Price Analysis

Dogecoin Price Analysis: DOGE at a Profit; the High Prospect of Price Upsurge in Future

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Dogecoin is struggling bravely in the ongoing downtrend. The coin is indicating a high prospect of an upsurge in the future. Bitcoin would also climb up and anchor many coins. We are also positive about the Dogecoin price. To understand the momentum better, let’s have a look at the price chart.

DOGE to USD Price Comparison:   

The Dogecoin price chart is taken from TradingView on 26th July 2019 at UTC.

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Dogecoin price chart July 26
Dogecoin Price Chart by TradingView

DOGE price was dealing at $0.002479 on 27th April 2019. The coin closed at a moderate level in April. May started with a slight upsurge in price. The highest point attained by the Dogecoin was $0.003653. May closed with an upsurge in price by 38.84%. The price counters changed from $0.002460 to $0.003416. In the month of June, the price slipped in the first few days. The coin couldn’t do much during the rest of the month. Dogecoin closed with regression of 5.45%. The price plunged from $0.0034 to $0.0032. July again opened with a price drop. The coin touched $0.004471 on 5th July 2019. This is the 90 days high price of Dogecoin. However, the coin closed with a downfall. The slip was of 12.27%. The price dropped from $0.0032 to $0.0028.

Current Statistics of Dogecoin:

  • Dogecoin price is trading at 0.00281990 USD.
  • ROI of Dogecoin is 417.14%.
  • The Market Cap stands at 348,191,767 USD.
  • The circulating supply is noted as 120,496,711,199 DOGE.
  • 24-hour volume is at 20,017,207 USD.

Dogecoin Price Prediction and Conclusion: 

Dogecoin follows the momentum of Bitcoin. The coin has always been influenced by the BTC price movement. The people who are interested in Dogecoin, should go for long term investment. By the end of 2019, the coin is expected to touch $0.0070.

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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