$DOGE ### Dogecoin (DOGE) Price Prediction Overview

**Current Price:** $0.165752

**Short-Term Prediction:** $0.135961 (-13.22%)

**Market Sentiment:** Bullish

**Fear & Greed Index:** 74 (Greed)

**Volatility:** 6.18%

**Recent Performance:** 10/30 Green Days

The current analysis suggests a **bearish short-term trend** for Dogecoin, with a predicted decrease to $0.135961 by June 23, 2024. Despite this, the overall sentiment remains bullish, and the market is currently in a state of greed.

### Long-Term Price Predictions for Dogecoin (2025)

- **2025:** Range between $0.134695 - $0.650373

By 2025, Dogecoin could potentially see a **293.04% increase** if it reaches the higher end of the forecast.

### Technical Analysis Indicators

- **50-Day SMA:** $0.157429 (BUY)

- **14-Day RSI:** 51.82 (NEUTRAL)

### Oscillators and Moving Averages

- **SMA (3-day):** $0.16789 (SELL)

- **EMA (3-day):** $0.155104 (BUY)

- **RSI (14-day):** 51.82 (NEUTRAL)

Oscillators like the RSI indicate a neutral market position for Dogecoin, neither overbought nor oversold.

### Support and Resistance Levels

- **Support Level 1 (S1):** $0.152404

- **Resistance Level 1 (R1):** $0.168053

Dogecoin's pivot point analysis shows immediate support and resistance levels that could influence short-term movements.

### Correlation with Other Cryptocurrencies

Dogecoin has shown a positive correlation with major cryptocurrencies like Avalanche (AVAX) and Binance Coin (BNB), indicating similar market movements.

### Upcoming Price Predictions

- **May 31, 2024:** $0.155077 (-1.02%)

The forecast for the end of May 2024 suggests a slight decrease in Dogecoin's price.

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**Disclaimer:** This prediction is not financial advice but an analytical projection based on historical data and technical analysis. Always conduct your own research and consult with a financial advisor before making investment decisions. Cryptocurrency investments are subject to high market risk. Please trade cautiously.

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Source:CoinCodex.