Dogecoin Trades at $0.0799 as October Forecast Sets $0.083 Target

Dogecoin (DOGE) traded at $0.0799 at 4:05 a.m. ET (08:05 UTC) Oct. 23, up 0.58% over 24 hours and just below $0.08.

An Oct. 21 forecast set DOGE's Oct. 31 target at $0.083, within a projected October range of $0.072 to $0.085. At the latest quote, the target was about 4% higher; the range's low was roughly 10% lower and its high about 6% higher. The target is a forecast, not a recorded price.

The forecast's Oct. 21 technical readings showed a 14-day relative strength index of 39.70. Its 20-day, 50-day, 100-day and 200-day exponential moving averages were $0.08460, $0.08583, $0.08535 and $0.09189, respectively, above that day's $0.08094 quote.

DOGE's two consecutive UTC daily closes above $0.08 followed a close below that level on Oct. 19.