Dogecoin news 2019 – Dogecoin news since the beginning of the year has mainly been bullish. In the first week of April, the price of Dogecoin surged significantly following the Elon Musk Dogecoin hype. You see the CEO of Tesla had jokingly become the CEO of Dogecoin. As he participated in the April fools poll, the price of Dogecoin surged significantly against the USD maintaining a bullish momentum for more than 4 days. Since then, the meme coin has been on a roller coaster ride alternating between sideways trend and bullish bursts. A few days ago, the price of Dogecoin was fluctuating more than usual and struggling to find support or gather momentum. Yesterday, the trend change and the price of Dogecoin was able to move above the $0.0030 level again. Is Dogecoin dead? Will Dogecoin ever go up again? How can you maximize your Dogecoin profit.
Dogecoin Price Prediction 2019 – Dogecoin News Today – Dogecoin News 2019 – Dogecoin Projection – Dogecoin Finds Support At $0.0030
For the past few weeks, the Dogecoin bulls have been struggling to break out of the 34-46 satoshis level and move higher against the price of BTC. It found bottom at the 34 satoshis level before the trend changed and it moved up. However, it didn’t retest the local high of 44 satoshis and fell below the 40 Satoshi level. According to the Dogecoin price prediction 2019 on Cryptopolitain.com, the price of Dogecoin stayed in the 37 to 39 satoshis range for days until it eventually crossed it today. Dogecoin formed a new bottom at 35 satoshis. Shortly after, a bullish dojo appeared and Dogecoin has been bullish since then.
Even if the bulls gathered momentum, the price of Dogecoin is still facing a lot of resistance before it can test the 45 satoshi level again. This will happen as soon as it is able to enter the horizontal channel again. Another challenge that Dogecoin is facing is that the moving averages are bearish at this time. It is important that DOGE breaks through them to reverse the trend completely and prevent the risks of lower lows.
Bitcoin (BTC) Price Today – BTC / USD
Is Dogecoin dead? Due to the price trend of Dogecoin over the last few weeks, many investors were discouraged about the chances of survival of Dogecoin. Some predicted that Dogecoin will die shortly after it was created as a joke by a developer. However, the token has survived for a longer time that anyone expects. One of the biggest challenges Dogecoin is facing is that it has limited use cases when compared to other cryptocurrencies. There have also been no major developments on the network since inception. Will Dogecoin ever go up again? If the Bitcoin bull run continues there is a high chance that the price of DOGE will keep rising along with the other altcoins in the market. New use cases and developments on the blockchain will also help the Dogecoin price prediction 2019 and Dogecoin projection.
Dogecoin Price Prediction 2019 – Dogecoin News Today – Dogecoin Price Projection – Current Price Of Dogecoin
At the time of writing, the price of Dogecoin was $0.003128. This means that it is up by 0.44% against the USD and up by 0.47% against the USD. The trading volume over a 24 hour period is $79,738,024 and the market capitalization is $374,332,012. The next few days of trading will determine if the price of Dogecoin will hit $0.0050 per our previous Dogecoin price prediction 2019. Take your profit as soon as the price of Dogecoin hits the support at $0.0030.
What do you think about the Dogecoin price prediction 2019 in our Dogecoin news update today? Share your thoughts about this Dogecoin news 2019 below.