Doge price prediction – Here’s the latest Doge price prediction and Doge TO USD converted price you can find here
Doge Today’s price
Doge price today is $0.0805911 USD
| DATE | Dogecoin | USD |
|---|---|---|
| Today | 1 | $0.0805911 |
It’s value increased in 2021 as the cryptocurrency markets recovered, gaining popularity on social media and spurring the creation of additional coins with Shiba Inu dog themes.
Furthermore, even in the context of cryptocurrency markets, the price of coin fluctuates wildly because social media communities are to blame for notable price peaks and subsequent crashes that garner mainstream media attention.
Doge Price Prediction:
As the cryptocurrency market continues to struggle as a result of the most recent Fed hike and the lingering impacts of the FTX crash, the price of Dogecoin has dropped by 6% over the previous day, down to $0.082213.
The community’s hopes for some sort of Twitter integration have not been achieved, as evidenced by its most recent movements, which also show that it has declined by 16% over the last week and by 20% over the past two weeks.
However, if Twitter does finally implement Dogecoin-based payments or tipping of any type, DOGE will experience a substantial price increase.
However, it’s debatable whether the altcoin’s fundamentals will be sufficient to raise it significantly from its current level if the social network doesn’t.
On the basis of recent gains giving way to a decline into losses, it appears like Dogecoin is currently undergoing a bearish reversal, according to its chart. Its relative strength index (purple) has dropped from 60 at the beginning of December to under 40 right now, and it appears that this downward trend will continue in the near future.
In addition, DOGE’s 30-day moving average (red) has reached a plateau following recent gains and appears to be about to start dropping in the direction of its 200-day average (blue). A greater selloff might occur if it falls below the longer-term average.
In terms of DOGE’s pricing, the Dogecoin community is still optimistic, with some people holding out for $1 (or even greater) in the not-too-distant future.
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