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Dogecoin forecast 2021 | 2025 | 2030 – DOGE price forecast

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Dogecoin forecast 2021 | 2025 | 2030 – DOGE price forecast. Dogecoin was first introduced on December 6, 2013. Since then, it has seen a remarkable rise. It was designed by Jackson Palmer and Billy Markus, based on the Shiba Inu meme.

Although the cryptocurrency was not taken seriously at its launch, Dogecoin has become a major asset, with a market capitalization of $283 million as of October 2019 and a 29th place ranking in terms of its market capitalization.

In addition, Dogecoin enjoys some practical applications and is sometimes used to tip the internet to reward helpful contributions.

After reaching its historic high of over $0.0185 back in January 2018, Dogecoin began to experience a downward trend that lasted until January 2019.

Nevertheless, Dogecoin remains a cryptocurrency with high appeal and does not seem to disappear in the near future. With that in mind, let’s take a look at the current state of the price trend and look ahead to the potentially positive future.

Important highs and lows

Throughout its history, Dogecoin has reached several significant highs and lows, some of which will be considered in this analysis.

The most important ones are listed in the table below:

Highs Lows

Januar 2016 – $0.00051 7. Mai 2015 – $0.000068
Juni 2017 – $0,00410 15. September 2017-$0,00065
Januar 2018 – $0,01972 6. Februar 2019, $0,00174

Dogecoin Forecast 2021

DOGE, like the rest of the market, is tied at the hip to Bitcoin’s price action. If Bitcoin starts another bull run, DOGE can hope for one as well. It is when the altcoins take the lead and have a field day with the bulls, often doubling or tripling Bitcoin’s price within days.

With the outbreak of the pandemic, the world was put into hibernation for a few months, and It negatively affected cryptocurrencies and sent Bitcoin downhill, as we saw as much as 40% daily losses. However, the situation quickly stabilized, and Bitcoin, as the standard-bearer brought the crypto market back to life. We have been in a major bull run since the summer, and if we listen to the analyses of social media and journalists’ desks, we are far from its local peak.

What does this mean for the Dogecoin price in 2021?

As long as bitcoin takes the lead and moves up, there is little room for DOGE to shine. However, it will increase its USD-denominated value thanks to the general rise in crypto prices. Nonetheless, the ratio of DOGE to BTC is likely to decline, possibly to an all-time low. This means that it is best to keep your funds in Bitcoin until it reaches its temporary peak, opening the doors for altcoins. Dogecoinwill be among the top candidates for big gains, as money usually flows from Bitcoin gains to blue chip altcoins and big cap coins before flowing into the lesser known and smaller projects.
Dogecoin forecast 2025 – How high will Dogecoin be 5 years from now?

According to various online prediction websites, the price of 1 Dogecoin(DOGE) will be around $4.52 in 5 years, just before we see the year 2025.

It would actually surprise me immensely if DOGE in its current shape and form would be live and in full swing in 2025.
Dogecoin Price Forecast 2024

To predict the price at the end of 2024, it is not possible to use RSI or moving averages.

This is because the date is just under five years from now, and our two market cycles (April 2015, November 2018) only lasted about a year and a half. So if we were to use them to predict the price, we would have to make a prediction based on a price predicted in the future.

Therefore, we will use the average rate of increase explained in the first section.

Using an average rate of increase of 1.63% per day, we find a price of $0.072 on December 31, 2024.

The prices projected using both methods are shown in full in the table below:

Average Rate of Increase RSI & Moving Averages.

December 2019 $0.0055 $0.00297
December 2020 $0.0191 $0.0201 $0.0201
December 2024 $0.072

We believe that the RSI & Moving Averages price forecast will prove to be more accurate. This is especially true for the price forecast at the end of 2019.

On the other hand, both price forecasts for the end of 2020 are quite similar.

The price forecast for 2024 is made using the average rate of increase.
Dogecoin Forecast 2030

Again, shady and less reputable online sites predict a Dogecoin price for 2030 and tell us that DOGE could reach $17.0576. Just a reminder – 2030 is still 10 years away – do you really think any algo or human can predict that much into the future?

I thought so.

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