Dogecoin Price Analysis: DOGE Price Registers Moderate Loss Since Last Month

Dogecoin price has been showing a downtrend but with a moderate plunge. The same momentum is a sign of high potential coin. The entire market has experienced a blow in their heart in the ongoing month. There were high expectations that the third quarter would bring another upsurge, but nothing came true.

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However, the drop isn’t continuous. There would be a time when the market will bounce back and register an extraordinary upsurge. Dogecoin is likely to join the bandwagon of the most result giving coin.

Dogecoin to USD Price Comparison:

The chart is taken from TradingView on 25th July 2019 at 05:15:36 UTC.

Dogecoin Price Chart - 25 July

Current Statistics of Dogecoin:

Particulars Dogecoin (DOGE)
Dogecoin Price 0.002822 USD
Rank 30
ROI 429.71%
Market Cap 356,295,341 USD
Circulating Supply 120,496,711,199 DOGE
30 Day High / Low 0.004471 USD / 0.002772 USD

Dogecoin Price Prediction and Conclusion:

The market is not expected to rise in this month. The ongoing downfall has taken Dogecoin to $0.002822, and if we compare with the opening price during the beginning of the month, there is not much difference noted in the coin. The currency has a high potential to stay put in the market. Dogecoin price might touch a high at $0.0070 by the end of 2019.

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The investors can dig in with a long-term plan. The said period would give a high ROI.

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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