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We will be taking into account the past prices and market opinions of the DOGE crypto, so that we can conjure up a Dogecoin price prediction for April 2020.

Dogecoin Overview

Dogecoin_logoDogecoin (DOGE) is one of the oldest cryptos, appearing on the market in 2013. The coin was inspired by the then-popular Doge meme.

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Dogecoin has a current trading price of $0.001857, with a decrease of 1.01% in the last 24 hours. The crypto is ranked at 33rd place according to a market cap of $230,042,973,
with a circulating supply of 123.861.343.884 DOGE.

$173,098,815 worth of DOGE coins were traded in the last 24 hour period, which is less than the $182,697,142 of last month. The lowest volume this month was recorded on March 7th, with $88.138.038 worth of DOGE being traded.

Dogecoin Price Prediction: Analysis

Dogecoin started March at $0,002233, and throughout the week, it managed to climb up to $0,0025 levels by March 7th. The next day, the coin saw a major drop to $0,002187.

Dogecoin (DOGE) Price News

On March 11, Dogecoin opened at $0.0022 and gradually dropped within two days to $0.0013. There were some signs of rebounds in the next few days, with the coin reaching $0,001738 on March 13th, but then the coin fell back down again to $0.0016 levels. Until March 18th, DOGE traded between $0.0014 and $0.0015, with occasional brushes with $0.0016 and $0.0017 resistance levels recorded during intraday movements.

On March 19th, the coin opened at $0,001844 and closed at $0,001773. The next day also showed promise, as DOGE touched a new resistance level of $0,001931, and closed at $0,001785.

In the 7-day charts, Dogecoin maintained strong support at $0.0015, having an overall bearish tendency, with the market pushing the coin towards $0.0017. Like most of the entire crypto market, Dogecoin is facing a negative momentum. March 23rd saw an opening price of $0,001727 and closed at $0,001805.

doge analysissource :https://www.thecoinrepublic.com/

Today, March 25th, DOGE is trading at $0.001855, with a decrease of 1.23% in the last 24 hours.

ADA News

The Dogecoin price charts show that the bearish momentum was there since the start of March. The importance of the coin downtrend for the altcoin can be spotted in the graphs as well.

The pivot, resistance, and support levels calculated by WalletInvestor are:

  •  Resistance Level (R3): 0.00197
  • Resistance Level (R2): 0.00189
  • Resistance Level (R1): 0.00185
  • Pivot Point: 0.00177
  • Support Level (S1): 0.00173
  • Support Level (S2): 0.00165
  • Support Level (S3): 0.00161

Developments

On March 31, 2020, it was announced that the IRC tipbot Doger, the official Dogecoin bot for donations, will be shut down. Users will no longer be able to make donations using this bot.

Other major developments or partnerships regarding Dogecoin and its project have not been published recently in the media.

Dogecoin Price Prediction: Market Opinion for April 2020

There have been several sites that have developed their own Dogecoin price prediction for April, and as usual, we included some of them to better reflect the market sentiment for DOGE.

Tradingbeasts

Tradingbeasts expects Dogecoin to reach $0.0023448 when April 2020 starts. The site forecasted that the maximum price would be around $0.0029204 and the minimum price of $0.0019859. The closing price for Doge is estimated at $0.0035013 for April, with a change of 29.43%.

Cryptoground

Cryptoground‘s Dogecoin price prediction expects the coin to change hands at $0.0025 at the start of April, which signifies a change of 24.55%. Doge was also forecasted to have a trading price of $0.0024 in the middle of April, which is an increase of 21.79%.

Coinpredictor

Coinpredictor expects DOGE to be trading in April at $0.002316, which means a loss of -3.8%.

Digitalcoinprice

Digitalcoinprice made a very optimistic Dogecoin price prediction for April 2020, forecasting that the crypto will have a price of $0.00349194, which signifies an increase of 88.61%.

Gov.capital

Gov.capital projected that Dogecoin will start April at a price of $0.00169, with an estimated maximum of $0.0019435 and a minimum of $0.0014365. The site also forecasted that on the last day of April, DOGE will have an average trading price of $0.00277, a maximum of $0.0031855, and a minimum of $0.0023545. The site also provided price predictions for the rest of the days in April.

Calendar date Regular Least possible price Best possible price
2020 April
2020 April 01, Wednesday  0.00169  0.0014365  0.0019435
2020 April 02, Thursday  0.00180  0.00153  0.00207
2020 April 03, Friday  0.002041  0.00173485  0.00234715
2020 April 04, Saturday  0.00224  0.001904  0.002576
2020 April 05, Sunday  0.00213  0.0018105  0.0024495
2020 April 06, Monday  0.00211  0.0017935  0.0024265
2020 April 07, Tuesday  0.002085  0.00177225  0.00239775
2020 April 08, Wednesday  0.002058  0.0017493  0.0023667
2020 April 09, Thursday  0.00199  0.0016915  0.0022885
2020 April 10, Friday  0.0020043  0.001703655  0.002304945
2020 April 11, Saturday  0.00215  0.0018275  0.0024725
2020 April 12, Sunday  0.00222  0.001887  0.002553
2020 April 13, Monday  0.00241  0.0020485  0.0027715
2020 April 14, Tuesday  0.00242  0.002057  0.002783
2020 April 15, Wednesday  0.00251  0.0021335  0.0028865
2020 April 16, Thursday  0.00256  0.002176  0.002944
2020 April 17, Friday  0.00259  0.0022015  0.0029785
2020 April 18, Saturday  0.00276  0.002346  0.003174
2020 April 19, Sunday  0.00297  0.0025245  0.0034155
2020 April 20, Monday  0.003045  0.00258825  0.00350175
2020 April 21, Tuesday  0.00289  0.0024565  0.0033235
2020 April 22, Wednesday  0.00290  0.002465  0.003335
2020 April 23, Thursday  0.00294  0.002499  0.003381
2020 April 24, Friday  0.00292  0.002482  0.003358
2020 April 25, Saturday  0.00282  0.002397  0.003243
2020 April 26, Sunday  0.00276  0.002346  0.003174
2020 April 27, Monday  0.00289  0.0024565  0.0033235
2020 April 28, Tuesday  0.00283  0.0024055  0.0032545
2020 April 29, Wednesday  0.00281  0.0023885  0.0032315
2020 April 30, Thursday  0.00277  0.0023545  0.0031855

Altcoinforecast

Altcoinforecast predicted that Doge would be trading at $0.001609 at the start of April, and the site also forecasted that the coin will close the month at $0.0012.

Bitverzo

Bitverzo expects that on April the 1st, Dogecoin would have an average price of $-0.000609, with a minimum of $-0.003622 and a maximum value of $0.002390. The last day of the month is projected to have an average of $-0.000018, with a possible minimum of $-0.002906, and a possible maximum of $0.003052. The website also provided a Dogecoin price prediction for the rest of the days of the month of April, as well as their respective minimum and maximum prices.

Date Average Low High
Wednesday, April 1, 2020 -0.000609 -0.003622 0.002390
Thursday, April 2, 2020 -0.000581 -0.003774 0.002581
Friday, April 3, 2020 -0.000550 -0.003683 0.002324
Saturday, April 4, 2020 -0.000528 -0.003436 0.002595
Sunday, April 5, 2020 -0.000516 -0.003433 0.002894
Monday, April 6, 2020 -0.000502 -0.003594 0.002900
Tuesday, April 7, 2020 -0.000498 -0.003740 0.002548
Wednesday, April 8, 2020 -0.000478 -0.003485 0.002466
Thursday, April 9, 2020 -0.000434 -0.003629 0.002511
Friday, April 10, 2020 -0.000388 -0.003477 0.002444
Saturday, April 11, 2020 -0.000354 -0.003571 0.002636
Sunday, April 12, 2020 -0.000331 -0.003440 0.002638
Monday, April 13, 2020 -0.000308 -0.003314 0.002731
Tuesday, April 14, 2020 -0.000297 -0.003480 0.002639
Wednesday, April 15, 2020 -0.000273 -0.003511 0.003043
Thursday, April 16, 2020 -0.000227 -0.003257 0.002665
Friday, April 17, 2020 -0.000181 -0.003280 0.002705
Saturday, April 18, 2020 -0.000149 -0.003202 0.002601
Sunday, April 19, 2020 -0.000131 -0.002955 0.002900
Monday, April 20, 2020 -0.000114 -0.003275 0.002762
Tuesday, April 21, 2020 -0.000112 -0.003233 0.002886
Wednesday, April 22, 2020 -0.000099 -0.003083 0.003189
Thursday, April 23, 2020 -0.000065 -0.003125 0.002906
Friday, April 24, 2020 -0.000033 -0.003099 0.003042
Saturday, April 25, 2020 -0.000016 -0.003093 0.003040
Sunday, April 26, 2020 -0.000014 -0.003010 0.003093
Monday, April 27, 2020 -0.000014 -0.003013 0.002977
Tuesday, April 28, 2020 -0.000030 -0.002991 0.002707
Wednesday, April 29, 2020 -0.000034 -0.003020 0.002792
Thursday, April 30, 2020 -0.000018 -0.002906 0.003052

Cryptorating

Cryptorating predicted that in one month, Dogecoin will be valued at $0.001467, which would mean a drop of -21.26%.

WalletInvestor

WalletInvetsor made a Dogecoin price prediction for the first three days of April, along with their maximum and minimum prices for each particular day.

2020-04-01  0.00157  0.00135  0.00180
2020-04-02  0.00153  0.00132  0.00177
2020-04-03  0.00148  0.00126  0.00172

Dogecoin Price Prediction: Verdict

This has been our Dogecoin price prediction for April 2020. The market opinions are very bearish at this point, with many forecasting that DOGE will lose from its value in the month to come.

Featured image: nulltx.com

 

source: https://coindoo.com/dogecoin-price-prediction-april/

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