Price Analysis

Dogecoin Price Analysis: Dogecoin (DOGE) Marks A Tremendous Drop In The Price Chart

eToro
  • Dogecoin (DOGE) touches USD 0.0024 on the intraday price chart.
  • The drop spooks the intraday traders.

Dogecoin (DOGE) price was seen maintaining itself properly from the past couple of days. The coin has been through heavy drops but hasn’t broken its momentum. Well, it looks like the time is not similar for the coin. The downtrend started for the coin. The same is expected to continue for quite some time. The traders should stay put with Dogecoin (DOGE).

Let’s have a look at the weekly chart.

eToro Crypto

Current Statistics of Dogecoin (DOGE):

The chart is taken from Trading View on 16th August 2019 at 05:38: 36 UTC for price analysis.

Dogecoin Price Prediction
Dogecoin Price Chart by TradingView

A week ago, the coin opened at $0.0028. The coin escalated to $0.0029 by 2.85% on 10th August. The upsurge continued on 11th August too. The price switched from $0.00293 to $0.00298 by 1.79%. The downtrend embarked from 12th August when the coin slide from $0.00298 to $0.00296 by 0.79%. The drop continued and changed places from $0.00296 to $0.00282 by 1.69% on 13th August. The price counters kept dealing around $0.00282 to $0.00283 on 14th August. Yesterday, the coin took a tremendous drop of 9.33% from $0.00283 to $0.00257. Today, the coin began with a drop too. The price fell from $0.00257 to $0.00245 by 4.53%.

Particulars Dogecoin (DOGE)
Price 0.002579 USD
ROI 361.51%
Rank 29
Market Cap 311,520,585 USD
24hr Volume 27,784,114 USD
Circulating Supply 120,801,435,050 DOGE

Dogecoin Price Prediction:

Dogecoin (DOGE) is a promising investment. The coin has always walked in the footsteps of Bitcoin. The current fall is also expected to be recovered soon. The coin is likely to touch USD 0.0070 by the end of the year.

Conclusion:

The market opened with an uptrend today. The coin could be seen improving in the intraday chart. The traders should dig in for the long term in Dogecoin to earn colossal profits.

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