Dogecoin has been pretty quiet this week, and the weekend looks to be more of the same. A machine learning model suggests things will stay relatively calm.
Muted Movement Expected
The short-term forecast (five days) predicts only a small dip in Dogecoin’s price. We’re talking less than 2% – it should stay above $0.26. This suggests Dogecoin might be consolidating before a potential move.
Looking Ahead: A Possible Climb?
However, this calm won’t last forever. The model forecasts a price increase over the next month, potentially reaching $0.34 before slowing down. That would be a nice jump of over 15%!
Long-Term Outlook: Holding Steady and Beyond
The longer-term prediction is more optimistic. Once Dogecoin breaks back above $0.30, the model thinks it will stay there. The last quarter of the year is usually good for crypto, so this is a positive sign. Reaching new all-time highs, though, might take a while – the model suggests that could be 4-5 years away, potentially pushing past $0.73 by 2030. Hitting $1 could happen sometime in the next decade.