Price Analysis

Dogecoin Price Analysis: Dogecoin (DOGE) Climbs Up to $0.0031; Price Upsurge on the Go

Dogecoin (DOGE) is back at $0.0031. The coin has suffered a lot due to the price drop. When Bitcoin was at $13,000, Dogecoin touched $0.0040. The same inclined hopes of many traders. However, the market pressure took the coin down.

Well, the strong winds have passed. We are anticipating that the coin will rise on the chart for a good couple of days. The coin is dealing at a perfect momentum. We are eyeing for $0.0040 again. The traders are also impressed by the upsurge.

To understand the coin better, let’s have a look at the 3 months’ chart.

Dogecoin (DOGE) Current Statistics:

The chart is taken from Trading View on 19th July 2019 at 03:19:03 UTC for price analysis.

Dogecoin Price Chart July 2019
Dogecoin Price Chart by TradingView

The coin was dealing at $0.0028 on 20th April 2019. The coin immediately fell from $0.0028 to $0.0023. Dogecoin marked upsurge in price in May month. The hike was of 41.49%, which took the price up from $0.0025 to $0.0036. June again opened with a fall of 13.67%. The price counters changed the price from $0.0033 to $0.0029. The coin kept climbing up at a slow pace. July marked maximum upsurge in price. The coin climbed from $0.0032 to $0.0043 by 34.20%. Further, the coin fell from $0.0043 to $0.0027. The fall marked 37.51% loss. Now, the coin has started moving up again.

Dogecoin Price Statistics:

ParticularsDogecoin
Price0.003103 USD
Rank30
ROI455.25%
Market cap373,549,416 USD
Circulating Supply120,399,687,636 DOGE
24hr Volume40,370,665 USD

Dogecoin Price Prediction and Conclusion:

Dogecoin and Bitcoin seem to have a similar price momentum. This would lead Dogecoin to attain new price heights with the upcoming rally. We believe that Dogecoin would be seen dealing at $0.0070 by the end of 2019. The coin would be most flourishing for long term traders.

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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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