Dogecoin Price Analysis: Dogecoin (DOGE) price gets bit by the Bears

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Dogecoin price is currently trading below the baseline. The coin is anticipated to soon climb as the prospects of the currency are extremely bright.

The current fall in DOGE price will soon end. Talking about the coin’s yesterday price movement, the coin touched a high at 0.003100 USD and a low at 0.002966 USD. The volume marked on the charts was 19,174,676 USD.

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Dogecoin to USD Price Comparison:

Dogecoin Price Chart - 23 July

Looking at the Dogecoin price chart, the coin opened at $0.002980. After the coin crossed half of the day, the price started falling. The first drop took the DOGE price from $0.003053 to $0.002851 by 6.60%. The coin again fell from $0.02985 to $0.02815 by 5.71%. The coin closed with slight upsurge and progression of 0.56%. The opening price for today was $0.02996. The coin started slipping since the beginning of the day. The coin price counters changed from $0.02996 to $0.02888. The regression was of 3.61%.

Particulars Dogecoin (DOGE)
Price 0.002910 USD
Rank 30
ROI 420.74%
Market Cap 350,536,300 USD
24hr Volume 20,948,014 USD
Circulating Supply 120,468,921,229 DOGE

Dogecoin Price Prediction and Conclusion:

Dogecoin is a profit yielding coin. The currency wouldn’t fail the investors’ expectation. The future prospects of the coin also hold high hope. There is a section of traders in the market which considers DOGE as the alternate option for Bitcoin. By the coin end of 2019, the coin is likely to touch 0.0070 USD. In the coming years, the coin would be seen dealing at high digits. The long-term investment will go best with Dogecoin.

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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