Price Analysis

Dogecoin Price Experiences a Slight Plunge in the Intraday Trading

Dogecoin (DOGE) is known for its stability even at the time of market pressure. The coin has come a long way because of the same. The subsequent growth in the DOGE has attracted many traders which also helped the coin to climb up in the list of top cryptocurrencies.

However, the last couple of months have not been as flourishing it was before. Dogecoin had to deal with a huge price drop and now the recovery is falling hard on the coin. The intraday chart is reflecting a slight decline for now, but if we take a look at the market trend then the situation might recover by the end of the day.

Dogecoin to USD Price Chart:

The chart is taken from TradingView on September 10, 2019, at 05:10:00 UTC.

Dogecoin price
Dogecoin Chart By TradingView

Yesterday, the DOGE opened at $0.00249678. Later, the price slipped from $0.002479 to $0.002319 by 6.48%. Further, Dogecoin price escalated from $0.002344 to $0.0025033. The progression marked was of 0.93%. Towards the end of the day, DOGE again felt a pullback. The price changed from $0.002475 to $0.002351 by 5%. The day ended with a regression of 0.93% at $0.0024. Today, DOGE has again started the day. The price changed from $0.002485 to $0.002365. The regression recorded in the DOGE is 4.87%.

Current Statistics of Dogecoin:

Particulars Dogecoin (DOGE)
Price0.002364 USD
Rank29
ROI340.25%
Market Cap297,993,587 USD
Circulating Supply121,134,260,846 DOGE
24hr Volume35,028,501 USD

Dogecoin Price Prediction and Conclusion:

Dogecoin price movement is reflecting a moderate fall. There are also some indications of change in the momentum of the coin. The traders might close the day with a positive digit. DOGE is expected to rise in the coming weeks. Dogecoin might cross its 30-day high value of $0.0029 in the upcoming weeks. The traders interested in the coin should go for long-term investment. The same would bring a colossal profit to the traders.

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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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