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Dogecoin Prediction: Fasten Your Seatbelts, Could Elon Musk Send DOGE Price Into The Stratosphere?

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I am Ben Stock, a highly experienced news writer with several years of experience in the industry. I currently work for The News Dept as an author, where I specialize in market-related stories. My passion and expertise lies in providing readers with accurate and up-to-date information on the latest financial developments from around the world. I have been recognized for my clear writing style and ability to explain complex topics in simple terms that even those new to financial markets can understand. My research skills are unparalleled when it comes to uncovering data points and trends concerning stocks, bonds, currencies and other assets that could affect global markets.

Indicators for the next 24 hours is positive (Positive: 86% Negative: 14%)

Dogecoin price prediction in 2022 is $0.21.

For the next 24 hours, Dogecoin momentum is bullish. Dogecoin’s uptrend is supported by high trading volume. Google search volume for Dogecoin is higher in the last 24 hours. The social media buzz is positive and the strategies are very favorable.

The only negative for Dogecoin currently is the net sentiment which has been negative for the past few hours.

The latest Dogecoin price is 0.145, or 5.12%.higher than 24 hours ago.

Dogecoin performance in 2022

Dogecoin has been the most consistent crypto this year. Over the past 24 hours, Dogecoin has seen several price increases. The reason for this surge in Dogecoin price is Elon Musk again. Tesla CEO Elon Musk, who recently contributed about 10% of Twitter shares, is now ready to own all of Twitter. According to the latest news, Twitter’s board of directors has accepted a $44 billion offer from Elon Musk to buy Twitter.

Musk has become one of Dogecoin’s biggest advocates and often, his single tweet has led to an increase in Dogecoin’s price. It should be noted that Elon Musk’s Tesla company allows customers to purchase Tesla products using Dogecoins. Today, after the news of Elon Musk’s acquisition of Twitter, the price of Dogecoin rose again.

Dogecoin has risen almost 20% in the past few hours and the price of Dogecoin has risen above $0.15. Now let’s see how Dogecoin fared in 2022:

As we know, the cryptocurrency market is trading lower since January 2022 and most of the cryptocurrencies are trading negatively. Dogecoin on the other hand has been one of the best performing cryptos since January 2022. However, the YTD chart for Dogecoin is mostly red.

In the first week of January, Dogecoin traded slightly above $0.17 and within a few days it jumped to $0.19. However, since then the price of Dogecoin has retreated. Dogecoin is trading below the value it had in the first week of January, but the decline in Dogecoin’s price is minimal compared to other cryptos.

Also read Dogecoin as a payment method on Twitter? Should you buy DOGE now?

Dogecoin YTD Chart

Dogecoin’s last 24 hours chart is very impressive. Dogecoin was trading below $0.15 before the news of Elon Musk’s Twitter takeover isn’t happening. As soon as the news broke, Dogecoin trading volume skyrocketed. The increase in Dogecoin trading volume led to a spike in Dogecoin price and soon Dogecoin surpassed the $0.15 mark. If the momentum continues, Dogecoin could go above $0.20 in the next 24 hours.

Dogecoin 24 hour chart

The last 24 hours Dogecoin chart is very impressive. Dogecoin is trading below $0.15 ahead of Elon Musk’s Twitter acquisition announcement. Once the news started floating around, the trading volume of Dogecoin increased significantly. The increase in Dogecoin trading volume caused the price of Dogecoin to rise and soon Dogecoin fell above $0.15. SIf the momentum continues, Dogecoin could rise above $0.20 in the next 24 hourss.

weather shiba inus BTC Ethereum Dogecoin
last 5 days +0.1% +0.6% +0.8% +13.3%
YTD -29.1% -15.1% -20.3% -10.9%

The average 2022 Dogecoin price prediction is $0.23.

Dogecoin Price Prediction: Today’s Outlook

Indicator Tendencies
Piece of money Price Superior
Procedures Buy
Market Cap Rank Superior
trading Quantity Superior
Google Search Trends Superior
Feelings on social media Superior
Buzz on social media Superior

Dogecoin Prediction: Strategies

Dogecoin Price Prediction: Google Trends

In the last 24 hours, the search volume for Dogecoin has increased. Currently, the search trend for Dogecoin are as follows higher compared to the previous 24 hours.

Dogecoin Price Prediction: Latest Market Cap and Volume Data

Value Tendencies
Market Cap Rank 10th Superior
Current market capitalization $20.3B Superior
Volume traded in terms of dollar value $5527M Above

Dogecoin Price Prediction: How Many Dogecoin Holders Are Profitable?

Holders making money at current prices: IntoTheBlock

Holders make money at the current price

Date % Holders profit % of holders making losses
April 26 66% 26%
April 15 58% 37%
April 1st 57% 40%
March 29 62% 35%
March 23 56% 42%

Composition of holders by holding period

More than a year 54%
1-12 months 42%
Less than a month 5%

Dogecoin Price Prediction: Latest Dogecoin News and Tweets

Originally tweeted by Altcoin Fear and Greed Index (@AltcoinFGI) in April 26, 2022.

#DOGEThe fear and greed rating of the coin is currently 53 – NEUTRAL

24-hour technical analysis index: 100 – OVERBUY
Current #DOGE the price is 0.15274114702733133 usd
The 24h trading volume is 5,428,108,044 usd

Be alive #crypto review for $DOGE and 100 others #altcoins And #cryptomoney

FRPRVj3WQAES3f1

Originally posted on Twitter by JAVON⚡️MARKS (@javonnnm) in April 25, 2022.

🔥#DOGE#DOGE’s 3d chart shows MAJOR FORCE towards the $0.5811 target and technically it is NOT over! According to strategies, $DOGE is positioned to climb more than +240% higher in a race to reach that target and we may be witnessing some of that process. #DOGEthe coin can be 3x!

FRNj9yeXIAENVrZ

Dogecoin Price Prediction: Social Media Sentiment

last 7 days Last 24 hours Trends
Net Feelings ($Doge) +7.3% +5.1% Below

Source: The Blog
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