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Price Analysis

Dogecoin Price Analysis: DOGE Swinging On The Equilibrium Of The Baseline

DOGE is coming up with the good announcements now! DOGE partnered with FomoHunt, which is known as one of the finest Crypto discovery platforms. It was tweeted by Adam, VP Merchandising of Fomo Hunt inviting the users to spend their DOGE with them.

It seems lie DOGE will be moving to a good path now. The escalations have been pretty good in the last few days of June, and with better partnerships, the visibility of DOGE is certainly going to improve.

Dogecoin Price Analysis:

The value of DOGE is trading at $0.00315525 at 06:15 UTC on 4th July 2019. The other significant factors contributing to the valuation of DOGE chart are calculated as follows:

Dogecoin Price Chart - 4 July
Dogecoin Price Chart
  • Return on Investment: 475.99%
  • 24 Hour Volume: 33,570,024 USD
  • Market Cap: 386,882,399 USD
  • Total supply/Circulating Supply: 120,205,304,009 DOGE/ 120,205,304,009 DOGE
  • 7 Day high/low: 0.003523 USD / 0.002990 USD

Dogecoin Price Comparison:

From the beginning of July, 1st July was the first highest seen in DOGE chart with a trading value of $0.003340. Next day, the value was a fluctuation on the lowest, which was a drop of 12.03% with a trading value of $0.002941.

However, the value then showcased the new highest point yesterday with a trading value of $0.00335656, which was an increase of 14.07% from the lowest. Today, the value saw a dip on 9.40% with a trading value of $0.003041. However, that value is now increased by 3.74% now.

Dogecoin Price Prediction and Conclusion:

DOGE is trading on the edge of the uptrend, which means that it might move to pivot as well, which might become a difficult situation. Generally, traders get confused on pivot zone as to whether to buy or sell the coin. However, it is bent towards the upside, which means selling the coin might be a profitable bid.

By the next few days, DOGE might see an upside trading value of $0.0035 and downside value of $0.0032. In any case, it might be important for the users to bid in the safer zone, which is calculated resistance and support levels between $0.00343 and $0.00313, respectively.

And with the recent trades, it seems that time might not be far when DOGE will shine with $0.0075!

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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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