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Dogecoin Price Analysis: Dogecoin (DOGE) Price Under Market Pressure; Moderate Loss In The Price

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Dogecoin is reflecting a moderate loss in the price. However, traders are expected for the coin to touch its immediate resistance level of $0.0032 soon. After touching the said level, the Dogecoin is expected to escalate the Market Cap too.

DOGE to USD Price Comparison:

The chart is taken from TradingView on 13th August 2019 at 05:25:56 UTC.


Dogecoin price Prediction
Dogecoin price chart by TradingView

The overall price movement has not declined with a margin. On 7th August, the coin booked a fall of 12.02% from $0.00314146 to $0.00276584. On 8th August, the coin booked an escalation of 10.83% as the price counters switched from $0.002772 to $0.00307258. On 9th August, the Dogecoin switched from $0.00300186 to $0.00298166 by 0.67%. On 10th August, again the DOGE price fell by 8.93%. The price switched from $0.002974 to $0.0027079. On 11th August, the coin escalated from $0.002818 to $0.00287421 by 1.99%. On 12th August, the Dogecoin jumped from $0.002874 to $0.002958. The hike was of 2.7%. The coin is currently dealing at $0.002951.

Current Statistics of Dogecoin:

ParticularsDogecoin (DOGE)
Price0.00285121 USD
ROI411.67%
Rank29
Market Cap345,262,763 USD
24-Hour Volume24,022,468 USD
Circulating Supply120,759,703,220 DOGE

Dogecoin Price Prediction and Conclusion:

The traders who are interested in investing Dogecoin should plan for the long-term. There is a high prospect of an upsurge in Bitcoin which indicates a jump in the Dogecoin too. Hence, we are certain that the investment in DOGE wouldn’t go futile.

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Dogecoin

Dogecoin Price Analysis: Is DOGE Going to Upsurge Soon or Do We Wait for the Same?

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It seems that DOGE might be expecting some support from the Jamaican Bobsled Olympic team to support the coin for the race. However, nothing is confirmed, but since DOGE helped them out to be an outstanding performer in the sports, they might want to return the favor now!

Current Statistics of Dogecoin:

The value of DOGE is recently seen trading at $0.00264 at 03:04 UTC on 18th August 2019. The other essentials in the chart are as follows:

  • Market Ranking: @29
  • Return of Investment: 372.57%
  • Total supply/Circulating Supply: 120,815,306,244 DOGE/ 120,815,306,244 DOGE
  • 24 Hour Volume: 18,444,779 USD
  • Market Cap Value: 319,025,765 USD
  • 7 Day high/low: 0.002902 USD / 0.002561 USD

DOGE to USD Price Comparison:

Dogecoin Price Prediction
Dogecoin Price Chart by TradingView

Considering the data from the last 30 days, initially, the highest value was seen on 20thJuly at 16:30 UTC with the trading value of $0.003207. The value then dropped by 17.09% on 28th July at 22:30 UTC trading at $0.002659.

Then the value increased by 20.13% on 5th August at 19:30 UTC with the trading value of $0.003190. The value dropped by 22.27% on 16th August at 06:30 UTC when the trade changed to $0.00248. The value then increased by 6.88% from then as of now.

Dogecoin Price Prediction and Conclusion:

DOGE might be seen right now in the slight bearish zone. However, it might progress slightly in the bullish zone too. The overall performance of DOGE has been really surprising since the beginning, but it is definitely for a MEME coin anymore.

For a safer bid, the resistance support level might help the traders to avoid any losses:

R3: 0.002755

R2: 0.002723

R1: 0.002684

Pivot Point: 0.002652

S1: 0.002613

S2: 0.002581

S3: 0.002542

August seems to end soon! The hope is to see the touch down of $0.007 for the DOGE followers to celebrate their returns by the end of 2019.

Source.cryptonewsz.

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Dogecoin

Dogecoin Price Analysis: Dogecoin (DOGE) Price Recovery Gets Ruined; DOGE Back to $0.0028

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Dogecoin price was marking recovery from the last two days. The traders were looking up for a higher level and were quite hopeful for the steadiness in the coin.

Well, the anticipation of upcoming upsurge got ruined. DOGE fell tremendously on the intraday chart. Dogecoin is back at $0.0028. It seems like the Dogecoin wouldn’t end at the happy note in this month.

DOGE to USD Price Comparison:

The chart is taken from TradingView on 28th July 2019 at 03:59:04 UTC.

Dogecoin price chart - july 28
Dogecoin Chart By TradingView

The Dogecoin chat from yesterday is showing heavy price movement. The coin opened at $0.002848 on 27th July. The coin immediately picked and jumped to $0.003055 by 7.25%. Later, the Dogecoin price marked a huge drop of 9.13% from $0.003015 to $0.002740. The intraday loss was of 3.76%. Today, the coin opened at $0.002739. Currently, DOGE price is dealing at $0.002837. The profit marked is 3.55%.

Summary of the Dogecoin statistics:

  • Doge price is dealing at 0.00283763 USD.
  • ROI stands at 408.23%.
  • The Market Cap is marked as 342,312,790 USD.
  • The 24hr volume is noted as 20,383,754 USD.
  • The circulating supply has 120,538,124,948 DOGE.

Dogecoin Price Prediction and Conclusion:

The market cap of the crypto market is around $26 billion. At the beginning of the month, the market cap was about $33 billion. The tremendous loss has brought many coins down. Dogecoin was also among the coins, but there was steadiness noticed in the coin. We believe the same is due to the influence of Bitcoin.

Dogecoin is expected to touch $0.007 by the end of 2019. The investment in Dogecoin should be for the long term as it would give high returns.

Source.cryptonewsz.

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Dogecoin

Dogecoin Price Prediction Today: Daily (DOGE) Value Forecast

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  • Presently, the Dogecoin is fluctuating between the levels of$0.002500 and $0.003500.
  • The small body candlesticks appear to describe the indecision between the buyers and sellers at the current market price.

DOGE/USD Medium-term trend: Ranging

  • Resistance Levels: $0.003600, $0.003800, $0.004000
  • Support levels: $0.003200, $0.003000, $0.002800

Yesterday, July 11, the price of DOGE was fluctuating below the EMAs. The 12-day EMA and the 26-day EMA were sloping horizontally indicating that price was in a range bound move. With the exception of the upper price level, neither the bulls nor the bears have broken out  of the range bound zone. Presently, the Dogecoin is fluctuating between the levels of$0.002500 and $0.003500.

On June 26 and July 5, the bulls have broken out of the range-bound zone but the bears pulled back price into the range bound zone. However, the price of Dogecoin is likely to range a few more days because of the presence of small body candlestick. The small body candlesticks appear to describe the indecision between the buyers and sellers at the current market price. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal.

DOGE/USD Short-term Trend: Ranging

On the 1-hour chart, the price of DOGE is in a sideways trend zone. The 12-day EMA and the 26-day EMA was trending horizontally indicating a sideways trend. The crypto’s price is fluctuating below above the EMAs. The bears found support at the $0.0033500
Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal.

Source. bitcoinexchangeguide.

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