Price Predictions

Dogecoin Price Prediction 2025-2030: Will the DOGE Price Ever Reach $1? 

Dogecoin Price Prediction

Key Takeaways 

  • The Dogecoin price closed the previous day’s trade at $0.062 with a market capitalization of $8.25 billion and a circulating supply of 132.67 billion DOGE
  • The DOGE price continues to remain calm and appears to have to wait for a right opportunity to surge high and gain its previous levels.

Dogecoin Price Prediction Today

Current Price $0.06213
DOGE Price Prediction for Today $0.0622
Volatility  3.23%
50-Day SMA $0.06288
14 Day RSI 53.88
Sentiment Bearish
Fear and Greed Index 23 (Extreme Fear)
Green Days 15/30 (50%) 
200-Day SMA $0.086428

Additional Read: Top Altcoins 2022

Dogecoin Technical Analysis

Dogecoin

Source: Tradingview

  • The Dogecoin price is attempting to undergo a parabolic recovery to reach the pivotal resistance at around $0.0876
  • However, the prices are required to surpass crucial resistance at $0.0752 to reach these levels as the trend is expected to flip at these levels as it did before.
  • Once the price reaches $0.087 levels, then a possibility of a minor pullback may be expected to accomplish a cup & handle pattern.
  • Furthermore, a breakout may lead the price to rise beyond $0.089 and extended bullish action may even rise the price beyond $0.1.

Additional Read: Dogecoin Technical Analysis

Dogecoin On Chain Analysis 

  • The development activity over Dogecoin has slumped hard in the recent times but has managed to rise a bit since the beginning of the current month.   

Souce: Santiment

  • While the DOGE price continues to remain highly unaltered, the whales also continue to remain stagnant as they continue to hold the percentage of DOGE they held earlier.

 

Source: Santiment

  • The daily active address witnessed a considerable spike in recent times as it raised from the levels below 50K to as high as 70K, but dropped back to the previous levels

Top Crypto News

Source: Santiment

  • The Sharpe ratio which is the comparison between the returns from your investments to that of the risks involved has dropped to -1.26 but has recovered from levels around -5. Therefore, signaling the investments could be profitable soon. 

Source: Messario.io

Will Dogecoin PRICE REACH $0.065 TODAY?

The Doge price began the day’s trade on a bearish note after facing rejection at $0.063. Furthermore, a significant pullback dragged the price too low as $0.061 where-in, the possibility of dropping below $0.06 emerges. However, the bulls are believed to hold the price above the pivotal support at $0.0607 & ignite a rebound. 

The RSI in the STF is hovering around the oversold levels while the MACD flashes a significant bearish trend to prevail for a long time. Moreover, the volume has also dropped heavily, due to which the price may remain unaltered for a long time ahead. Therefore, the DOGE price may trade around $0.065 by the end of the day.

Will Dogecoin Price REACH $0.08 by the End of October 2022?

The Dogecoin price dropped heavily from the monthly highs beyond $0.066 in the recent past, which dragged the token to $0.062. Meanwhile, the bulls remain off-shore as the bears maintain their strong dominance over the rally. Therefore, the price may continue to drop hard until the day’s close. 

Additionally, the technicals are pointing towards the continuation of the bearish trend, and hence the price may mark new monthly lows. However, after a minor pullback, the DOGE price is expected to rebound finely to reach the upper targets soon. Hence, the Dogecoin price prediction for the week is $0.72, while for the month it is $0.085.

Dogecoin Price Prediction 2025-2030

Dogecoin gained wide user attention and adoption in 2021 as the great bull run ignited with the DOGE price rally. The asset since then has been within the top 20 tokens as per the market capitalization. Therefore, with a slight change in the market sentiments, the DOGE price is expected to regain bullish momentum & close the yearly trade on a bullish move.

The DOGE price is expected to maintain a low yet steady upswing and eventually regain levels beyond $0.1 in the first few months of 2023. Further, with bullish sentiments surrounding the crypto space, the prices could surge beyond $0.5 and later test their ATH in the next couple of years. If the bulls reenter, then possibly the DOGE price may hit $1 also in the coming days.

Year DOGE Price Forecast
2022 $0.08 to $0.89
2023 $0.15 to $0.18
2024 $0.3 to $0.5
2025 $0.8 to $0.95

Read more: Dogecoin Price Prediction 2025

Dogecoin News Today

  • Dogecoin explodes heavily as Elon Musk re-offers Twitter to purchase the company at the deal they earlier agreed upon
  • Dogecoin recently released a new version of the core wallet version 1.14.6.

Additional Read: Top Crypto News Today

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