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Price Analysis

Dogecoin Price Analysis: Dogecoin (DOGE) Price Ready For Upsurge; Coin Can Touch $0.004 Again

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The crypto market opens with a bullish trend. This uptrend strikes two days in a row, and as a result, many coins which were drenched in the blood are green in color. Bitcoin has once again crossed $12,000 and is dealing around $12,600.

Bitcoin price movement affects Dogecoin to a large extent. We are anticipating uptrend movement in the coin will take the price up. By the end of the week, Dogecoin might be seen dealing at $0.004.

Let’s check out the price chart of Dogecoin.

Dogecoin (DOGE) Current Statistics:

The price analysis of Dogecoin is done with the help of Trading View chart of 9th July 2019, at 04:29:22 UTC.

Dogecoin price chart - july 9

Looking at the Dogecoin chart, the coin is reflecting an overall upsurge in price. June opened with a downfall at a price from $0.0034 to $0.0030. The downfall was of 11.7%. Later, the coin was seen dealing at the same level. On 14th June, the price jumped from $0.0029 to $0.003. The coin kept slipping down and recovering on the chart for the rest of the days in June month. The coin experienced loss during the entire month. The regression marked was of 3.17%. The opening price in June was $0.0034, and the closing price was $0.0033. However, July brought price recovery in Dogecoin by 6.76%. The price changed from $0.0033 to $0.0035. The month also registered an extreme escalation in price by 43%. The counters switched from $0.0031 to $0.0044.

Particulars Dogecoin (DOGE)
Price (USD)0.00353466 USD
Rank29
ROI542.64%
Market Cap431,899,807 USD
24hr Volume43,383,455 USD
Circulating Supply120,274,812,489 DOGE

Dogecoin Price Prediction and Conclusion:

Dogecoin (DOGE) is a unique coin. The trend in the coin is often the same as the Bitcoin. Hence, the local traders in Bitcoin often opt Dogecoin as the alternate option. The news for Dogecoin is good for now. The same is expected to be continued for the rest of the month.

By the end of 2019, Dogecoin is anticipated to cross $0.007. The future prospect with the coin is also promising. The long term traders can dig in for huge dividends.

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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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