đ„đ„Dogecoin Weekend Price Prediction as Bitcoin Halving Approaches
#Dogecoin is one of the most sought-after cryptocurrencies on the market. The token is trading at $0.14 at the time of writing, predicting a stable price pace. The token is currently experiencing pre-halving tensions, as the overall momentum of the crypto market has slowed down in anticipation of the Bitcoin halving event scheduled for April 20, 2024.
Dogecoin Price Forecast for the Weekend
Despite the downward trend in the market, Dogecoin is performing well compared to its competitors. The candlestick chart of the token shows a bullish flag pattern and signals its enduring potential to hold the floor steady amid market volatility.
The Dogecoin community has already started to reflect the feeling of "buying the latest doge drop", ensuring that the token will create a positive price rise in the near future.
Despite the increasing pressure on the market, Dogecoin can achieve reasonable highs after the Bitcoin Halving event.
However, according to COINCODEX, Dogecoin may experience a gradual price drop before shifting gears. October April 2024, the platform predicts that Doge will trade at $ 0.14 with an additional 1% loss.
"The Dogecoin price forecast for the next 30 days is a forecast based on positive and negative trends over the past 30 days. According to these Dogecoin estimates, #DOGE will change hands on April 24, 2024 at $0.146764 with a loss of -1.15%."
However, another crypto analysis platform Coinpedia predicts that Dogecoin will end at a new ATH price at the end of April. According to the platform, Doge is expected to gradually reach its peak and increase to a new ATH of $0.25 by the end of April 2024.
âWith an increase of 14% last week and 4.36% in the first half of this week, the Doge price offers an exit opportunity. Taking into account the upward trend that continues above the 23.60% Fib level this week, a bull run from $0.25 to the 38.20% level seems possible.â
