AI forecasts the price of Dogecoin (DOGE) by the close of 2023.
According to an artificial intelligence forecast, Dogecoin (DOGE) could see a price increase and turn positive by the end of the year. The CoinCodex machine self-learning platform predicts that the meme coin will trade at $0.097 on December 31, 2023, representing a 76.2% gain from its current price. Additionally, DOGE is anticipated to trade as high as $0.89 on February 10, 2024. At the time of writing, DOGE was trading at $0.07 and has grown 94% since the start of the year, placing it in the top 10 coins by market capitalization. The coin has support levels of $ 0.073829, $ 0.072847, and $ 0.072204, and resistance levels of $ 0.075454, $ 0.076098, and $ 0.077080. The sentiment for DOGE is bearish, indicating a ‘sell’ at 15, with oscillators in the ‘neutral’ zone at 8, and moving averages (MA) indicating a ‘strong sell’ at 13. Positive news, such as Unstoppable Domains introducing DOGE as a payment option for its domain sales, could help boost the price of the cryptocurrency. However, investors should be cautious, as investing in cryptocurrencies is speculative and carries significant risk.
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