Price Analysis

Dogecoin Price Analysis: Dogecoin (DOGE) indicates positive sign of improvement; Price surge to start soon

Dogecoin (DOGE) price is currently falling. The current indications are likely to be positive. We are apprehensive about the coin to grow in the future. The marketers are already invested in the future of DOGE. They consider the currency as the high yielding investment. Talking about yesterday’s prices, the coin touched a high at 0.003166 USD and a low at 0.002983 USD.

Dogecoin to USD Price Comparison:

Dogecoin Price Chart - 22 July
Dogecoin Chart by TradingView

Yesterday, the coin opened at $0.003112. Within the first few hours, the coin fell from $0.003112 to $0.002962. The fall was of 4.81%. Later, Dogecoin price climbed from $0.002967 to $0.003190 by 7.53%. If we closely look at the chart, there are two double top shapes. The first double top is at $0.00319074 and other at $0.003111893. The intraday loss was registered as 4.35%. Today, the coin opened at $0.002974. DOGE price escalated to $0.003093 by 4.07%. The coin slipped from $0.003093 to $0.002974 by 3.87%.

Current Statistics of Dogecoin:

Particulars Dogecoin (DOGE)
Price0.003089 USD
Rank30
ROI452.88%
Market Cap372,088,506 USD
Circulating Supply120,441,168,879 DOGE
52 Week High / Low0.006933 USD / 0.001835 USD

Dogecoin Price Prediction and Conclusion:

The currency is often considered as the alternate option of Bitcoin. The traders who are interested in the Dogecoin, they are recommended to go for the long-term plan. The short-term investment is likely to be risky. Hence, we wouldn’t consider opting the same. By the end of 2019, the coin would touch a high at $0.007.

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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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