Dogecoin Price Analysis: Dogecoin (DOGE) Price Experience Heavy Volatility

Dogecoin opened with an upsurge in the market. DOGE raised many hopes as the coin took up an upsurge after a long time. Well, the traders need to wait a little longer. The current momentum in Dogecoin is too volatile. The prediction of the coin has turned tough. Yesterday, the coin touched a high at 0.002949 USD and a low at 0.002882 USD.

DOGE to USD Price Comparison:

The chart is taken from TradingView on 27th July 2019 at 10:29:30 UTC.

Dogecoin price chart - july 27Yesterday, the Dogecoin opened at $0.00296093. The coin slipped to $0.00280206 by 5.37%. Still, the coin booked a regression of 0.51%. Today, the Dogecoin opened at $0.002847. The coin escalated to $0.00303018 by 7.06%. The coin started moving down, and the coin reached to $0.002765 from $0.0030200 by 8.25%.

Current Statistics of Dogecoin:

  • Dogecoin price is at 0.002765 USD.
  • ROI recorded for DOGE is 407.10%.
  • The market cap is noted as 341,511,868 USD.
  • Circulation Supply has 120,524,277,665 DOGE.
  • 24-hour volume is marked as 20,556,630 USD.

Dogecoin Price Prediction and Conclusion:

Dogecoin is often considered as an alternate option for Bitcoin. And most of the retail investors have similar questions about the coin that is Dogecoin a good investment? As like Bitcoin, Dogecoin would also start climbing in some time. And also, according to Dogecoin long term prediction, it seems that the coin has a high prospect of an upsurge in the future.

The coin might be seen hovering around 0.0070 USD by the end of the ongoing year. The traders who are interested in Dogecoin should go for a long-term plan. The short-term plan wouldn’t give the expected result.

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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