fbpx
Price Analysis

Dogecoin Price Analysis: DOGE Is Becoming A Serious Discussion For Traders Now

DOGE had a pretty surprising ride in the month of June. In fact, many crypto followers tweeted that DOGE might not be as big as BTC, but it can surely make some traders millionaires if played right. It seems that finally, people are taking DOGE seriously.

Let’s see what DOGE valuation today has to offer to its traders.

Price Analysis of DOGE on 1st July 2019:

At 07:55 UTC time, the value of DOGE is trading at $0.003154 on 1st July 2019. The remaining essential factors are as follows:

Dogecoin Price Chart - 1 July
Dogecoin Price Chart
  • Return on Investment: 487.58%
  • 24 Hour Volume: 44,498,694 USD
  • Market Cap: 394,531,404 USD
  • Total supply/Circulating Supply: 120,163,764,023 DOGE/ 120,163,764,023 DOGE
  • 7 Day high/low: 0.003523 USD / 0.002990 USD

Dogecoin Price Comparison:

A quick rise of 26.41% (from 0.002857 to 0.003640) in the Dogecoin price on 27th June is no new news for the traders following DOGE from a few days now. The value was then decreased by -13.76% by 30th June with the trading value of $0.003111, which is now increased a little by 1.38% for now.

Dogecoin Price Prediction and Conclusion:

DOGE seemed to have entered in the downtrend. This means that the traders who wish to invest in Dogecoin; this might be a good time for them to ‘buy’ DOGE coins. Dogecoin has been taken seriously by the followers now, which might increase the supplies of DOGE in the market.

For the trader, the safer bid calculated between the resistance and support levels is $0.003387 and $0.003188, respectively. Considering the trader of this year, the value of DOGE might trade upside to $0.0075 by the end of 2019. Rest, only time will tell!

Tags

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.

Related Articles

Back to top button
Close