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Price Analysis

Dogecoin Price Analysis: Dogecoin Was Roller Coaster Ride In June 2019

It is a peer to peer cryptocurrency, well it might have proved the same already! When all other altcoins are surging in the southern direction, DOGE might have impressed many traders in the network. You will be surprised to know that the price was surging in the opposite direction of all other altcoins in the network, except NEO!

Traders seem to have hopes to DOGE now, let’s see if DOGE can stand on the same!

DOGE Price Analysis on 30th June 2019

The value of DOGE (Dogecoin to USD) is trading at $0.003408 at 09:04 UTC time on 30th June 2019. The other factors contributing to the success of DOGE are calculated as follows:

  • Return of Investment: 500.91%
  • Market Ranking: @30
  • 24 Hour Volume: 43,639,822 USD
  • Market Cap Value: 403,432,062 USD
  • Total supply/Circulating Supply: 120,149,812,688 DOGE/ 120,149,812,688 DOGE
  • 7 Day high/low: 0.003523 USD / 0.002990 USD

Dogecoin Chart Comparison:

Dogecoin price chart - june 30

Taking into consideration the date of June 2019, the fluctuations have been quite impressive. The month started with an upside value of $0.003521 on 1st June, which was then decreased by -18.90% when the value was trading at $0.002855 on 9th June. But DOGE seemingly surged in the right direction with an increase of 22.16% in the trading value which was achieved at $0.00348850 on 26th June at 23:00 UTC time. In just span of few hours, DOGE started surging in the opposite direction touching the lowest value of the month of 27th June at 16:00 UTC time with the value trading at $0.002857. However, the value has now increased by 19.2%, which is a relief.

Dogecoin Price Prediction and Conclusion:

The value of Dogecoin is seemingly improving the portfolio for investors as they have been quite good profits in this month. Considering in data of June 2019, the value of DOGE is still in a bullish zone, which means it might be a good time to sell your coins if you wish to exit the network with good profits.

If you wish to hang in the network for a longer time, the resistance support is calculated between $0.00364 and $0.00324 respectively for a safer bid. DOGE has been showing some real good improvement in the network, which means that it might end of to the trading value of $0.0075 by the end of 2019.

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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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