Ethereum

2024

Dogecoin

Pyth Network

<div class="finbold">
 <p class="paragraph">Bitcoin (BTC) and Ethereum (ETH) are experiencing a bit of a hangover after the recent market rally. Both cryptocurrencies have dipped roughly 5%, injecting some turbulence back into the market.&nbsp;</p>
 <p class="paragraph">Despite this pullback, the overall sentiment remains cautiously optimistic. Investors are still eyeing potential gains, but with a newfound awareness of the crypto market’s characteristic volatility.</p>
 <p class="paragraph">Meme coin Dogecoin (DOGE) has capitalized on this momentum, breaching key resistance levels and chasing the coveted $1 mark.</p>
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 <h2 class="wp-block-heading" id="h-forecasting-doge-s-potential-trajectory">Forecasting DOGE’s potential trajectory</h2>
 <p class="paragraph">In an endeavor to forecast Dogecoin’s potential trajectory by the end of April, Finbold enlisted insights from artificial intelligence (AI)-driven predictive machine <a rel="noopener noreferrer nofollow" title="learning" href="https://thebittimes.com/tag/learning.html">learning</a> algorithms.</p>
 <p class="paragraph">The AI <a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a> presents a not-so-optimistic outlook for Dogecoin’s <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a>, anticipating a moderate decrease.&nbsp;</p>
 <p class="paragraph">Their prediction model suggests that the DOGE price could reach $0.161 by the conclusion of April, reflecting a potential decrease of -16.15% from its current price of $0.192.</p>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="490" src="https://cdn.thebittimes.com/images/2024/04/10/a5ee787943dd92d99d407705bb611c2f.webp" alt class="wp-image-167918" srcset="https://cdn.thebittimes.com/images/2024/04/10/a5ee787943dd92d99d407705bb611c2f.webp 1024w, https://cdn.thebittimes.com/images/2024/04/10/a5ee787943dd92d99d407705bb611c2f.webp 300w, https://cdn.thebittimes.com/images/2024/04/10/a5ee787943dd92d99d407705bb611c2f.webp 768w, https://cdn.thebittimes.com/images/2024/04/10/a5ee787943dd92d99d407705bb611c2f.webp 1536w, https://cdn.thebittimes.com/images/2024/04/10/a5ee787943dd92d99d407705bb611c2f.webp 1700w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Dogecoin 1-month price prediction. Source: <em>CoinCodex</em>
  </figcaption>
 </figure>
 <h2 class="wp-block-heading" id="h-dogecoin-price-analysis">Dogecoin price analysis</h2>
 <p class="paragraph">Dogecoin has encountered a hurdle in its upward climb. Previously trading above the crucial $0.20 support zone on April 7, <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> has since dipped below this level. This raises concerns about its ability to maintain momentum and reach the anticipated $0.30 mark.</p>
 <p class="paragraph">At the time of reporting, Dogecoin’s current price stands at $0.192. Despite experiencing a slight increase of 0.97% for the day, this uptick adds to a broader trend of growth, with a 3.83% increase over the past week.&nbsp;</p>
 <p class="paragraph">Notably, this upward momentum has persisted over the past month, with a significant increase of 11.17%.</p>
 <figure class="wp-block-image size-full"><img decoding="async" width="1000" height="506" src="https://cdn.thebittimes.com/images/2024/04/10/347fe83cf675698066bfcb0cc7c1a381.webp" alt class="wp-image-167919" srcset="https://cdn.thebittimes.com/images/2024/04/10/347fe83cf675698066bfcb0cc7c1a381.webp 1000w, https://cdn.thebittimes.com/images/2024/04/10/347fe83cf675698066bfcb0cc7c1a381.webp 300w, https://cdn.thebittimes.com/images/2024/04/10/347fe83cf675698066bfcb0cc7c1a381.webp 768w" sizes="(max-width: 1000px) 100vw, 1000px">
  <figcaption class="wp-element-caption">
   Dogecoin 7-days price chart. Source: <em>CoinMarketCap</em>
  </figcaption>
 </figure>
 <p class="paragraph">However, it’s important to remember Dogecoin’s impressive performance so far this year, with a surge of 129.27%.</p>
 <p class="paragraph">The <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> has already doubled, showcasing its potential for significant rallies.&nbsp;</p>
 <h2 class="wp-block-heading" id="h-insights-from-dogecoin-s-co-founder">Insights from Dogecoin’s co-founder</h2>
 <p class="paragraph">Billy Markus, co-founder of Dogecoin, shared on X (formerly Twitter) a screenshot of his investment portfolio, revealing declines across major assets, including the S&amp;P 500, BTC, ETH, and, DOGE.&nbsp;</p>
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   <blockquote class="twitter-tweet" data-width="500" data-dnt="true">
    <p lang="en" dir="ltr">wtf is this pic.twitter.com/jaeGaGcrEQ</p>— Shibetoshi Nakamoto (@BillyM2k) April 9, 2024
   </blockquote>
  </div>
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 <p class="paragraph">This tweet highlighted the heightened sensitivity of crypto enthusiasts to even minor market fluctuations.</p>
 <p class="paragraph"><strong><em>Disclaimer</em></strong><em>: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/machine-learning-algorithm-sets-dogecoin-price-for-april-30-2024-tbt85031.html">https://thebittimes.com/machine-learning-algorithm-sets-dogecoin-price-for-april-30-2024-tbt85031.html</a></p>

Machine learning algorithm sets Dogecoin price for April 30, 2024

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