Price Analysis

Dogecoin Price Analysis: Dogecoin (DOGE) Is Surging To The Bulls’ Trend!

eToro

Just when you think Dogecoin is moving in the downward direction and might lose users from the portfolio, you get hit by the bus! The social media platform is proof that people are buying DOGE in every corner. So what if the price is dipping? At least it is inviting new traders in the pool. But with all the tweets by new buyers of DOGE, there is an expectation of DOGE rising back to the upward trend soon enough! But has it happened yet?

Let’s see!

eToro Crypto

Price Statistics From Dogecoin chart on 21st June 2019:

The value of DOGE is trading at $0.003118 at 5:41 UTC time on 21st June 2019. Speaking of the other essentials factors in the capitalization, they are ranking as follows:

Dogecoin Price Chart - 21 June
Dogecoin Price Chart
  • Return On Investment: 465.69%
  • Total supply/Circulating Supply: 120,017,034,936 DOGE/ 120,017,034,936 DOGE
  • Market Cap Value: 379,363,974 USD
  • 24 Hour Volume: 38,203,483 USD
  • 7 Day high/low: 0.003336 USD / 0.003037 USD
  • Market Ranking: 30

Dogecoin to USD Price Comparison:

DOGE today has achieved the highest of the 2 days already. Comparing the data from yesterday, the highest was seen at 15:57 UTC time with value trading at $0.003208 and lowest at $0.002961 at 20:40 UTC time. The highest of the day is achieved at 02:00 UTC time with trading value at $0.003232.

Dogecoin Price Prediction and Conclusion:

Doge is playing under the bull’s trend right now. However, it’s not that strong, but the trend seems to favor the ‘selling’ bid! If at all, it surges upwards from a few days, the bull’s trend will be strong enough to catch the eyes of the traders in the market from quite some time now.

Till then, one can consider the resistance and support levels between $0.00324 and $0.003066, respectively! For DOGE to reach $1, which most of the followers are waiting for, seems to be very far from achievement as of now. However, DOGE might run up to $0.006 by the end of 2019.

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.

Related Articles

Back to top button