Key takeaways:
- DOGE price may reach $0.1455 by the end of 2024.
- By 2027, DOGE may potentially achieve a peak price of $0.4617.
- By 2030, DOGE might touch $1.46 with an average trading price of $1.27.
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
| Cryptocurrency | Dogecoin |
| Token | DOGE |
| Price | $0.385 |
| Market Cap | $57.21B |
| Trading Volume | $9.23B |
| Circulating Supply | 146.86B DOGE |
| All-time High | $0.7376 May 07, 2021 |
| All-time Low | $0.00008547 May 07, 2015 |
| 24-hour High | $0.3953 |
| 24-hour Low | $0.3592 |
Dogecoin price prediction: Technical analysis
| Price Prediction | $0.164 |
| Volatility | 15.72% |
| 50-Day SMA | $ 0.12078 |
| 14-Day RSI | 61.47 |
| Sentiment | Bullish |
| Fear & Greed Index | 69 (Greed) |
| Green Days | 19/30 (63%) |
| 200-Day SMA | 0.128811 |
Dogecoin price analysis: DOGE upgrades to $0.385 amidst recovery
TL;DR Breakdown:
- Dogecoin price analysis confirmed an upward market trend at $0.385.
- Cryptocurrency has gained up to 6.78% of recovery during the day.
- DOGE coin prices are targeting next resistance around $0.465 high.
On November 19, 2024, Dogecoin price analysis confirmed an increasing market trend for the cryptocurrency. Coin value has spiked up to $0.385 high in the past 24-hours. Side by side, the cryptocurrency gained a massive 6.78% recovery through the day. Green candlesticks on the one-day price chart indicate a strong upward swing for the cryptocurrency today.
Dogecoin 1-day price chart analysis
The one-day price chart of Dogecoin revealed an increasing market trend for the cryptocurrency. Coin value has spiked up to $0.465 high in the past 24-hours. If observed overall, the overall market sentiment remained towards the positive end. However, as the volatility is expanding, there is a higher chance of reversal in the market trends.
The distance between the Bollinger bands indicates market volatility. As this distance is expanding, this refers to an increasing volatility. Moreover, the upper limit of the Bollinger bands indicator, acting as the resistance band, has shifted to $0.465. Whereas, its lower limit, serving as the support, has now moved towards a $0.0756 low.
The Relative Strength Index (RSI) indicator has entered the overbought region. Currently at 77.71 and still moving upward, this indicates a bullish trend. The continuous ascending curve on the indicator’s graph marks an increasing trend. Today, the buying activities overpowered the selling activities once again, resulting in a considerable upside.
DOGE/USD 4-hour price analysis
The four-hour price analysis of Dogecoin revealed an upward market trend for the cryptocurrency. DOGE/USD value has spiked up to $0.385 high in the last four hours. Green candlesticks on the four-hour price chart indicate a bullish supremacy. Considering the recent upturn, the coin value now stands above its moving average.
The Bollinger bands are expanding rapidly, which signals a rising volatility. The rising volatility levels signifies a higher market unpredictability for the coming hours. Moving on, the upper Bollinger band has now shifted to $0.389, indicating the resistance point, whereas the lower Bollinger band has moved to $0.351, securing the support.
The RSI indicator is associated with the neutral region. Its value has increased up to 57.19 in the past four hours. The ascending curve on the RSI graph reflects a bullish market. The buying pressure intensified over the past few hours, resulting in a considerable recovery. The increasing RSI movement refers to a relatively stabilized market for now.
Dogecoin technical indicators: Levels and action
Daily simple moving average (SMA)
| Period | Value | Action |
| SMA 3 | $ 0.143934 | BUY |
| SMA 5 | $ 0.150825 | BUY |
| SMA 10 | $ 0.144059 | BUY |
| SMA 21 | $ 0.13855 | BUY |
| SMA 50 | $ 0.12078 | BUY |
| SMA 100 | $ 0.113516 | BUY |
| SMA 200 | $ 0.128811 | BUY |
Daily exponential moving average (EMA)
| Period | Value | Action |
| EMA 3 | $ 0.141526 | BUY |
| EMA 5 | $ 0.134722 | BUY |
| EMA 10 | $ 0.126003 | BUY |
| EMA 21 | $ 0.118867 | BUY |
| EMA 50 | $ 0.113373 | BUY |
| EMA 100 | $ 0.114556 | BUY |
| EMA 200 | $ 0.117474 | BUY |
What can you expect from the DOGE price analysis next?
Dogecoin price analysis gives out a highly bullish prediction regarding the ongoing market events. The cryptocurrency value has spiked up to $0.385 in the past 24 hours. The cryptocurrency has gained a massive 6.78 percent recovery during the day. The bulls have bounced back this week, which resulted in a considerable hike. Technical indicators as well as the price charts continue to support the cryptocurrency buyers for the day.
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 $0.385 as observed over the last 24 hours. Side by side, the presence of strong resistance at $0.1359 mark has been broken by DOGE in the past month.
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 Doge coin, 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
- 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 is 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.
- According to on-chain data patterns, important Dogecoin community stakeholders are still in accumulation mode and are probably waiting for another boost in the event that Trump wins the November 5 elections. As of November 1, Dogecoin miners’ reserves climbed to 6.4 billion DOGE, according to the IntoTheBlock Miner Reserves data. This indicates that throughout the previous month, the DOGE miners have obtained 300 million DOGE, which is equivalent to almost $45.8 million.
Dogecoin price prediction November 2024
In November 2024, DOGE could maintain a trading range of $0.1123 to $0.1751, with an average price of $0.1437.
| DOGE price prediction | Minimum price | Average price | Maximum price |
| DOGE price prediction November 2024 | $0.1123 | $0.1437 | $0.1751 |
Dogecoin price prediction 2024
In Q4 of 2024, DOGE could maintain a trading range of $0.1330 to $0.1455, with an average price of $0.1379.
| DOGE price prediction | Minimum price | Average price | Maximum price |
| DOGE price prediction 2024 | $0.1330 | $0.1379 | $0.1455 |
Dogecoin price predictions 2025 – 2030
| Year | Minimum price | Average price | Maximum price |
| 2025 | $0.1873 | $0.1928 | $0.2306 |
| 2026 | $0.2670 | $0.2747 | $0.3279 |
| 2027 | $0.3920 | $0.4030 | $0.4617 |
| 2028 | $0.5769 | $0.5970 | $0.6868 |
| 2029 | $0.8269 | $0.8508 | $0.9855 |
| 2030 | $1.23 | $1.27 | $1.46 |
Dogecoin price prediction 2025
According to the Dogecoin price forecast for 2025, traders can expect minimum and maximum prices of $0.1873 and $0.1928, and an expected average trading price of $0.2306.
Dogecoin price prediction 2026
Dogecoin’s forecast for 2026 presents an optimistic outlook for the coin. Traders can expect a maximum price of $0.3279, an average trading price of $0.2747, and a minimum price of $0.2670.
Dogecoin price prediction 2027
In 2027, DOGE could reach a maximum price of $0.4617, an average trading price of $0.4030, and a minimum price of $0.3920.
Dogecoin price prediction 2028
According to the Dogecoin price forecast for 2028, traders can expects a maximum price of $0.6868, an average trading price of $0.5970, and a minimum price of $0.5769.
Dogecoin price prediction 2029
Dogecoin’s forecast for 2029 presents an positive outlook for the memecoin. The maximum expected price is $0.9855, with an average trading price of $0.8508. The predicted minimum price for Dogecoin is $0.8269.
Dogecoin price prediction 2030
According to the Dogecoin price forecast for 2030, traders and investors can anticipate a maximum market value of $1.46, a minimum price of $1.23, and an average price of $1.27.
Dogecoin market price prediction: Analysts’ DOGE price forecast
| Firm Name | 2024 | 2025 |
| 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 $0.1402, an average of $0.1464, and a maximum of $0.1648. By 2030, DOGE may reach $1.56.
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, 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 at the start of November it’s price is trending near $0.1590.
