Fear-Greed Index	53 (Neutral)
Sentiment	Neutral
Volatility	5.48%
Green Days	15/30 (50%)

Dogecoin Technical Analysis

Bullish	70%
Bearish	30%

Source: Tradingview

• The DOGE price has been trading within a descending parallel channel ever since the price faced rejection from the interim highs at $0.16.
• After the recent rebound from the yearly lows below $0.06, the price has been maintaining an ascending trend and is expected to reach the upper resistance shortly.
• The Bollinger bands are compressing, which suggests a drop in the volatility rate that could keep the price stagnant for a while.
• Besides, the RSI is maintaining a rising trend that suggests that the price is expected to surge in the coming days.

Read More: Shiba Inu Price Prediction

DOGE Price Prediction 2023-2030

Year	Minimum Price / Maximum Price
2023	$0.1085 to $0.115
2024	$0.75 to $1.09

Dogecoin Price Prediction August 2023

After rising above the lower support, the Dogecoin price has displayed immense strength for the past few days. Despite the bears trying to create significant pressure, the bulls maintained huge dominance, which helped the price sustain an upswing. Now that the price has approached a critical juncture, a notable breakout is fast approaching. 

In the coming days, the Dogecoin price is believed to maintain a consolidated upswing and rise above $0.08 initially. This may push the price beyond the crucial resistance at $0.0829, which may pave the way for the token to reach $0.1 in the later days. Therefore, the DOGE price may close the monthly trade around $0.085 to $0.086. 

Dogecoin Price Prediction September 2023

The price could maintain a notable upswing in the first few days of September and achieve levels above $0.09. Here, the bearish momentum may intensify, and the price may witness a notable drop. The price could further maintain a notable descending trend for the rest of the month and shed more than 15% to 18% of its gains.

As the price reaches the last week’s trade of the month, a significant recovery may be seen that could halt the descending trend. The DOGE price may begin with a healthy upswing and try to close the monthly trade on a bullish note. However, it may certainly fail to regain the lost levels and trade around $0.075 to $0.078 by the end of the month. 

Dogecoin Price Prediction October 2023

With the beginning of the last quarter, the bulls have historically gained strength, and hence the DOGE price is also expected to recover to a large extent. The trend could remain largely elevated with the prices regaining their lost levels. By the end of the first fortnight, the value could have surged beyond $0.082, aiming to reach higher levels. 

The buying pressure is expected to rise slowly during the last week of the trade, which is expected to keep up the momentum. The price may rise above $0.085 and face a slight pullback. However, the bulls may continue to maintain their dominance and close the monthly trade at around $0.088 to $0.092. 

Dogecoin Price Prediction November 2023

With a rise in bullish momentum, the market sentiment is believed to flip into bullish favor. The bears are expected to remain passive for most of the month, which could help the bulls lift the price toward the next target. However, if the previous rallies are considered, November has largely attracted significant gains, and hence a similar price action is expected. 

As the trade advances, the bullish momentum could surge, which may further assist the price in remaining within an ascending trend. By the end of the month, the DOGE price is believed to trade between $0.091 to $0.093. Although it could face rejection, it could manage to hold above the interim support. 

Dogecoin Price Prediction December 2023

As the rally approaches the end of the year, the trade may intensify its upswing as market participants become more optimistic. With the increase in bullish momentum, the price is expected to get a larger boost to propel toward the next target. However, the bears are expected to remain silent as the bulls could be preparing for a large upswing. 

During the last few days of the year, the DOGE price may form constant highs and lows, displaying immense strength among the bulls. Therefore, the price is believed to remain elevated, potentially reducing the possibility of bearish outcomes. By the end of the month, the DOGE price may trade above $0.1 and close the trade around $0.115.

Dogecoin Price Prediction 2024

After a bullish close for 2023, the Dogecoin price is believed to start the 2024 trade with a huge upswing. The trend may remain elevated, largely testing the immediate highs and clearing a couple of them. By the midpoint of the Q2 trade, the price could have reached around $0.125, and as it aims to reach $0.13, the bears may begin to extract their profits, shedding the value that may prevail until the midpoint of the Q3 trade. 

The Dogecoin price is further expected to trigger a rebound after remaining within a contracted range for a long time. The bulls may utilize their accumulated strength, which may enable the prices to rise nicely. With the beginning of the last quarter, a bull run could be triggered within the markets, enabling the DOGE price to spike beyond $0.25. By the end of the year, the prices may trade between $0.35 to $0.52. 

Dogecoin Price Prediction 2025

The price is believed to carry forward the bullish momentum since the beginning of the year and reach levels close to $0.5 by the end of the first quarter. However, the bears may not intervene at present as the markets could be approaching the peak of the prevailing bull run. By the end of the year’s first half, the DOGE price could trade between $0.65 and $0.78. 

During the second half of the year, the markets are expected to reach new highs, and the DOGE price is believed to surpass the milestone of $1. After marking new highs during Q3 2025 at around $1.05 to $1.1, the price may face a huge rejection that may compel the price to drop below $1. By the end of the year, the price may trade between $0.85 and $0.92.

Additional Read: Pepe Price Prediction

Dogecoin Price Prediction 2026

The bearish reversal, which began in the last few days of 2025, is expected to carry forward since the start of 2026. The price is expected to remain stable for the first few weeks and holds above the crucial support. However, these support levels could be broken as the trade advances, enabling the bears to amplify their actions. 

During the second half, the descending trend is believed to transform into a correction, which may further transform into a bear market. The price levels are expected to shed most of their gains and drag them toward the year’s lowest levels. By the end of the year, the DOGE price is believed to trade around $0.34 to $0.38.

Dogecoin Price Prediction 2027

Market participants could be hopeful of a bullish rebound since the beginning of the year, but the bear market is expected to prevail for a while ahead. The price could maintain a fine descending trend throughout the year’s first half. By the end of the H1 trade, the DOGE price is believed to trade around $0.098 to $0.105. 

With the beginning of the second half, the intensity of the bear market may drop, but the price may head to the lows somewhere in mid-Q3. After reaching the lows of around $0.075, a steep rebound is expected to trigger, enabling the price to reclaim the lost levels. By the end of the year, the DOGE price is expected to trade around $0.125 to $0.14. 

Dogecoin Price Prediction 2028

The DOGE price may remain elevated with the beginning of the 2028 trade as the market sentiments may have turned bullish. The price may hold above the interim support at $0.12 firmly, which may also act as a base to trigger a healthy upswing. The trade may reach levels around $0.2 to $0.55 by the end of H1, beyond which a massive upswing may begin. 

After undergoing extended bearish action, the DOGE price is believed to trade sideways for a while. This could allow the bulls to accumulate some strength, which may be utilized further to trigger a huge upswing. By the end of the year, the price is believed to rise above $0.89 but might not reach the milestone of $1. 

Dogecoin Price Prediction 2029

The Dogecoin price could begin to surge since the start of 2029, with the aim of marking a new ATH. The price may begin with minor spikes and check the bearish strength. After a couple of spikes, the bears are expected to be weakened, which may enable the bulls to amplify their actions. Therefore, by the end of the year’s first half, the price is expected to trade around $1.89 to $2.2.

The prevailing bull run is believed to intensify during the year’s second half and find a new ATH at around $3.5 to $4 by the end of Q3. This may again attract the bears, who may quickly begin to extract their profit and slash the price harder. By the end of the year, the Dogecoin price is believed to trade between $2.5 and $2.6. 

Dogecoin Price Prediction 2030

After marking a new ATH, the Dogecoin price is believed to trigger a healthy bearish trend, which may further intensify in 2030. The trend may transform into a bear market, which may prevail for almost a year. The selling pressure may have accumulated to such an extent that the bulls may fail to intervene. 

The trade is believed to begin to drop harder in the second half and mark the lows somewhere by the end of Q3. After reaching these levels, the DOGE price is believed to rebound and reclaim the lost levels. By the end of the year, the price could trade between $1.98 and $2.1.

Will the Dogecoin Price Rise Again in 2023?

Dogecoin has reached its lowest point in the year after maintaining a steep downward trend for a while. Therefore, the rebound that has been triggered is expected to remain for a long time, enabling the price to regain some of its lost levels. Nevertheless, the price may experience some bearish action but may certainly maintain a notable upswing until the end of the year. 

Futures Trading on CoinDCX App!

Nowadays, futures trading is on the rise. Regardless of its risks, it has become a widely talked about trading technique among traders. CoinDCX offers advanced trading tools and in-app features that simplify your trading journey. So download the Bitcoin and Crypto App and register now!

FAQs