Dogecoin Analysis: Does Dogecoin (DOGE) Have What It Takes To Hit The $0.01 Mark Before The End Of This Year?

Since its emergence, Dogecoin (DOGE) has been outstanding in the digital currency space. The digital currency has encountered a lot of challenges, but those challenges only make the project stronger. The recent Amazon Dogecoin petition is one of the toughest the coin has ever experienced. Nevertheless, the Amazon Dogecoin petition is not able to stop the coin and crypto news, developments around the Dogecoin. Will Dogecoin hit $1? Will Dogecoin ever go up? With the recent Dogecoin price prediction 2019 and bullish crypto news around the digital currency, the price of Dogecoin will likely hit $1 in the near future.

Since the Amazon Dogecoin petition is not able to slow down the development of the coin, the digital currency will continue to surge higher and attain the bullish Dogecoin price prediction 2019.

Elon Musk Dogecoin Price Upward Trend – Will Dogecoin Hit $1?

The past week has been pretty amazing for the community members of Dogecoin (DOGE). It was interesting not just because there were lots of crypto news around the coin, but because it saw a massive price surge. The massive surge in the value of the coin was triggered by an April Fool’s joke – Elon Musk Dogecoin joke. However, the Elon Musk Dogecoin trend seems to have cooled off and the price of Dogecoin is now in a normal range.

Dogecoin was one of the first digital currencies to signal the start of the massive crypto bull run that saw the price of Bitcoin over the $5k level. Many digital asset investors see Dogecoin as a great investment opportunity, they consider it as one of the best cryptocurrency to invest in 2019. Will Dogecoin ever go up? Will Dogecoin hit $1? There is money to be made with DOGE is involved; this is what has been keeping the digital currency alive under some circumstances. If Dogecoin can continue with its bullish trends and developments, the $1 Dogecoin price prediction 2019 could be achieved.

However, there are no much positive tractions and crypto news around the coin at the moment. While many still believe in the coin, some analysts have reduced their Dogecoin price prediction 2019. They have brought it down to something much more achievable before this year runs out.

Dogecoin Price prediction 2019 – Dogecoin Price Analysis

Dogecoin price analysis shows that the digital currency looks set to test new highs in the short-term. Dogecoin responded very well to the recent crypto bull run. Even though the traction around the coin has reduced, the digital currency is poised for more gains. But this will happen if only it breaks over its immediate resistance and holds gains over its strong support level.

The price of Dogecoin (DOGE) is currently facing resistance at the $0.003 level. The immediate support of the coin is at the $0.0026 level. A break below this level will see the coin plunged towards the $0.0022 level. But a break over its resistance level will pave the way for more gains over the $0.0035 and $0.004 levels.

Will Dogecoin Ever Go Up?

What will the price of Dogecoin be before the end of this year? With the positive crypto news and development around the digital currency, Dogecoin price might hit the $0.01 level before the end of this year. While many are hoping the price of Dogecoin will hit the $1 level before the end of this year, the $0.01 level is a more realistic Dogecoin price prediction 2019. Does this make Dogecoin the best cryptocurrency to invest in 2019?

Princess Ogono is a writer, lawyer and fitness enthusiast. She believes cryptocurrencies are the future. When she's not writing, she spends time with her adorable cat, Ginger and works out often.


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