Dogecoin Prediction: Fasten Your Seatbelts, Can Elon Musk Send DOGE Price To The Stratosphere?

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

The 2022 Dogecoin price prediction is $0.21.

For the next 24 hours, Dogecoin momentum is bullish. The uptrend of Dogecoin 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 techniques are very favorable.

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

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

Performance of Dogecoin in 2022

Dogecoin has been the most consistent crypto this year. Over the past 24 hours, Dogecoin has seen some price surge. The reason for this surge in the price of Dogecoin is once again Elon Musk. Tesla CEO Elon Musk, who recently contributed about 10% of Twitter shares, is now poised 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 been one of the biggest promoters of Dogecoin and most of the time, his single tweet led to a spike in the price of Dogecoin. It should be noted that Elon Musk’s Tesla company allows customers to purchase Tesla products using Dogecoins. Now, after news of Elon Musk’s acquisition of Twitter, the price of Dogecoin has skyrocketed 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 has been trading lower since January 2022 and most 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.

During the first week of January, Dogecoin was trading 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 drop in Dogecoin price is minimal compared to the rest of the cryptos.

Read also Polkadot, XRP, Zcash, Dogecoin Price Analysis – The Altcoin market reacted (very well) to the rise of Bitcoin in the past few hours!

YTD Chart of Dogecoin

The chart of the last 24 hours of Dogecoin is very impressive. Dogecoin was trading below $0.15 before the news of the acquisition of Twitter by Elon Musk does not break out. Once the news broke, the trading volume of Dogecoin increased massively. The increase in Dogecoin trading volume led to a spike in Dogecoin price and Dogecoin soon broke through the $0.15 mark. If the momentum continues, Dogecoin could break above $0.20 in the next 24 hours.

24 hour chart of Dogecoin

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

Period of time 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 Tendency
Piece of money Price Superior
Techniques To buy
Market Cap Rank Superior
Trading Volume Superior
Google Search Trends Superior
Feelings on social media Superior
Buzz on social media Superior

Dogecoin Prediction: Techniques

Dogecoin Price Prediction: Google Trends

Over the past 24 hours, the search volume for Dogecoin has increased. Currently, the search trend for Dogecoin is the following higher compared to the previous 24 hours.

Dogecoin Price Prediction: Latest Market Cap and Volume Data

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

Dogecoin Price Prediction: How Many Dogecoin Holders Are In Profit?

Holders earning money at the current price: IntoTheBlock

Holders earn money at the current price

Date % Holders make profit % of holders losing money
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 & Tweets

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

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

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

Live #crypto analysis for $DOGE and 100 others #altcoins and #cryptocoins

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

🔥#DOGE’s 3d chart showing MAJOR STRENGTH towards the target at $0.5811 and is technically, NOT done! According to technicals, $DOGE is positioned to climb over +240% more on a run to meet this target and we may be witnessing a piece of this process. #Dogecoin can 3x! https://t.co/M8aL9H1yBe https://t.co/rT2EcVAprD

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

FRNj9yeXIAENVrZ

Dogecoin Price Prediction: Social Media Sentiment

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

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