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

• 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.

Current Statistics of Dogecoin (DOGE):

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

A week ago, the coin opened at $0.0028. The coin escalated to $0.0029 by 2.85% on 10^th August. The upsurge continued on 11^th August too. The price switched from $0.00293 to $0.00298 by 1.79%. The downtrend embarked from 12^th 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 13^th

August. The price counters kept dealing around $0.00282 to $0.00283 on 14^th 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. And according to DOGE coin price prediction, it seems that 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.