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Price Analysis

Dogecoin (DOGE) Gets Bit By The Bear; Intraday Holds Not Much Hope

Dogecoin closed the last month with a negative digit. The first two quarters brought a substantial change in the price of the DOGE, but the third quarter ruined everything. Dogecoin has almost reached the level from where it started.

The traders are looking up for an escalation in the ongoing month. Let’s have a look at the Dogecoin chart and understand the momentum in price. If we talk about yesterday, the DOGE touched a high at 0.002529 USD and a low at 0.002459 USD. On 31st August 2019, the coin marked the volume as 23,927,277 USD.

Dogecoin to USD Price Comparison:

The chart is taken from TradingView on 1st September 2019 at 05:03:48 UTC.

Dogecoin price prediction
Dogecoin price chart by TradingView

Yesterday, Dogecoin opened at $0.00249. There was an escalation marked of 4.72%. Dogecoin price changed from $0.0024 to $0.0025. Towards the second half of the day, the DOGE felt a pullback and fell from $0.00249 to $0.00237 by 4.97%. Further, Dogecoin recovered from $0.00239 to $0.00250 by 4.84%. The coin closed at $0.00249. Today, Dogecoin price is hovering around $0.00250.

Current Statistics of Dogecoin:

  • Dogecoin is trading at $0.00250289.
  • ROI is marked as 343.73%.
  • 24-hour volume is at $23,058,645.
  • The Market Cap is noted as $300,036,054.
  • Circulating Supply has 121,009,493,835 DOGE.

Dogecoin Price Prediction and Conclusion:

It is said that Dogecoin gets widely influenced by the price momentum of Bitcoin. Hence, most people aren’t expecting much from DOGE today. As per historical data and analysis, it is anticipated that the DOGE would close the year by trading around its 90-Day high value of $0.0044. The coming years might bring a huge change in the price of the Dogecoin. For the traders interested in the coin, they should opt for long-term investment. It would bring a colossal profit to the traders.

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Roxanne Williams

Roxanne Williams has recently joined as a market reporter for CryptoNewsZ - the 24/7 crypto news site, where she produces recent stories, technical analysis and price updates on world's leading cryptocurrencies.

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