Price Analysis

Dogecoin Price Analysis: Dogecoin (DOGE) Keeps Head Held High In The Market

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Dogecoin (DOGE) is currently dealing with an uptrend. The coin at 29.33% progress on the YTD chart as the coin was at $0.0023308 during the beginning of the year and the current price is at $0.003027. The coin is expected to rise on the chart for the rest of the day. We are quite positive about the upsurge in the price.

DOGE to USD Price Comparison:

The chart is taken from TradingView on 16th July 2019 at 03:09:58 UTC.

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Dogecoin Price Prediction
Dogecoin Price Chart by TradingView

Looking at the YTD chart of Dogecoin, the currency reflects an upsurge in the price. At the beginning of the year, the coin opened at $0.0023308. The first month of the year couldn’t impress the traders because of the fall. The drop was of 16.93%. The price changed from $0.0023308 to $0.001936. February was moderate for Dogecoin. In March, the currency reflected an upsurge of 23.88%. The price climbed from $0.001927 to $0.002387. Further, the upsurge in price took the price up from $0.002387 to $0.002493. April recorded upsurge by 4.59%. May was the most result of yielding month. The coin recorded upsurge by 36.22%. The price counters changed from $0.002493 to $0.003391. June and July were good in terms of volume of the entire month.

Current Statistics of Dogecoin:

  • Dogecoin price is trading at 0.003088 USD.
  • The circulating supply has 120,358,217,363 DOGE.
  • Dogecoin 24-hour volume is marked as 37,235,157 USD.
  • The Market Cap is noted as 371,624,017 USD.

Dogecoin Price Prediction and Conclusion:

Dogecoin price is expected to rise. The change in the price is to astound many traders. The Bitcoin heavily influences the coin. The same has invited many traders to invest in Dogecoin as there is a high prospect of an upsurge in Bitcoin and eventually in Dogecoin. The coin is anticipated to cross $0.0070 by the end of 2019. The long-term investment will help the investors draw huge returns.

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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