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Price Analysis

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 14th July 2019, at 10:08:21 UTC.

Dogecoin price chart - july 14

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.

Particulars Dogecoin (DOGE)
Rank30
Price0.00301800 USD
Market Cap381,615,344 US
24hr volume32,367,042 USD
ROI467.50%
Circulating Supply120,344,177,903 DOGE

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%. By the end of 2019, Dogecoin 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.

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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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