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Price Analysis

Dogecoin Price Analysis: Dogecoin (DOGE) Shows an Escalating Sentiment; Traders to Have a Power-packed Day

  • Dogecoin (DOGE) price recovery spikes hope among the traders.
  • The intraday traders are likely to have a good day ahead.

Dogecoin (DOGE) is speculated to have a great future. The coin was seen suffering on the chart. The coin was at 0.0028 USD at the beginning of the month. The coin tried to improve a couple of times, but the market pressure used to bring it down.

The current scenario of the coin is giving positive indications. We are quite positive that it would retain this time. Let’s have a look at the chart.

Current Statistics of Dogecoin:

  • The coin stands at 0.002680 USD.
  • The ROI is marked as 379.66%.
  • The coin is at the 29th rank in the crypto market.
  • $ 23,239,222 is the 24hr volume.
  • $ 324,147,360 is marked as the market cap.
  • Total Circulation of the coin is 120,939,931,408 DOGE.

DOGE to USD Price Comparison:

The chart is taken from Trading View on 26th August 2019, at 07:22:23 UTC for price analysis.

DOGE Price Prediction
DOGE Price Chart by TradingView

Yesterday, the coin opened at $0.0026. The coin jumped from $0.0025 to $0.0027 by 8.57%. Further, the coin slipped from $0.0027 to $0.0025 by 8.60%. The coin closed at $0.0025. The intraday loss was of 3.89%. Today, the coin opened at $0.0025. The coin opened with an escalation of 9.01% from $0.0025 to $0.0027. The coin slipped from $0.0027 to $0026 by 3.01%.

Dogecoin Price Prediction and Conclusion:

Dogecoin (DOGE) gets widely influenced by Bitcoin. The price momentum of Bitcoin is also pretty good. The coin is expected to keep the uptrend intact for some time. The same momentum would also be witnessed in Dogecoin (DOGE). The coin speculated to climb up to 0.0050 USD by the end of the year. We would recommend the traders to opt long term investment plan for the coin. The same would help the traders to earn 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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