Dogecoin Price Analysis: Dogecoin (DOGE) Struggles to come out of the Market Pressure
Dogecoin has been struggling with the market pressure to make its way up. The coin is reflecting a disappointing movement in the ongoing month. The month is about to end, and we cannot see any hope of a major escalation in the coin.
The currency might recover in the last few days of the month, but the DOGE holds the possibility of closing the month at a loss if compared from the opening price of the month.
Dogecoin to USD Price Comparison:
Yesterday, Dogecoin opened with a heavy drop of 6.49%. The price changed from $0.002695 to $0.002522. Later, Dogecoin price took another drop of 5.03% from $0.002642 to $0.002508. Somehow, DOGE managed to close the day at $0.0026 with an intraday loss of 1.84%. Today, the coin is reflecting a moderate movement. The coin experienced a major escalation in the price by 5.52% as DOGE price changed from $0.0025 to $0.0026.
Current Statistics of Dogecoin:
|Circulating supply||120,967,791,698 DOGE|
|Total supply||120,967,791,698 DOGE|
Dogecoin Price Prediction
As per Dogecoin price prediction, historical data, and analysis, the coin might close the year around its 90-Day high value of $0.0044.
DOGE couldn’t come out of the market pressure. And therefore, we recommend the traders dig in for the long term. The specified time is expected to give maximum results to the traders. Hence, investing in the coin wouldn’t go futile.