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Price Analysis

Dogecoin Suffers Due to Fluctuating Market Trend; Price Touches $0.0023

Since the beginning of the year, Dogecoin (DOGE) was seen taking positive leaps with decent price increments; it now seems to have gone back to the same price range from where it began on the very first day of the year (i.e. $0.23). Yesterday, Dogecoin’s price touched a high at $0.002362 and a low at $0.002290. The volume marked was at $40,093,923. Let’s see whether Dogecoin would break the mentioned counters today, or not.

The day started at $0.0023. The price escalated but soon fell. The fall was of 4.88% as it took the price down from $0.002367 to $0.00225. Further, Dogecoin value slipped from $0.00234 to $0.00222 by 5.13%. During the second half, the coin price jumped from $0.002207 to $0.002339 by 5.97%. The market pressure took the DOGE price again to $0.002191 from $0.002327 by 5.85%. The intraday fall was 3.6%, as DOGE to USD closed at $0.0022. Today, the coin was trading in the same range, around $0.0022 mark. Recently, the Dogecoin price reached to $0.0022 from $0.0021 by 4.80%.

Dogecoin Price Chart
Dogecoin Chart by TradingView

Dogecoin Price Prediction:

The market is expected to embark on an upsurge soon. Dogecoin is anticipated to have a great future ahead. The traders can dig-in with the high aim for long-term investment. We are positive that investing in DOGE wouldn’t go futile. The current market cap is noted as $283,014,457. The circulating supply is noted as 121,522,729,267 DOGE. The 24-hour volume is marked as $47,361,528. The ROI stands at 316.79%.

We are anticipating that in the coming weeks, the price of DOGE would be seen trading above $0.0024. By the end of the year, the price is likely to deal round its 30-Day high of $0.002993. The interested traders should pick long-term investments to earn huge profits.

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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