Today’s Dogecoin price prediction is for December 26, 2022.
Doge price prediction: Here is the most up-to-date Doge price prediction and the price of Doge in USD.
Today’s Doge price:
The price of Doge right now is $0.0745803 USD.
Dogecoin Price Prediction: The market price of Dogecoin dropped 28% in December, putting it 85% below its all-time high of $0.74. As of December 24, the famous meme coin has been going down in a parallel way for a few weeks.
Dogecoin price prediction
At the moment, one Dogecoin costs $0.072. So far, a 21% drop has been the biggest change. Many times in December, the upper edges of the parallel channel have been a point of resistance.
The 50-day, 100-day, and 20-day simple moving averages are all above the current trading range of DOGE, which is the most popular dog coin in the world. This means that the overall trend for DOGE is down.
Dogecoin price prediction 2023
Most likely, there will be another crash with the parallel descending canal in the next 24 hours. If the bears win again, DOGE could drop by 20%, which would be the same amount as the last drop.
The price of Dogecoin would fall to about $0.061, which would set the low point for 2021 at $0.057.
A second attempt to break through the $0.069 low on Sunday could start the next downtrend rally. The bearish thesis will be proven wrong if the bulls take back the 50-day simple moving average at $0.08.
If the bulls win, the price of DOGE could go up to $0.095, which would be a 25% increase from the current price of Dogecoin.