Dogecoin has gone from being the joke of the cryptocurrency space to one of the most promising projects around. Members of the cryptocurrency community are eagerly searching for Dogecoin price prediction 2019, Dogecoin latest update Dogecoin news and many other queries related to Dogecoin. People are asking questions like why is Dogecoin going up, Will Dogecoin rise again, is Dogecoin worth it, when is the best time to buy Dogecoin, etc. These questions all have answers as the upward trend in the price of Dogecoin has moved beyond the Elon Musk Dogecoin hype to something more concrete. Is the Dogecoin price prediction 2019 bullish or is the current price action only temporary?
Dogecoin Price Prediction 2019 – Dogecoin News Update – Dogecoin News Today – Elon Musk Dogecoin To The Moon
Yesterday, the price of Dogecoin maintained the uptrend amid a market wide correction. The cryptocurrency is bullish short, mid and long-term. This is because against the price of BTC, Dogecoin reached bottom when it hit 034 satoshis and it has been on a bullish spree since then. Right now, the DOGE to BTC pair is at 041 satoshis and the next major resistance is at 046 Satoshi according to the Dogecoin price analysis on Captainaltcoin.com.
Bitcoin (BTC) Price Today – BTC / USD
The price of Dogecoin is moving along the 20 day EMA but the goal is to move across the 50 day moving average. Right now, the bullish rally would be confirmed as soon as the price of DOGE reaches the 200 day moving average which happens to be at the 046 Satoshi level. As soon as it crosses this level, the DOGE to BTC pair will have a smooth ride to the 060 satoshi level. On the down side, the piece of DOGE will fall as low as 034 satoshis if it doesn’t gather enough momentum to cross the 046 Satoshi level. However, it’s unlikely that the price of Dogecoin is going to fall anytime soon as the indicators point to a bullish breakout.
Dogecoin Price Prediction 2019 – Dogecoin News Update – Dogecoin News Today – Current Price Of Dogecoin
At the time of writing the price of Dogecoin was $0.003228. It is down by 0.06% against the USD and up by 4.01% against the price of Bitcoin. The trading volume over a 24 hour period is $67,151,445 and the market capitalization is $385,811,900. At its current growth rate, the price of Dogecoin will hit $1 before the end of the year. If you want to benefit significantly from it, buy now and hold long-term. If, on the other hand, you’re looking for short-term gains, you should wait until the price correction sinks in before you buy and sell when it hits $0.0050.
What do you think about the Dogecoin price prediction 2019 in our Dogecoin news update? Will the price of Dogecoin hold its ground against the USD and BTC or will it fall significantly? Share your thoughts about the Dogecoin news today below.