Dogecoin Price Prediction: What Awaits Meme Coin After the Halving?

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dogecoin It is one of the most popular tokens in the market. Meme coin is currently trading at $0.14, projecting a stable price pace. The token is currently experiencing pre-halving jitters as overall crypto market momentum has slowed in anticipation of the Bitcoin-halving event scheduled for April 20, 2024.

Dogecoin Price Projection for the Weekend

Despite the downward trend in the market, Dogecoin is performing well compared to its competitors. The token’s candlestick chart shows a bull flag formation, indicating the potential to hold ground amid market fluctuations. does.

The Dogecoin community is already echoing the sentiment of “buying the latest doge dip” and is expecting a positive price rise that the token will undergo in the near future. created.

Despite the pressure on the market, DOGE may show a good rise after the Bitcoin Halving event.

However, according to CoinCodex, Dogecoin may experience a gradual price decline before shifting gears. The platform predicts that Doge will fall another 1% by April 2024 and trade at $0.14.

“Dogecoin price prediction for the next 30 days is a projection based on positive and negative trends over the last 30 days. According to these Dogecoin projections, DOGE will trade at $0.146764 on April 24, 2024, losing -1.15% in the process.”

However, another crypto- Analysis platform Coinpedia predicts that Dogecoin will end April with a new ATH price. According to the platform, Doge is expected to gradually peak and rise to a new ATH of $0.25 by the end of April 2024.

“With a 14% jump last week and a 4.36% gain in the first half of this week, Doge price presents a breakout entry opportunity. “Given the ongoing uptrend above the 23.60% Fib level this week, a bull run from $0.25 to the 38.20% level seems possible.”

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