Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»BITCOIN NEWS»Machine learning algorithm predicts Dogecoin price in January 2024.
BITCOIN NEWS

Machine learning algorithm predicts Dogecoin price in January 2024.

By Crypto FlexsJanuary 2, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Machine learning algorithm predicts Dogecoin price in January 2024.
Share
Facebook Twitter LinkedIn Pinterest Email

The future prices of meme coins like Dogecoin have always captured the attention of cryptocurrency users, and they are also widely popular, especially among non-investors. There have been several predictions about where the DOGE price will be in 2024. And one of these predictions was provided by CoinCodex’s machine learning algorithm.

Dogecoin outlook for January is bearish

CoinCodex’s machine learning algorithm predicted where the Dogecoin price would be in January of this year, and it was far from negative. Contrary to calls for a rally for meme coins, the algorithm predicts the price will fall rather than rise, especially as the DOGE-1 space mission gets closer.

According to the machine learning algorithm’s one-month prediction, Dogecoin’s price is $0.081. Now, considering the fact that the price of DOGE is currently sitting at $0.0923 at the time of this writing, this means that the algorithm expects the altcoin price to fall about 13% from here.

Interestingly, Dogecoin’s near-term outlook is much more favorable. The algorithm predicts that the DOGE price will rise slightly over the next 5 days. The expected price is $0.0944, which is expected to be a 1.16% increase from the current price.

Additionally, the Fear & Greed Index shows a high greed level of 71 for Dogecoin, which is a good number for a bullish rally. However, this did not significantly affect the algorithm’s predictions. However, the position is that it is still a good time to buy DOGE.

DOGE price at $0.0911 | Source: DOGEUSD on Tradingview.com

DOGE Enters Quarter of Uncertainty

Even though prices across the cryptocurrency market are rising, Dogecoin price is entering a quarter that is usually shrouded in uncertainty. Every year in the first quarter, the performance of meme coins alternates, always succeeding or failing.

Over the past 10 years, there have been an equal number of quarters that ended in profit and five quarters that ended in loss. However, if you take the average of all returns, you end up in the green, which can ultimately be a good thing for the price.

Dogecoin

Source: CoinCodex

Nonetheless, the first quarter remains Dogecoin’s second-best performing quarter, with an average gain of 106.04%, closely followed by the second quarter at 109.80%, according to data from CoinCodex.

DOGE price is trending at $0.092 at the time of writing, which is 87% below its all-time high of $0.738.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

France can break the EU password market with ‘atomic weapons’.

September 15, 2025

Expect what XRP ETF is approved by the SEC

September 9, 2025

Cardano founder says Chainlink quotes ‘ridiculous price’ to them.

September 3, 2025
Add A Comment

Comments are closed.

Recent Posts

The fullback of $ 16 of the chain link (link) can set a parabolic price rally.

September 18, 2025

Animation Powerhouse Maggie Kang To Join Programming Lineup

September 18, 2025

MEXC Joins Forces With Lombard Finance (BARD) To Launch $1 Million Prize Pool Extravaganza

September 18, 2025

What is the next after the Fed’s 25bps is cut? Everything you need to know

September 18, 2025

The XRP market value surpasses Shopify, Verizon, and Citigroup. Whales sell 40m coins.

September 18, 2025

Green Hood Contracts Thanksgiving Summary -Ackee Blockchain

September 17, 2025

BetFury Is At SBC Summit Lisbon 2025: Affiliate Growth In Focus

September 17, 2025

FED Mining’s Cloud Mining Platform Is Helping Users Earn $8,800 Per Day, And XRP’s Growth Is Driving Market Enthusiasm.

September 17, 2025

Stablecoin Holdings Drop As Investors Pivot To SOL, XRP, And Altcoins

September 17, 2025

Flipster Partners With WLFI To Advance Global Stablecoin Adoption Through USD1 Integration

September 17, 2025

Zircuit Launches $495K Grants Program To Accelerate Web3 Super Apps

September 16, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

The fullback of $ 16 of the chain link (link) can set a parabolic price rally.

September 18, 2025

Animation Powerhouse Maggie Kang To Join Programming Lineup

September 18, 2025

MEXC Joins Forces With Lombard Finance (BARD) To Launch $1 Million Prize Pool Extravaganza

September 18, 2025
Most Popular

Bitfinex Releases Mobile App Update Version 6.21.0 Including Major Improvements

July 7, 2024

Chainlink Labs’ new tokenization initiative opens doors to global financial markets

May 24, 2024

Piranha Pays Slot proves that every pet grows!

April 15, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.