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>
 <div class="border border-red-300 rounded-xl p-6 not-prose mb-6">
  <h3 class="text-2xl font-black mt-0 flex gap-x-3 mb-5">
   <svg width="32" height="32" viewbox="0 0 32 32" fill="none" xmlns="//www.w3.org/2000/svg"><path d="M4 10.6665V25.3332C4 28.2678 6.392 29.3332 8 29.3332H28V26.6665H8.016C7.4 26.6505 6.66667 26.4078 6.66667 25.3332C6.66667 24.2585 7.4 24.0158 8.016 23.9998H28V5.33317C28 3.8625 26.804 2.6665 25.3333 2.6665H8C6.392 2.6665 4 3.73184 4 6.6665V10.6665ZM8 5.33317H25.3333V21.3332H6.66667V6.6665C6.66667 5.59184 7.4 5.34917 8 5.33317Z" fill="#EF4444"> 
    </path> <path d="M15.996 18.6668L20.4626 14.2815C20.738 14.0166 20.9571 13.6989 21.1068 13.3473C21.2564 12.9957 21.3336 12.6176 21.3336 12.2355C21.3336 11.8534 21.2564 11.4752 21.1068 11.1236C20.9571 10.7721 20.738 10.4543 20.4626 10.1895C19.9074 9.64148 19.1587 9.33422 18.3786 9.33422C17.5985 9.33422 16.8498 9.64148 16.2946 10.1895L15.996 10.4801L15.6973 10.1881C15.1423 9.64023 14.3938 9.33301 13.614 9.33301C12.8341 9.33301 12.0856 9.64023 11.5306 10.1881C11.2552 10.453 11.0361 10.7707 10.8865 11.1223C10.7368 11.4739 10.6597 11.852 10.6597 12.2341C10.6597 12.6162 10.7368 12.9944 10.8865 13.346C11.0361 13.6975 11.2552 14.0153 11.5306 14.2801L15.996 18.6668Z" fill="#EF4444"> 
    </path>
   </svg> Picks for you</h3>
  <div class="grid md:grid-cols-2 gap-x-10 gap-y-3 md:gap-y-5 divide-y divide-gray-300 md:divide-y-0">
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Bitcoin's last call: BTC presents buy signal before parabolic rally <span class="self-center text-xs text-slate-500">9 mins ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Massive sell-off alert amid $300 million token unlock on Friday <span class="self-center text-xs text-slate-500">1 hour ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Portofino Technologies joins Pyth Network as a new data provider <span class="self-center text-xs text-slate-500">2 hours ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    The 'degenerate' diaries: Unpacking the tactics of r/wallstreetbets traders <span class="self-center text-xs text-slate-500">3 hours ago</span>
   </div>
  </div>
 </div>
 <div class="mb-4 bg-slate-50 rounded-md layout-adjustment">
  <div id="finbold.com_middle" style="min-width: 300px; min-height: 250px;">
  </div>
 </div>
 <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>
 <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
  <div class="wp-block-embed__wrapper">
   <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>
 </figure>
 <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

Table of Contents

TheBitTimes

Другие статьи, опубликованные 10 апр. 2024 г.

Navigating the Future: New Zealand’s Crypto Challenge

Analyst Touts Hedera’s (HBAR) Potential 30X Move Similar to Cardano’s (ADA) “17,000% last cycle” ...

Terrorists Are Turning To Crypto To Circumvent Sanctions: Treasury Department

Truflation Price Prediction: Coinbase And Chainlink-Backed TRUF Skyrockets 642% As Traders Rush T...

Flare Announces Launch of Raindex App Utilizing Flare Time Series Oracle (FTSO)

Russia’s central bank urges lawmakers to hasten crypto bill amid US sanctions

Join our free newsletter for daily crypto updates!