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Price Analysis

Dogecoin Price Deals with a Moderate Loss; Hovers Around $0.0026

  • Dogecoin (DOGE) exhibits moderate loss.

The entire market is suffering from the pullback in the coin. The same is caused due to the selling pressure as the market was touching new highs from the past few days. The selling pressure wouldn’t last in the market. The anticipations of recovery are very high.

Dogecoin has also felt the same pressure and deals with a slight loss. The past couple of days were quite better for the traders in the coin. Yesterday, the volume of DOGE was at 45,526,972 USD. The highest price touched by Dogecoin was 0.002993 USD and the lowest price was 0.002582 USD. Let’s see what does the chart holds for us.

DOGE to USD Price Analysis:

Dogecoin Price
Dogecoin Chart TradingView

The data feed is collected from Bittrex on September 19, 2019, at 12:02:36 UTC for price analysis. The day started at $0.0026. The escalation took the price to $0.0027 from $0.0025 by 7.55%. Further, the coin jumped from $0.0026 to $0.0028 by 7%. Towards the end of the day, the price slipped. The counter switched from $0.0028 to $0.0026 by 7.35%. The intraday regression was of 0.19% at $0.0026. Today, the price is slipped from $0.0027 to $0.0024 by 8.59%. The loss marked till now is of 3.20%. The current price is at $0.0025.

Bitcoin (BTC) was dealing with the loss in the last couple of days. Dogecoin (DOGE) wasn’t following Bitcoin this time, thus booked a tremendous hike. Well, today’s fall has again made Dogecoin go after Bitcoin. The currency is walking in the footsteps of BTC. The same would help Dogecoin to come out of the loss.

The traders interested in Dogecoin (DOGE) must opt for long term investment to book profit.

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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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