empty
 
 
You are about to leave
www.instaforex.eu >
a website operated by
INSTANT TRADING EU LTD
Open Account

22.04.202103:57 Forex Analysis & Reviews: Dogecoin may be worth $1 by the end of this year

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Exchange Rates 22.04.2021 analysis

Many crypto enthusiasts are confident that by the end of the year, DOGE will grow to $1. On the contrary, other experts say that it will take 3-5 years. Dogecoin is a very volatile and unstable asset and can go out and lose investor interest in an upward trend of bearishness. If you decide to add it to yourself as an investment asset, you should be balanced in your decision and trust your cold mind after carefully monitoring the market.

The number of companies accepting Dogecoin as a payment method is growing. Last month, the brainchild of billionaire enthusiast Mark Cuban, Dallas Mavericks allowed payments in DOGE. Then, Kessler Collection and Latvian airline airBaltic made Dogecoin available in payment methods. Interest in dogecoin is growing and the demand for the coin from the crypto arena is growing.

Experts say that the resistance is at the level of $0.50, so the DOGE's price may be $1 by August. The next level of resistance and the ultimate target is the $10 milestone by the end of 2023. The cryptocurrency market has been quite an interesting sight lately, and this is largely due to the amazing growth of Dogecoin, which has led to a further rise in bookmakers. If you are ready to invest, do not just blindly chase such mastodons as Bitcoin and Ether — think about the DOGE.

Vitaly Kolesnikov
Analytical expert of InstaForex
© 2007-2024

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.

Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade



You are now leaving www.instaforex.eu, a website operated by INSTANT TRADING EU LTD
Can't speak right now?
Ask your question in the chat.

Turn "Do Not Track" off