Two independent neural network models, including ChatGPT, presented their calculations regarding how much Dogecoin could cost by the first day of July. According to forecasts, the value of the popular meme token could fluctuate between $0.158 and $0.185 — the final price depends on the overall dynamics of the crypto market.
Dogecoin is currently valued at about $0.16. Over the past 24 hours, its value has fallen by almost 2.7%, and over the week, losses have reached 5%. Judging by technical indicators, the coin continues to trend downwards: it is below the 50-day and 200-day moving averages, indicating continued selling pressure. The 14-day Relative Strength Index (RSI) has settled at 40.54, indicating that the asset is not yet oversold, but the sentiment remains bearish.
ChatGPT has identified three possible scenarios that directly depend on Bitcoin's behavior and the activity around Dogecoin. An optimistic forecast is possible if Bitcoin overcomes important resistance levels and interest in DOGE increases due to discussions on social networks or statements by famous people. In this case, the token could reach $0.175–0.185, and an increase in trading volume could push the rate even higher.
In a moderately positive scenario, if Bitcoin is stable and there is no big news around Dogecoin, the coin, according to ChatGPT, will remain in the range of $0.165–0.170. A slight strengthening is possible, but significant growth is not expected.
If the situation unfolds according to a negative scenario, with a fall in Bitcoin or a weakening interest in Dogecoin, the token may fall to $0.158-0.162. Losses may increase if the support level around $0.163 does not hold. In addition, weak market activity and possible regulatory news may increase the pressure from sellers and drag the price below $0.16.
The Grok system from xAI also published its forecasts. According to its data, Dogecoin may reach $0.17 by July 1, which is slightly higher than the current level. However, Grok experts warn that the meme cryptocurrency is highly volatile and is subject to the influence of publications on social networks. Without fundamental reasons for growth, fluctuations may remain within $0.15-0.19.
Thus, the fate of Dogecoin still depends on the general mood of investors, the Bitcoin rate and the noise on social networks. The cryptocurrency market remains highly volatile, and AI forecasts are a reminder that even the most advanced models do not provide a complete guarantee of price movement.