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Dogecoin Price Prediction For April: Will It Go Past $0.003?

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Many of our cryptonews readers have been looking for analyses on popular altcoins and today, we are reviewing the Dogecoin price prediction for April. In times when DOGE is trading above $0.001, it is important to see what the technicals look like so that we can conjure a solid all-around prediction.

For those of you who don’t know, Dogecoin (DOGE) is one of the oldest cryptocurrencies. It is also a coin that started off as a meme but soon got the likes and backing of many celebrities. The Tesla and SpaceX CEO, Elon Musk, recently tweeted about Dogecoin in a number of occasions and just like the fans of DOGE, was inspired by the then-popular Doge meme.

The current Dogecoin price prediction shows that the price is stable at $0.001857 with a decrease of around 1% in the past 24 hours. The cryptocurrency is ranked at 33rd place in the market cap standings and has a market cap of $230,042,973, with a circulating supply of 123.861.343.884 DOGE.

This means that plenty of DOGE has been traded in the past 24 hours, which is again less than the $182,697,142 from last month. The lowest volume in traded DOGE coins was recorded on March 7 with only $88 million worth of the cryptocurrency being traded on the markets.

The Dogecoin price prediction now shows that the coin has a solid momentum and just like Bitcoin (BTC), is leading a herd of altcoins around it. The good news is that there is a big community behind Dogecoin (DOGE) – something that started off as a group of people supporting this coin and continued with more and more members joining in and investing in DOGE.

On March 11, DOGE opened at $0.0022 which is why this is the main level that is watched out for in the current Dogecoin price prediction. However, the Dogecoin news update afterwards showed that the price of the altcoin fell to $0.0014 shortly after that and now we can see how it managed to retrace to $0.0018.

For now, the $0.0020 level is crucial and the one to watch out for. Once DOGE clears that point, the hopes are oriented towards the $0.003 level and matching the yearly high of this year.

DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at editor@dcforecasts.com

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Dogecoin Records 8% Progression Over The Past 24 Hours

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The crypto market remains bullish over the past 24 hours and Dogecoin records an 8 percent progression in the meantime. The major cryptocurrencies such as Litecoin, Ripple, and bitcoin were reflecting the steady upside momentum during the same time. DOGE usually follows Bitcoin which is why it increased slightly. The influence of the momentum could be seen during the opening period of the day and the DOGE/USD price reflected the slight plunge after the great opening but it started improving again. The bullish trend will likely take the price above the monthly high of $0.0022 meaning that Dogecoin records price gains during the steady upside movement with moderate volatility. The currency was trading at $0.0017 price point but then spotted an upward momentum, breaching the $0.0020 price point. The DOGE price was trading at $0.001830 but the price escalated to $0.00192 by 4.99% within the first hour and kept hovering on, hovering to $0.00198 in the next four hours and it even remained intact until 09:00 UTC. With the slight plunge to $0.00184, the DOGE price regained momentum to the $0.00199 price level.  The currency noted a steel fall and took the price to $0.00184 again but then recovered, managing to cross the $0.0020 mark. The momentum remained intact and the DOGE price touched the $0.00205 at 20:05 UTC. After reaching the $0.00204 for a few hours, the day ended at $0.00198 making an 8 percent profit. Dogecoin started trading upwards today and the price counters the move from $0.00198 to $0.00208 which is a 5% increase. The coin dribbled in the following hours with a moderate fall. After that, it continued to trade at a similar level while the chances for the coin to breach the next resistance level at $0.0022 are high but the failing below the point could lead to a $0.00189 support. Dogecoin witnessed a major rise and its market cap went from $226 million on March 30 to $238 million now. Dogecoin (DOGE) is another coin that easily beats Ripple (XRP) since it has 50,000 active addresses. Even Digibyte (DGB) which is not a major cryptocurrency by any definition, managed to beat out Ripple (XRP) since it has over 6,000 active addresses now. The MACD of Dogecoin appears bearish due to the intraday pullback and the signal line crosses above the MACD line. The RSI of this coin is at 48.27 and has no trading extremities right now.
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Dogecoin Witnessed One Of Its Best Weeks, Next Stop At $0.00193

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Dogecoin witnessed one of the best bullish weeks in its lifetime, and the coin managed to add 12.44% to its price in only seven days. Despite the overall bullish impact, the DOGE/USD pair may now face rejection at the $0.0019 mark. However, the good thing is that the altcoin news and rumors are now showing that DOGE has a solid momentum. Dogecoin witnessed a rise and yielded the best out of the week. Over the last seven days, the coin has been jacked up by 12.44% and its value has moved from $0.0017 to $0.0019 in this period. As such, it may continue to grow in the coming days as well. On March 30, the DOGE price was at $0.001704. Over the next 22 hours and 35 minutes of the same day, it managed to add 11.73% and touched $0.001904. After breaching this level, it faced downside correction to the tune of 9.32%, which took the DOGE price to $0.001728 by April 1st. However, the Dogecoin news showed that the price did not stay there for long, and immediately started a recovery. By April 2, DOGE/USD could boom its value by 15.18% and touched the highest point of the week at $0.001988. The last variation happened between April 2 and April 5, when the price of DOGE and its value moved through a gentle slope and the swing cost the coin 9%. Dogecoin witnessed a major rise and its market cap went from $226 million on March 30 to $238 million now. The current price of DOGe is $0.001925 with a 2.87% increase on the day. Currently, the levels to watch out for are the $0.00193 and then $0.00195, after which we may also be in for a surge over $0.002. The MACD indicator reflects a bullish crossover. However, as per the weekly trading pattern, DOGE may not witness any unprecedented swings in the few days. The next resistance may come at $0.00193 which is a crucial level to watch out for right now. In today's cryptonews and price movements, we can see that we are at the start of a very fruitful week if the momentum maintains. As the true leader, Bitcoin (BTC) managed to add 5% to its price to reach $7,095, while ETH is at $153 with a 7% increase. Ripple's XRP token is at $0.1876 adding 4% to its price, while the best performer in the top 20 was Stellar (XLM) with a rise of 12.49% to reach $0.04.
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DOGE Price Charts Show Continuous Downfall Towards $0.0018

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The DOGE price charts show continuous downfall trend towards the $0.0018, meaning it could expect a loss of more than -1.63% as we are reading further in the Dogecoin price news. However, the support level at $0.0015 is yet to be broken for the cryptocurrency on the current market conditions. The current price is standing at a level of $0.0018 with the market capitalization of $228,486,942 and the volume traded of $156,545,377 with a circulating supply of 123,654,460,995 DOGE. However, the Doge price charts show that the DOGE/BTC pair is performing well on the market with an overall gain of 1.36% which can be a positive aspect from which the coin could start building momentum on the market. The DOGE price charts reflect on the bearish momentum that faced by the coin from the start of March. The importance of the downtrend for the cryptocurrency can be noticed on the graphs. DOGE is facing another price consolidation between the price range of $0.0015 and $0.0020 while the current downtrend is unable to break the price level as the coin got a major support level of $0.0016 and $0.0015. The technical indicators favor the bulls. The MACD levels are showing negative nature after the recent drop to the bullish zone and they are now maintaining sustainability in the region. This could result negatively for the movement of the altcoin. The 24-hour RSI is showing positive signs and will likely reach a bullish level of 70 which also favors the bulls. The 24-hour CCi showed a negative divergence in the normal region and avoided the drop to the oversold region. it is also showing positive nature that can provide bullish momentum for the coin. No one knows if the Dogecoin price is going to rise past its resistance. However, the entire market is in a dull territory this week without much traction. On March 24, we saw how the DOGE price escalated by more than 17% from its weekly low, touching $0.001964 which is when the bulls started preparing for a move to $0.002. Dogecoin added a lot of gains later but did not manage to touch this point, beginning to trade with a downside momentum afterward.
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Dogecoin Maintains Bullish Momentum: DOGE Is Trading At $0.0018

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The DOGE cryptocurrency is often in our altcoin news and rumors, mostly because of the praises from the tech entrepreneur Elon Musk, for whom this is one of the most interesting topics. At the time of writing this post, Dogecoin maintains a bullish momentum and was seen deviating from a subtle uptrend drawn at $0.00180. The price of Dogecoin (DOGE) remains around the same price zone after retracting below the $0.0018 support over the past weekend. The current momentum has helped the currency retain support from the 50-day daily MA, while it lacks support from the 200-day MA. As Dogecoin maintains the bullish momentum, the price of DOGE is believed to have a concurrent motion with Bitcoin. Therefore, when the most dominant coin in the crypto world experienced an intermittent dip around $5,800, the major altcoins were blown, too. However, the price of Dogecoin has readily gained above $0.0018 with a bullish streak on the first day of the week, showing an independent sentiment. The Dogecoin news also indicate that the DOGE/USD pair is trending, even though the coin fell back to the previous week's price zone after retracing its weekly support below $0.0017 and $0.00167. The coin has made a notable recovery but the intraday is manifesting a bearish divergence as the coin has corrected below the intraday high of $0.00186 and currently trades at $0.001804. While the price of Dogecoin maintais momentum despite sliding below the intraday high, it has failed to retain support from the 200-day daily MA as the trend slid below the 61.80% Fib Retracement level. As per the current economic glitch, the major investment avenues including crypto are likely to face extreme selling pressure until the global economy takes a stable stance. So, on the downside, the weekly support for DOGE is around $0.00165 as the major one to look out for. The major resistance point, on the other hand, lies at $0.00185 and $0.00188. The MACD of Dogecoin appears bearish due to the intraday pullback and the signal line crosses above the MACD line. The RSI of this coin is at 48.27 and has no trading extremities right now. No one knows if DOGE is going to rise past its resistance. However, the entire market is in a dull territory this week without much traction.
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