2023-11-17 08:22:14

Dogecoin (DOGE) Price Prediction: November 2023 to Year-End

Memecoins took a back seat in 2023. The original memecoin Dogecoin (DOGE) is only up about 8.5% since January, while Shiba Inu (SHIB) is up about 8.4%. On the other hand, Bitcoin (BTC) surged over 100%, while Solana (SOL) surged over 400% in the same time frame. Still, analysts expect meme coins to accelerate as they enter the final stretch of the year.

Despite underperforming for much of the year, DOGE has rebounded recently. The popular memecoin surged 5% on the daily chart, moving up 0.5% from the previous week.

According to PricePridictions’ machine learning tool, DOGE is likely to continue trading at around $0.076 for the remainder of November. However, the platform expects the dog-themed cryptocurrency to drop to around $0.073 by mid-December.

Dogecoin (DOGE) may drop to around $0.0671 by November 30, 2023, according to price predictions from CoinCodex analysts. The price decline represents a decline of approximately 11.8% from current price levels.

DOGE currently faces resistance around $0.078. If the coin is able to break above its immediate resistance, a test of the $0.0850 price level is likely. Reaching a price of $0.0850 would represent a growth of approximately 11.4% from previous levels.

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