After the recent update of Dogecoin Core 1.14, many crypto followers have been attracted towards Dogecoin. The recent dips and rise have surely made a point that DOGE is not a MEME coin anymore, and there is a definite potential of earning profits with DOGE investment. Let’s see what price statistics of DOGE reveal.
Price Analysis of DOGE on 28th June 2019:
The value of DOGE is trading at $0.003415 at 09:12 UTC time on 28th June 2019. The other essentials are as follows in Dogecoin chart:
- Return on Investment: 506.37%
- Market Ranking: 30
- 24 Hour Volume: 82,439,194 USD, which was 59,516,508 USD yesterday
- Market Cap Value: 407,000,158 USD
- Total supply/Circulating Supply: 120,122,000,254 DOGE/ 120,122,000,254 DOGE
- 7 Day high/ low: 0.003496 USD/ 0.002990 USD
Dogecoin to USD Price Comparison:
Considering the data from the past few days, yesterday, as on 27th June 2019 traders might have earned quite well. DOGE was trading at $0.002826 at 16: 23 UTC which is now increased by 20.8% which exhibits an upward surge. In the next 4 hours, the value was trading 27.67% higher, which was $0.003608 from $0.00282. In a span of 4 hours, the value of DOGE took a significant surge, which made the traders look at the trend optimistically.
And as of now, the value is decreased by 5.3% from the trading value of $0.003608, which is not a great dip or risk in the trend.
Dogecoin Price Prediction and Conclusion:
DOGE is bending again to the bullish nature, acquiring attention, and better investment portfolios from different investors. The supply and 24-hour volume are definitely growing, making DOGE as a strong altcoin. The resistance level and support level are calculated to be $0.00375 and $0.00280, respectively.
It is the right time to initiate fresh investments in Dogecoin as the trend is expected to be bullish and fetch great results later. DOGE has improved in terms of credibility and valuation of the coin in the market. However, it is expected that Dogecoin may trade around $0.007 by the end of the year.