Meme cryptocurrency Dogecoin (ឌីដូអ៊ី។) has sustained steady growth in 2023, capitalizing on the general market rally. With the ninth-ranked cryptocurrency by market capitalization leading the charge among meme coins, investors are keen on its future price trajectory, especially with the token aiming to reclaim the highs of 2021.
In this line, the machine learning algorithms at the crypto tracking platform ការព្យាករណ៍តម្លៃ 30-day forecast indicate that Dogecoin can potentially sustain gains in the coming weeks. The គម្រោងឧបករណ៍ that Dogecoin will trade at $0.095 by February 28, representing a price rally of about 4% from the value at the time of publishing.
In coming up with the price projection, the tool puts into consideration សូចនករបច្ចេកទេស, ដូចជា ក្រុមតន្ត្រី Bollinger (ប៊ីប៊ី) មធ្យមការផ្លាស់ប្តូរ (ម៉ាអេស), ការផ្លាស់ប្តូរការបង្រួមបង្រួមមធ្យម (MACD), សន្ទស្សន៍កម្លាំងទាក់ទង (RSI) និងផ្សេងៗទៀត។
ការវិភាគតម្លៃ DOGE
By press time, Dogecoin was trading at $0.091, recording daily losses of over 3%. However, the token is up over 7% on the weekly chart.
Despite Dogecoin’s registered losses on the daily chart, the token’s one-day technical analysis is exhibiting កើនឡើង sentiments. A summary of the gauges is for ‘buy’ sentiment at 15 while moving averages are going for a ‘strong buy’ gauging at 13. Elsewhere, oscillators are recommending ‘buy’ at 2.
Can Dogecoin sustain gains?
As things stand, Dogecoin has no decisive bullish trigger besides depending on the general crypto market price movement. However, the asset is lining up for possible price growth after the latest development around Twitter’s (NASDAQ: TWTR) association with រូបិយប័ណ្ណសម្ងាត់ alongside CEO Elon Musk.
Notably, previously, Dogecoin rallied significantly following Musk’s acquisition of Twitter, with the speculation of the token being integrated as a payment option on the social media platform.
Indeed, this dream is on the verge of being realized after reports emerged that Twitter is working on regulations to roll out payment plans involving cryptocurrencies.
At the same time, high net-worth investors are bullish about the future of Dogecoin by continuing accumulation. In particular, ទិន្នន័យ from on-chain analytics from សេនធូម indicates that there were 523 transactions on the Dogecoin blockchain above $100,000 at the end of January.
At the same time, the number of daily active addresses on the network surged to 86,400.
ការមិនទទួលខុសត្រូវ: ខ្លឹមសារនៅលើគេហទំព័រនេះមិនគួរត្រូវបានចាត់ទុកថាជាដំបូន្មានវិនិយោគទេ។ ការវិនិយោគគឺជាការប៉ាន់ស្មាន។ នៅពេលវិនិយោគ ដើមទុនរបស់អ្នកមានហានិភ័យ។
ប្រភព៖ https://finbold.com/machine-learning-algorithm-sets-dogecoin-price-for-february-28-2023/