Dogecoin Price Analysis: DOGE Price Astounds with the Market in Its Intraday Momentum

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Dogecoin has surprised all by maintaining the momentum of price during the heavy drop. The coin is currently bearish, but we are anticipating that the second half of the day will bring some positive change in the coin. The currency also has a high prospect of bringing heavy price surge.

If we look at yesterday’s counters, the coin recorded $27,243,201 as the volume. The coin touched a high at $0.003351 and a low at $0.003174 on 13th July.

Let’s have a look at the price chart.

Current Statistics of Dogecoin (DOGE):

The price analysis of Dogecoin (DOGE) is done with the help of Trading View chart on 14^th July 2019, at 10:08:21 UTC.

Looking at the Dogecoin chart, the coin is reflecting a fall in the price. Today, the coin opened with a slight upsurge. The counters switched from $0.00330 to $0.00332. The escalation was of only 0.58%. Later the coin tried to keep up, but from the past few hours, the coin started slipping. The loss registered was of 9.37% as the price fell from $0.033 to $0.0030. Yesterday, the coin opened at $0.0033. The coin slipped to $0.0030 by 7.62%. Later, there was an upsurge registered in the price. The coin jumped from $0.0030 to $0.0032 by 7.71%. The intraday fall was of 0.02%. The coin closed at $0.0033.

Dogecoin Price Prediction and Conclusion:

DOGE is vastly affected by the price of Bitcoin in the market. Bitcoin is speculated to rise in the chart for some time. The same movement will pull the market back on the track. Dogecoin would also be one of the coins which will be seen touching new highs with the Bitcoin.

The coming years will take Dogecoin (DOGE) up by 4% – 5%. However, according to Dogecoin long term prediction, it seems that by the end of 2019, DOGE is likely to deal at $0.0070.

The best-suited investment for Dogecoin is the long term investment. The said investors would be seen drawing huge profits by the end of the period.