As meme cryptocurrency Dogecoin (DOGE) continues to trade in tandem with the broader market, two artificial intelligence (AI) models are projecting that the token is likely to make modest moves on July 1.
Their forecasts suggest a price range between $0.158 and $0.185, depending on how the broader market develops.
As of press time, DOGE was trading at $0.16, gaining about 0.6% in the past 24 hours. However, the meme coin remains down nearly 1% on the weekly timeline.
Overall, sentiment around the asset is bearish, as confirmed by technical indicators. Dogecoin is trading below its 50-day simple moving average (SMA) of $0.202 and its 200-day SMA of $0.187, signaling continued downside pressure.
Additionally, the 14-day relative strength index (RSI) stands at 40.54, pointing to neutral-to-bearish momentum with room to decline further before reaching oversold conditions.
ChatGPT predicts DOGE price
Regarding the price outlook, OpenAI’s ChatGPT presented three potential scenarios for Dogecoin on July 1, shaped mainly by Bitcoin’s trajectory, market sentiment, and trading volume.
In a bullish scenario, if Bitcoin (BTC) breaks through key resistance levels and Dogecoin garners renewed attention on platforms like X, the coin could rise to between $0.175 and $0.185. ChatGPT highlighted DOGE’s sensitivity to influencer buzz and meme-driven hype, noting that a surge in volume could spark a 5–10% rally.
In a neutral scenario, Dogecoin is expected to trade within a tighter band of $0.165 to $0.170, assuming Bitcoin remains stable and no major DOGE-related news emerges. In such a case, the token could drift slightly upward in line with recent consolidation trends.
On the bearish end, DOGE could fall between $0.158 and $0.162 if Bitcoin pulls back or if DOGE loses technical support around $0.163. Weak sentiment, low trading volume, or regulatory concerns could accelerate a drop below the $0.16 level.
Grok predicts DOGE price
Meanwhile, Grok, xAI’s predictive model, issued a single forecast projecting Dogecoin to reach $0.17 by July 1. Based on its current price of $0.16 and DOGE’s historically volatile nature, Grok assumes modest upward momentum driven by community enthusiasm or a general market rebound.
However, it also noted the absence of strong fundamental drivers and cautioned that DOGE could oscillate between $0.15 and $0.19, depending on external factors such as social media trends or Bitcoin’s movement.
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