- Bullish DOGE price prediction ranges from $0.08295 to $0.31716.
- DOGE price might also reach $0.3521 this 2023.
- DOGE’s bearish market price prediction for 2023 is $0.05409.
Dogecoin is a blockchain project that was launched in December 2013. The native token of the Dogecoin community is called DOGE.
DOGE investors are bullish on the token since it has had a return on investment (ROI) of over 143 times in the past 9 years. It is one of the most successful projects in cryptocurrency history. It attained its all-time high (ATH) price of $0.7376 in May 2021. Irrespective of the recent crypto winter, Dogecoin investors are confident that the future of DOGE is bullish.
If you are interested in the future of Dogecoin (DOGE) and would want to know the price analysis and price prediction of DOGE for 2022, 2023, 2024, 2025, 2026, up to 2030, keep reading this Coin Edition article.
Dogecoin (DOGE) Market Overview
| Name | Dogecoin |
| Symbol | doge |
| Rank | #8 |
| Price | $0.077034 |
| Price Change (1h) | 0.30553 % |
| Price Change (24h) | 2.36731 % |
| Price Change (7d) | 5.04565 % |
| Market Cap | $10709142105 |
| All Time High | $0.731578 |
| All Time Low | $8.69E-5 |
| Circulating Supply | 138647396384 doge |
| Total Supply | doge |
What is Dogecoin (DOGE)?
Dogecoin (DOGE) was launched in December 2013 by Billy Markus. It uses the meme symbol of a Japanese dog called Shiba Inus. Transactions in Dogecoin can both be traced on the Dogecoin explorer and Binance Smart Chain. Dogecoin is a hard fork of Litecoin.
Dogecoin is an open-sourced project that uses the Proof-of-Work (PoW) consensus mechanism. The coin can be mined and it uses the Script programming language.
Due to its very low fees in sending out transactions, it is one of the cheapest blockchains that supports peer-to-peer transactions. Holders of DOGE can both store it on their private wallets created from the Dogecoin platform or on any of the secured cryptocurrency exchanges that trade on Doge.
In 2021, the Dogecoin Foundation was formed due to the interest of known proponents like Elon Musk. The task of the Foundation members which include Dogecoin Founder Billy Markus, Elon Musk, and Ethereum creator Vitalik Buterin is to act in an advisory capacity on Dogecoin development and future.
Analyst Views on Dogecoin (DOGE)
To an extent, crypto holders know that more utilities in the market leads to a bull run in the end. Crypto analyst – Dogecoinride mentioned that Elon Musk has indicated he wants to integrate payments to Twitter. And also that Twitter might achieve 1 billion monthly active users over the next 18 months. If $DOGE is included as a payment option then that implies ONE BILLION people might possibly utilize the money. If that happens, payment with Dogecoin might be able to replace Apple Pay.
Most of the investors who bought DOGE believes that 1 DOGE will reach an equilibrium of $1 just like a youtuber and a crypto investor, That Martini Guy YT.
On November 25, 2022, DOGE was up by 8% and also rumours of integrating it with Twitter also spreading wild ever since Elon Musk started his Twitter reign. DOGE might be able to reach a new high according to Travladd Crypto.
Dogecoin (DOGE) Current Market Status
The maximum supply of Dogecoin (DOGE) is unknown while its circulating supply is 132,670,764,300 DOGE according to CoinMarketCap. At the time of writing, DOGE is trading for $0.07746 which represents a 24 hours increase of 2.55%. The trading volume of DOGE in the past 24 hours is $755,954,791 which represents a 7.29% increase.
Some of the top cryptocurrencies for trading Dogecoin (DOGE) are Binance, Coinbase, Kucoin, Huobi Global, Gate.io, and others.
Now that you have known what DOGE is and its current market status, we shall discuss the price analysis of Dogecoin (DOGE) for 2023.
Dogecoin (DOGE) Price Analysis 2023
Currently, DOGE is ranked in the 8th position on CoinMarketCap. Will developments and upgrades within the Dogecoin community lead to a rising in the price of Dogecoin (DOGE)? We shall see this in this Coin Edition price analysis 2023 article.
Dogecoin (DOGE) Price Analysis – Keltner Channel
Keltner Channel is a technical analysis indicator used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for Dogecoin (DOGE), it could be seen that the present bullish run could continue since the recent candlesticks recently entered the first half of the chart. Also, since the last candlestick is struggling to stay afloat in the first half, the present increase in the price of DOGE might be sustained before any expected reversal.
Dogecoin (DOGE) Price Analysis – Relative Strength Index
The Relative Strength Index (RSI) is a technical analysis indicator that measures the relative momentum in the magnitude and speed of recent price changes of an asset to deduce if it is an oversold or overbought asset. The RSI value of Dogecoin (DOGE) 1-day chart of DOGE/USDT is 52.31. This shows that DOGE is moving to the overbought region of 70, we can expect DOGE price to rise up a bit more before reaching to RSI level of 70. After that, a trend reversal might come. Investors should look for a few confirmation patterns before entering the trade or investing in reducing the financial risks.
Dogecoin (DOGE) Price Analysis – Moving Averages
The chart above shows the 1Day chart of DOGE 200-day and 50-day Moving Average (MA). Presently, DOGE is on a bullish trend, as indicated in the recent uptrend. 50-MA is already above 200-MA, meaning that DOGE will continue to rise more.
However, since the gaps between the moving averages is getting narrow, the price of Dogecoin (DOGE) could face a trend reversal in the future.
Dogecoin (DOGE) Price Prediction 2023
Looking at the daily DOGE/USDT chart, the price of Dogecoin was swinging from $0.06235 to $0.1046 after almost touching the support level. It reversed from the support level and now going upwards. Although DOGE is below the 200MA, it might breakout beyond the indicator, meaning that the market has high chance of having a bull run.
Meanwhile, our long-term DOGE price prediction for 2023 is bullish since it cannot break the present support level. We can expect Dogecoin to reach $0.34 in 2023.
Dogecoin (DOGE) might hit $0.10 in 2023 if this bullish trend continues. The growth will thereafter moderate, but no significant drops are predicted. By upgrading burning rewards, investors could burn more DOGE, reducing circulation volume. This could make the price of DOGE reach $0.5 shortly.
| Month | Minimum Price | Average Price | Maximum Price |
| April 2023 | 0.087 | 0.091 | 0.106 |
| May 2023 | 0.098 | 0.13 | 0.18 |
| June 2023 | 0.174 | 0.230 | 0.274 |
| July 2023 | 0.261 | 0.297 | 0.358 |
| August 2023 | 0.312 | 0.343 | 0.389 |
| September 2023 | 0.378 | 0.413 | 0.459 |
| October 2023 | 0.423 | 0.487 | 0.523 |
| November 2023 | 0.510 | 0.538 | 0.593 |
| December 2023 | 0.523 | 0.622 | 0.682 |
Dogecoin (DOGE) Price Prediction – Resistance and Support Levels
This bullish chart shows that the price of DOGE has been swinging between $0.07211 to $0.1171 within the past 30 days. DOGE price went up after almost touching the support level and now heading to resistance level 1. If DOGE breaks out of resistance 1 and rises higher, DOGE has a high chance of reaching $0.1867, resistance level 2.
However, if sellers have their way, the price of Dogecoin might be dethroned from its present uptrend position. In simpler terms, DOGE might trend below the $0.05409 support level and even lower in 2023, a bearish signal.
Dogecoin (DOGE) Price Prediction 2024
The Bitcoin supply will be cut in half by 2024. Consequently, we should anticipate a favorable market trend due to user sentiment and investors’ desire to acquire more of the coin. Due to the impact of Bitcoin’s price swings on the value of other cryptocurrencies, it is reasonable to anticipate that DOGE will be worth at least $0.907 by 2025.
| Month | Minimum Price | Average Price | Maximum Price |
| January 2024 | 0.636 | 0.657 | 0.680 |
| February 2024 | 0.378 | 0.678 | 0.707 |
| March 2024 | 0.453 | 0.703 | 0.763 |
| April 2024 | 0.602 | 0.722 | 0.745 |
| May 2024 | 0.719 | 0.740 | 0.761 |
| June 2024 | 0.736 | 0.759 | 0.819 |
| July 2024 | 0.754 | 0.779 | 0.802 |
| August 2024 | 0.291 | 0.803 | 0.824 |
| September 2024 | 0.801 | 0.822 | 0.882 |
| October 2024 | 0.823 | 0.846 | 0.869 |
| November 2024 | 0.848 | 0.873 | 0.894 |
| December 2024 | 0.787 | 0.907 | 0.967 |
Dogecoin (DOGE) Price Prediction 2025
If most cryptocurrencies can overcome psychological barriers in the aftermath of Bitcoin’s price halving in 2024, we can expect DOGE to trade at a premium to its 2024 pricing. As a result, DOGE may be worth roughly $1.181 by the end of 2025.
| Month | Minimum Price | Average Price | Maximum Price |
| January 2025 | 0.910 | 0.931 | 0.954 |
| February 2025 | 0.652 | 0.952 | 0.981 |
| March 2025 | 0.727 | 0.977 | 1.037 |
| April 2025 | 0.876 | 0.996 | 1.019 |
| May 2025 | 0.993 | 1.014 | 1.035 |
| June 2025 | 1.010 | 1.033 | 1.093 |
| July 2025 | 1.028 | 1.053 | 1.076 |
| August 2025 | 0.565 | 1.077 | 1.098 |
| September 2025 | 1.075 | 1.096 | 1.156 |
| October 2025 | 1.097 | 1.120 | 1.143 |
| November 2025 | 1.122 | 1.147 | 1.168 |
| December 2025 | 1.061 | 1.181 | 1.241 |
Dogecoin (DOGE) Price Prediction 2026
As more and more institutional investors flock to the DOGE platform, the cryptocurrency price will likely fall after a prolonged bull run ends in 2026. It would be a significant reversal of the trend, suggesting that the price of DOGE may reach $1.460 by 2026, even though the coin has generally depreciated during the same period.
| Month | Minimum Price | Average Price | Maximum Price |
| January 2026 | 1.189 | 1.210 | 1.233 |
| February 2026 | 0.931 | 1.231 | 1.260 |
| March 2026 | 1.006 | 1.256 | 1.316 |
| April 2026 | 1.155 | 1.275 | 1.298 |
| May 2026 | 1.272 | 1.293 | 1.314 |
| June 2026 | 1.289 | 1.312 | 1.372 |
| July 2026 | 1.307 | 1.332 | 1.355 |
| August 2026 | 0.844 | 1.356 | 1.377 |
| September 2026 | 1.354 | 1.375 | 1.435 |
| October 2026 | 1.376 | 1.399 | 1.422 |
| November 2026 | 1.401 | 1.426 | 1.447 |
| December 2026 | 1.340 | 1.460 | 1.520 |
Dogecoin (DOGE) Price Prediction 2027
The halving of Bitcoin in 2028 will likely trigger a bull market. As a result, if investors remain hopeful, the price of DOGE may continue to rise and may even breach previously established hurdles. Dogecoin (DOGE) may be worth $1.968.
| Month | Minimum Price | Average Price | Maximum Price |
| January 2027 | 1.697 | 1.718 | 1.741 |
| February 2027 | 1.439 | 1.739 | 1.768 |
| March 2027 | 1.514 | 1.764 | 1.824 |
| April 2027 | 1.663 | 1.783 | 1.806 |
| May 2027 | 1.780 | 1.801 | 1.822 |
| June 2027 | 1.797 | 1.820 | 1.880 |
| July 2027 | 1.815 | 1.840 | 1.863 |
| August 2027 | 1.352 | 1.864 | 1.885 |
| September 2027 | 1.862 | 1.883 | 1.943 |
| October 2027 | 1.884 | 1.907 | 1.930 |
| November 2027 | 1.909 | 1.934 | 1.955 |
| December 2027 | 1.848 | 1.968 | 2.028 |
Dogecoin (DOGE) Price Prediction 2028
Bitcoin will be halved in 2028, and a bullish run is anticipated before the market settles down in 2027. As a result, DOGE’s potential value of $2.570 by 2027 is still being determined.
| Month | Minimum Price | Average Price | Maximum Price |
| January 2028 | 2.299 | 2.320 | 2.343 |
| February 2028 | 2.041 | 2.341 | 2.370 |
| March 2028 | 2.116 | 2.366 | 2.426 |
| April 2028 | 2.265 | 2.385 | 2.408 |
| May 2028 | 2.382 | 2.403 | 2.424 |
| June 2028 | 2.399 | 2.422 | 2.482 |
| July 2028 | 2.417 | 2.442 | 2.465 |
| August 2028 | 1.954 | 2.466 | 2.487 |
| September 2028 | 2.464 | 2.485 | 2.545 |
| October 2028 | 2.486 | 2.509 | 2.532 |
| November 2028 | 2.511 | 2.536 | 2.557 |
| December 2028 | 2.450 | 2.570 | 2.630 |
Dogecoin (DOGE) Price Prediction 2029
By 2029, the majority of cryptocurrency values may have been stable for nearly a decade, owing to the application of lessons learned to secure the sustained faith of investors in the project. Because of this effect and the additional price increase that occurs a year after Bitcoin’s price halves, the price of DOGE might reach $3.131 by 2029.
| Month | Minimum Price | Average Price | Maximum Price |
| January 2029 | 2.860 | 2.881 | 2.904 |
| February 2029 | 2.602 | 2.902 | 2.931 |
| March 2029 | 2.677 | 2.927 | 2.987 |
| April 2029 | 2.826 | 2.946 | 2.969 |
| May 2029 | 2.943 | 2.964 | 2.985 |
| June 2029 | 2.960 | 2.983 | 3.043 |
| July 2029 | 2.978 | 3.003 | 3.026 |
| August 2029 | 2.515 | 3.027 | 3.048 |
| September 2029 | 3.025 | 3.046 | 3.106 |
| October 2029 | 3.047 | 3.070 | 3.093 |
| November 2029 | 3.072 | 3.097 | 3.118 |
| December 2029 | 3.011 | 3.131 | 3.191 |
Dogecoin (DOGE) Price Prediction 2030
The cryptocurrency market was stable because early investors held on to their assets so they would take advantage of future price gains. By the end of 2030, the price of Dogecoin (DOGE) could be around $3.642, despite the bearish market that followed a market boom in the early years.few years ago.
| Month | Minimum Price | Average Price | Maximum Price |
| January 2030 | 3.371 | 3.392 | 3.415 |
| February 2030 | 3.113 | 3.413 | 3.442 |
| March 2030 | 3.188 | 3.438 | 3.498 |
| April 2030 | 3.337 | 3.457 | 3.480 |
| May 2030 | 3.454 | 3.475 | 3.496 |
| June 2030 | 3.471 | 3.494 | 3.554 |
| July 2030 | 3.489 | 3.514 | 3.537 |
| August 2030 | 3.026 | 3.538 | 3.559 |
| September 2030 | 3.536 | 3.557 | 3.617 |
| October 2030 | 3.558 | 3.581 | 3.604 |
| November 2030 | 3.583 | 3.608 | 3.629 |
| December 2030 | 3.522 | 3.642 | 3.702 |
Dogecoin (DOGE) Price Prediction 2040
According to our long-term Dogecoin price estimate, Dogecoin prices could reach a new all-time high this year. If the current growth rate continues, we could anticipate an average price of $8.5 by 2040. If the market turns bullish, the price of Dogecoin could go up beyond what we predicted for 2040.
| Minimum Price | Average Price | Maximum Price |
| $7.5 | $8.5 | $10.3 |
Dogecoin (DOGE) Price Prediction 2050
According to our Dogecoin forecast, the average price of Dogecoin in 2050 might be above $17.34. If more investors are drawn to Dogecoin between these years, the price of Dogecoin in 2050 could be far higher than our projection.
| Minimum Price | Average Price | Maximum Price |
| $14.9 | $17.34 | $20.29 |
Conclusion
As said above, DOGE might reach $0.3 in 2023 and $3.36333 by 2030 if investors have decided that Dogecoin is a good investment along with mainstream cryptocurrencies like Bitcoin and Dogecoin.
FAQ
Dogecoin is an open-sourced project that uses the Proof-of-Work (PoW) consensus mechanism. The coin can be mined and it uses the Script programming language.
Like other cryptocurrencies, Dogecoin (DOGE) can be traded in cryptocurrency exchanges like Binance, Huobi Global, Kucoin, Gate.io, Coinbase, Kraken, and others.
DOGE has a low possibility of surpassing its present all-time high (ATH) price of $0.7376 in 2022.
It was launched in December 2013.
Dogecoin (DOGE) price is expected to reach $0.62 by 2023.
Dogecoin (DOGE) price is expected to reach $0.907 by 2024.
Dogecoin (DOGE) price is expected to reach $0.181 by 2025.
Dogecoin (DOGE) price is expected to reach $1.460 by 2026.
Dogecoin (DOGE) price is expected to reach $1.968 by 2027.
Dogecoin (DOGE) price is expected to reach $2.570 by 2028.
Dogecoin (DOGE) price is expected to reach $3.131 by 2029.
Dogecoin (DOGE) price is expected to reach $3.642 by 2030.
Dogecoin (DOGE) price is expected to reach $8.5 by 2040.
Dogecoin (DOGE) price is expected to reach $17.34 by 2050.
Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their own research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.
More Crypto Price Predictions:
Post Views: 2,280
Source: https://coinedition.com/dogecoin-doge-price-prediction/