Skip to content

AI predicts Dogecoin (DOGE) price for the end of 2023

AI predicts Dogecoin (DOGE) price for the end of 2023

While Dogecoin  (DOGE) has gone down with the rest of the cryptocurrency market in the past month, the crypto community might take heart from an artificial intelligence (AI) forecast that suggests the meme coin’s price may turn positive before the end of the year. 

According to the data obtained by Finbold on March 7 from CoinCodex’s machine self-learning platform, Dogecoin is anticipated to be trading at the price of $0.097 on December 31, 2023, which would represent a gain of 36.6% over its current price.

Dogecoin price prediction. Source: CoinCodex

A little over a month from the end of the year forecast, on February 10, 2024, DOGE is anticipated to trade as high as $0.89.

DOGE price analysis

At the time of publication, DOGE was trading at $0.07, recording an increase of 0.97% on the day and 8.4% across the previous week.

Dogecoin 1-day price chart. Source: Finbold

Dogecoin has support levels of $ 0.073829, $ 0.072847, and the strongest at $ 0.072204. Similarly, the meme coin’s resistance levels are at $ 0.075454, $ 0.076098, and $ 0.077080. While 92,000 addresses hold 13.1 billion DOGE at the resistance area – bought at the average price of $0.086.

In terms of its technical analysis (TA) on one-day gauges at finance and cryptocurrency tracking platform TradingView, the sentiment for DOGE is bearish, suggesting ‘sell’ at 15, as summarized from oscillators being in the ‘neutral’ zone at 8, and moving averages (MA) indicating ‘strong sell’ at 13.

Dogecoin one-day sentiment gauges. Source: TradingView

Positive news surrounding Dogecoin, such as the recent statement made by the Web3 domain supplier Unstoppable Domains that it would be introducing DOGE as a payment option for its domain sales, is an example of one of the causes that might boost the price of cryptocurrency closer to the level of resistance.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

Best Crypto Exchange for Intermediate Traders and Investors

  • Invest in 70+ cryptocurrencies and 3,000+ other assets including stocks and precious metals.

  • 0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit

  • Copy top-performing traders in real time, automatically.

  • eToro USA is registered with FINRA for securities trading.

30+ million Users
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. eToro USA LLC does not offer CFDs, only real Crypto assets available. Don’t invest unless you’re prepared to lose all the money you invest.

Read Next:

Weekly Finance Digest

By subscribing you agree with Finbold T&C’s & Privacy Policy

Related posts