Dogecoin Price Analysis: Dogecoin (DOGE) Price Under Market Pressure; Moderate Loss In The Price

Dogecoin is reflecting a moderate loss in the price. However, traders are expected for the coin to touch its immediate resistance level of $0.0032 soon. After touching the said level, the Dogecoin is expected to escalate the Market Cap too.

DOGE to USD Price Comparison:

The chart is taken from TradingView on 13^th August 2019 at 05:25:56 UTC.

The overall price movement has not declined with a margin. On 7^th August, the coin booked a fall of 12.02% from $0.00314146 to $0.00276584. On 8^th August, the coin booked an escalation of 10.83% as the price counters switched from $0.002772 to $0.00307258. On 9^th August, the Dogecoin switched from $0.00300186 to $0.00298166 by 0.67%. On 10^th August, again the DOGE price fell by 8.93%. The price switched from $0.002974 to $0.0027079. On 11^th August, the coin escalated from $0.002818 to $0.00287421 by 1.99%. On 12^th August, the Dogecoin jumped from $0.002874 to $0.002958. The hike was of 2.7%. The coin is currently dealing at $0.002951.

Current Statistics of Dogecoin:

Dogecoin Price Prediction and Conclusion:

The traders who are interested in investing Dogecoin should plan for the long-term. There is a high prospect of an upsurge in Bitcoin which indicates a jump in the Dogecoin too. Hence, we are certain that the investment in DOGE wouldn’t go futile.