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 <p>Similar to Shiba Inu’s pursuit of reaching the $0.01 mark, <a rel="noopener noreferrer nofollow" title="Dogecoin" href="https://thebittimes.com/tag/dogecoin.html">Dogecoin</a> has been striving to attain the $1 threshold. However, these ambitions have frequently encountered obstacles. Yet, it appears that the OG meme coin is entering a more bullish phase. <a rel="noopener noreferrer nofollow" title="Dogecoin" href="https://thebittimes.com/tag/dogecoin.html">Dogecoin</a>’s current performance shows positive aspects, outperforming Bitcoin [BTC], Cardano [ADA], and Ethereum [ETH] in selected metrics. Data from IntoTheBlock reveals a notable 10.32% surge in daily active addresses for <a rel="noopener noreferrer nofollow" title="Dogecoin" href="https://thebittimes.com/tag/dogecoin.html">Dogecoin</a>.</p>
 <p>However, can this momentum alone drive Dogecoin to reach $1? Not quite. According to machine learning algorithms, it is expected that the meme coin will deviate from its bullish trend and experience a major decline as October comes to a close.</p>
 <p><strong>Also Read: Why Dogecoin, Shiba Inu &amp; Pepe Are Crashing in 2023? Explained</strong></p>
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 <h4 class="wp-block-heading" id="h-dogecoin-october-s-bearish-blues-squash-doge-s-1-dream">Dogecoin: October’s bearish blues squash DOGE’s $1 dream</h4>
 <p>According to Changelly’s price prediction, <a rel="noopener noreferrer nofollow" title="Dogecoin" href="https://thebittimes.com/tag/dogecoin.html">Dogecoin</a> is expected to end October on a predominantly bearish trajectory. Currently, DOGE is being traded at $0.058266, marking a daily decline of 1.6%. Additionally, it’s worth mentioning that over the past month, the meme coin has witnessed a notable decrease of 6.5%.</p>
 <p>Dogecoin is projected to reach a lower level of $0.054196 on Oct. 30, which reflects a dip of 7.53% from its current price. Furthermore, on Oct. 31, DOGE is expected to decline by 9.32% to $0.053143. It is anticipated that the asset will remain within the $0.05 range and will not be able to reach $0.06.</p>
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 <figure class="wp-block-image size-full"><img decoding="async" width="758" height="634" src="https://cdn.thebittimes.com/images/2023/10/20/813d4b81b21a56e2c067e4f316853ee1.webp" alt class="wp-image-116452" srcset="https://cdn.thebittimes.com/images/2023/10/20/813d4b81b21a56e2c067e4f316853ee1.webp 758w, https://cdn.thebittimes.com/images/2023/10/20/813d4b81b21a56e2c067e4f316853ee1.webp 300w, https://cdn.thebittimes.com/images/2023/10/20/813d4b81b21a56e2c067e4f316853ee1.webp 380w, https://cdn.thebittimes.com/images/2023/10/20/813d4b81b21a56e2c067e4f316853ee1.webp 550w" sizes="(max-width: 758px) 100vw, 758px">
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 <p>However, <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> analyst Ali Martinez has provided a dose of optimism for the <a rel="noopener noreferrer nofollow" title="Dogecoin" href="https://thebittimes.com/tag/dogecoin.html">Dogecoin</a> community through his recent price prediction, which indicates favorable signals on the meme coin’s price chart.</p>
 <p>Notably, Martinez has pointed out that <a rel="noopener noreferrer nofollow" title="Dogecoin" href="https://thebittimes.com/tag/dogecoin.html">Dogecoin</a> is currently “approaching the apex” of a “multi-year descending triangle formation.” Consequently, if the meme coin manages to achieve a weekly close above the $0.0835 threshold, it could potentially “initiate the start of a new DOGE bull run, possibly reaching $1,” as highlighted by the <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> expert.</p>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="716" src="https://cdn.thebittimes.com/images/2023/10/20/b2e3d01d7dd396c008da925032761e01.webp" alt class="wp-image-116453" srcset="https://cdn.thebittimes.com/images/2023/10/20/b2e3d01d7dd396c008da925032761e01.webp 1024w, https://cdn.thebittimes.com/images/2023/10/20/b2e3d01d7dd396c008da925032761e01.webp 300w, https://cdn.thebittimes.com/images/2023/10/20/b2e3d01d7dd396c008da925032761e01.webp 768w, https://cdn.thebittimes.com/images/2023/10/20/b2e3d01d7dd396c008da925032761e01.webp 1536w, https://cdn.thebittimes.com/images/2023/10/20/b2e3d01d7dd396c008da925032761e01.webp 380w, https://cdn.thebittimes.com/images/2023/10/20/b2e3d01d7dd396c008da925032761e01.webp 550w, https://cdn.thebittimes.com/images/2023/10/20/b2e3d01d7dd396c008da925032761e01.webp 800w, https://cdn.thebittimes.com/images/2023/10/20/b2e3d01d7dd396c008da925032761e01.webp 1160w, https://cdn.thebittimes.com/images/2023/10/20/b2e3d01d7dd396c008da925032761e01.webp 1920w" sizes="(max-width: 1024px) 100vw, 1024px">
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 <p><strong>Also Read: Dogecoin: 59% of DOGE Holders Are in Loss</strong></p>
 <p>Furthermore, on the flip side, Martinez advises the community to closely monitor the support level at $0.0482, as falling below this point could open the door to a new yearly low.</p>
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<div class="cs-entry__tags">
 <ul>
  <li>crypto</li>
  <li>cryptocurrency</li>
  <li>Dogecoin</li>
 </ul>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/dogecoin-doge-price-prediction-october-end-2023-tbt67050.html">https://thebittimes.com/dogecoin-doge-price-prediction-october-end-2023-tbt67050.html</a></p>

Dogecoin [DOGE] Price Prediction: October End 2023

TheBitTimes

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