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Price Analysis

Dogecoin Reflects Stable Movement; Is The Coin Indicating Improvement?

Dogecoin was seen dropping from quite some time. The traders were pretty disappointed with the coin. Well, today, DOGE has yet again embarked the momentum in price. The price is keeping the level intact around $0.0024.

The altcoin market is currently indicating the commencement of recovery mode. The day started with the downtrend in almost all the coins. However, now, the coins are reflecting a slight improvement.

Dogecoin to USD Price Comparison:

Dogecoin Price
Dogecoin Chart by TradingView

Yesterday, Dogecoin opened at $0.002520. The coin started dropping from $0.002520 and went till $0.002332 by 7.44%. Then DOGE began surging and managed to close the day at $0.00246. The intraday regression is about 2.36%. Today, the coin again opened with a fall. DOGE price counters changed from $0.002465 to $0.002353 by 4.56%. DOGE is now reflecting an upside movement.

Current Statistics of Dogecoin:

Particulars Dogecoin (DOGE)
Price0.002445 USD
ROI337.49%
Rank29
Market Cap295,783,880 USD
24hr Volume27,759,923 USD
Circulating Supply120,995,511,967 DOGE

Dogecoin Price Prediction and Conclusion:

Today, it seems that Dogecoin has broken the downtrend. The coin is paving its way to the top and believes the day would end with a recovery digit on the price counter. The traders can expect a positive closing in DOGE. The investors interested in the coin can go for long-term investment plan in DOGE.

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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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