Dogecoin is one of the most popular crypto tokens in the market. The coin is expected to be stable in price and is trading at $0.14 at press time. The coin is currently experiencing pre-halving jitters as the overall cryptocurrency market momentum has slowed down in anticipation of the Bitcoin halving event, which is expected to take place on April 20, 2024.
Dogecoin Price Prediction for the Weekend
Despite the bearish start to the market, Dogecoin is still performing well compared to its competitors. The coin’s candlestick chart shows a bull flag pattern, indicating its enduring potential to remain stable amid market volatility.
The Dogecoin community has begun responding to the “buy the latest Dogecoin dip” sentiment, creating a positive price uptrend for the coin in the near future.
Despite the growing market pressure, Dogecoin could see a nice uptick after the Bitcoin halving event.
However, according to CoinCodex, Dogecoin may first experience a gradual price decline before changing its strategy. The platform expects Doge to fall another 1% by April 2024, trading at $0.14.
“The Dogecoin price prediction for the next 30 days is a projection based on the positive and negative trends of the past 30 days. According to these Dogecoin predictions, DOGE will change hands at $0.146764 on April 24, 2024, losing -1.15% in the process.”
However, another crypto analytics platform, Coinpedia, predicts that Dogecoin will reach a new ATH price by the end of April. According to the platform, Doge is expected to gradually reach its peak and rise to a new ATH of $0.25 by the end of April 2024.
“With a 14% gain last week and a 4.36% gain in the first half of this week, Doge price offers a breakout entry opportunity. Considering the uptrend continues above the 23.60% Fib level this week, a bull run to the 38.20% level at $0.25 seems feasible.”
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