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Price Analysis

Dogecoin Price Analysis: Dogecoin (DOGE) Price Reflects Recovery

Dogecoin is riding the bulls. The current scenario is filing hope among the traders. The coin started with good momentum and is continuing the same. Yesterday, Dogecoin touched a high of 0.003426 USD and a low of 0.003189 USD. Currently, the Market Cap of the crypto market is at $31 billion. The volume marked is 43,609,123 USD.

Today, it will breach all yesterday’s counter and close with a positive sign.

Let’s have a look at the intraday Dogecoin chart.

Dogecoin to USD Price Comparison:

The price analysis is done with the help of TradingView on 12th July 2019, at 10:31:50 UTC.

Dogecoin price chart - july 12

Yesterday, the coin opened at $0.003383. The currency fell within the first few hours to $0.003050. The regression marked would be 9.85%. Later, DOGE fell from $0.003263 to $0.002995 by 8.22%. The intraday loss marked in Dogecoin was 6.03% as the coin closed at $0.003180. The coin opened with an upsurge today. The leap took the opening price $0.003180 to $0.003338. The progression was of 4.96%. Dogecoin marked an upsurge in price by 2.85%.

Latest Statistics of DOGE:

  • The price of the coin is 0.003262 USD.
  • The 24-hour Volume of DOGE is at 39,317,532 USD
  • Currently 120,316,437,130 coin are in circulation.
  • The Market Cap stands at 401,065,217 USD.
  • The ROI of DOGE is noted as 496.56%.

Dogecoin Price Prediction and Conclusion:

The market has turned positive, and so it is the Bitcoin. The coin vastly affects Dogecoin. The current momentum of DOGE is likely to be maintained for quite a long time. The traders are eyeing for a higher level on the chart.

By the end of 2019, the Dogecoin is likely to cross $0.0070. The future with the coin is brighter. We are anticipating that long term investment will be the best-suited investment for the coin.

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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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