Price Analysis

Dogecoin Price Analysis: Dogecoin (DOGE) Price Recovery Gets Ruined; DOGE Back to $0.0028

Dogecoin price was marking recovery from the last two days. The traders were looking up for a higher level and were quite hopeful for the steadiness in the coin.

Well, the anticipation of upcoming upsurge got ruined. DOGE fell tremendously on the intraday chart. Dogecoin is back at $0.0028. It seems like the Dogecoin wouldn’t end at the happy note in this month.

DOGE to USD Price Comparison:

The chart is taken from TradingView on 28th July 2019 at 03:59:04 UTC.

Dogecoin price chart - july 28
Dogecoin Chart By TradingView

The Dogecoin chat from yesterday is showing heavy price movement. The coin opened at $0.002848 on 27th July. The coin immediately picked and jumped to $0.003055 by 7.25%. Later, the Dogecoin price marked a huge drop of 9.13% from $0.003015 to $0.002740. The intraday loss was of 3.76%. Today, the coin opened at $0.002739. Currently, DOGE price is dealing at $0.002837. The profit marked is 3.55%.

Summary of the Dogecoin statistics:

  • Doge price is dealing at 0.00283763 USD.
  • ROI stands at 408.23%.
  • The Market Cap is marked as 342,312,790 USD.
  • The 24hr volume is noted as 20,383,754 USD.
  • The circulating supply has 120,538,124,948 DOGE.

Dogecoin Price Prediction and Conclusion:

The market cap of the crypto market is around $26 billion. At the beginning of the month, the market cap was about $33 billion. The tremendous loss has brought many coins down. Dogecoin was also among the coins, but there was steadiness noticed in the coin. We believe the same is due to the influence of Bitcoin.

Dogecoin is expected to touch $0.007 by the end of 2019. The investment in Dogecoin should be for the long term as it would give high returns.

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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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