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Price Analysis

Dogecoin Price Analysis: Dogecoin (DOGE) On Its Way To Become A Lucrative Investment

When most of the altcoins are facing a strong bearish trend, Doge seems to surge in the upward direction. And well, this has become the talk of the town and the followers have been talking about the same on the social media. Doge seems to develop a strong network that helps the users to surge in the exact opposite direction when all other altcoins are just dropping in terms of their valuation.

Price Analysis of DOGE on 29th June 2019:

DOGE is trading at $0.003270 at 07:36 UTC as on 29th June 2019. Following are significant factors contributing to the positioning of DOGE:

Dogecoin Price Chart - 29 June
Dogecoin Price Chart
  • Return on Investment: 502.12%
  • Market Ranking: 30
  • 24 Hour Volume: 57,054,469 USD
  • Market Cap Value: 404,197,212 USD
  • Total supply/ Circulating Supply: 120,135,939,477 DOGE/ 120,135,939,477 DOGE
  • 7 Day high/ low: 0.003523 USD/ 0.002990 USD

Dogecoin Price Comparison:

In the past 5 days, DOGE saw some significant fluctuations like 2 highs and 2 lows of the price valuations. The 1st lowest was seen on 26th June with a trading value of $0.003107 (increased by 5.24% now) which went further down on 27th June at 16:25 UTC with a trading value of $0.002858 (increased by 14.4% now). In no time, DOGE hopped to the highest after 4 hours at 20:30 UTC with a trading value of $0.003610 (dropped by 9.41% now). From then on, the value was fluctuating above the baseline with a bullish outlook. The second highest was then achieved yesterday, on 28th June with a trading value of $0.003587.

Dogecoin Price Prediction and Conclusion:

Doge continues to show the bullish attributes, which means you might want to hold on to you’re the investment in Dogecoin presently. Traders who said goodbye to DOGE just because it was a MEME coin might be regretting right now. Because DOGE whale is stronger than anything before.

The resistance level and support level for the traders is calculated to be $0.00364 and $0.00324 respectively. Users are finally impressed with the valuation and performance of DOGE, and you never know it might surprise everyone with a better value soon.

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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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