Price Analysis

Dogecoin (DOGE) Overcomes Heavy Price Drop, Gains 10%

Dogecoin price started surging since yesterday. The currency is anticipated to rise in the following days. The same could help the traders in recovering the price of the DOGE.

Yesterday, Dogecoin touched a high of 0.003133 USD and a low of 0.002922 USD. The volume recorded on 15th July 2019 was 43,028,086 USD. The Market Cap is at $28 billion. We are quite positive that the coin will break all the levels today.

Current Statistics of Dogecoin:

  • Dogecoin price is trading at 0.003123 USD.
  • The Return on Investment (ROI) is marked as 448.87%.
  • The circulating supply is noted as 120,372,020,064 DOGE.
  • The 24-hour Volume is at 36,869,215 USD.
  • The Market Cap is marked as 369,172,804 USD.

DOGE to USD Price Comparison:

The DOGE price chart is taken from TradingView on 16th July 2019 at 06:02:05 UTC.

Dogecoin Price Prediction
Dogecoin Price Chart

Looking at the Dogecoin chart, the coin reflects an upsurge in price. The coin opened at $0.00284242. The first few hours took the price up to $0.002978. The escalation was of 4.77%. Later, there was another jump in the price, which took the price up to $0.003163 from $0.0029077 by 8.78%. The intraday profit was of 10.90%. Today, the coin opened with a downfall. The coin slipped from $0.003150 to $0.0030097. The regression was marked as 4.46%. The coin again climbed to $0.003134 from $0.0030097. This time the escalation was of 4.14%.

Dogecoin Price Prediction and Conclusion:

Dogecoin gets widely affected by the Bitcoin. The future predictions of Bitcoin are quite flourishing. The coin is expected to cross $15,000 by the end of 2019. If the prediction came true, then Dogecoin would also walk on the same path. The traders take Dogecoin as the alternative option for Bitcoin with the expectation that if Bitcoin climbed Dogecoin will also walk up.

The coin is expected to hover around $0.0070 by the end of 2019. In the coming years, the coin speculated to rise by 4%-5%. The traders with the long term in hand can dig in Dogecoin and book huge returns.

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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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