Dogecoin Price Keeps Experiencing High Volatility And Fluctuations, Is Dogecoin Dead Or Will Dogecoin Go Up?

Dogecoin has been having a hard time rising above the $0.0030 level as the price volatility and fluctuations have been more than usual in the past few days. Even after seeing evidence of the bullish Dogecoin price prediction 2019, people are becoming anxious about the price action and asking questions like is Dogecoin dead, why is Dogecoin falling, will Dogecoin go up? In our previous Dogecoin news update, we noted that the price of Dogecoin was primed to move above the $0.0050 level near-term. What are the odds that this Elon Musk Dogecoin price prediction 2019 will materialize?

Dogecoin Price Prediction 2019 – Dogecoin News Today – Dogecoin News Update – Is Dogecoin Dead – Why Is Dogecoin Falling?

According to the Dogecoin price analysis on Cryptopolitain.com, the price of Dogecoin has been on a rollercoaster ride for the past few days. This was after it experienced relative stability in the beginning of last week. The bearish correction of the price of Dogecoin was as a direct result of the price action of Bitcoin. As BTC moved downward against the USD, other cryptocurrencies, including Dogecoin, followed. Following the fall in the price of Dogecoin, it has been unable to find stability. The price of Dogecoin has been changing hands constantly. The only good thing is that it has stayed above the $0.0030 level.

Bitcoin (BTC) Price Today – BTC / USD

#NamePrice24H %
1
bitcoin
Bitcoin(BTC)
$8,154.95
-3.88%

Before the latest Dogecoin price correction, DOGE was trading at $0.0036. This level is now acting as resistance and the price of Dogecoin must surge above it if it is to keep up with the uptrend. Breaking this resistance will pave for higher highs above $0.004 and finally the long awaited $0.005. Before the price of Dogecoin can surge above this resistance level, however, it needs to find stability around the support at $0.0028 and $0.0024. It must not fall below these support levels to avoid greater losses against the USD. If it doesn’t, the next Bitcoin bull run will help it bounce back since the Dogecoin price prediction 2019 is still bullish. 

Dogecoin Price Prediction 2019 – Dogecoin News Today – Dogecoin Latest Update – Elon Musk Dogecoin Latest Price

At the time of writing, the price of Dogecoin was $0.003029. This means that it is up by 0.57% against the USD and up by 0.08% against the price of BTC. The trading volume over a 24 hour period is $56,183,411 and the market capitalization is $362,229,762. The Dogecoin price projection 2019 is bullish. So let’s answer a few questions that were raised in the beginning.

Is Dogecoin dead or will Dogecoin go up again? Dogecoin is not dead, well, at least not yet. The price of Dogecoin is falling as a response to the current market sentiment for altcoins. Dogecoin will go up again as soon as Bitcoin bounces back. The progress of the cryptocurrency this year has moved beyond the Elon Musk Dogecoin hype to something more fundamentally concrete. The Dogecoin price prediction 2019 is bullish against the USD.

What do you think about the Dogecoin price prediction 2019 in our Dogecoin news today. Share your thoughts about the Dogecoin latest update below.

Max writes about blockchain projects and regulation with a special focus on United States and China. He joined Smarterum after years of writing for various media outlets.

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