Is Doge meeting up to the Dogecoin price prediction 2019? How is Tezos faring?
A section of the early followers of Dogecoin (DOGE) have been claiming the digital asset is an ultimate money generator. They are of the view that Dogecoin has been pumping money within 30-week durations. While this notion may have sounded farfetched earlier in the year, currently it might be true. The reason for this is because DOGE price has been surging within a profitable direction.
In fact, since June 23, where the price of Dogecoin managed to reach $1.29. Despite this rise, the coin’s price began to fall again until June 26. As of when this content was published, the movement of the price of Dogecoin was reflecting a downside correction until today were it went into bullish territory. Analysts have now predicted that the price of the coin will continue showing some growth from today after entering bullish region.
Bitcoin (BTC) Price Today – BTC / USD
Dogecoin Price Prediction 2019 – Will Dogecoin Ever Rise?
In the last five days, price fluctuations have been observed in territories above and under the baseline. The least price point from last five days was when the price of coin was trading at $0.003002 on June 21. The price of the coin has increased by 8.2% since that date. The highest point for the price of Dogecoin was when it was trading at $0.003509, on June 25. Although it dropped by 7.4% only to pick up pace today. Maybe it was this drop that made the bulls manage to initiate a move via a slightly different direction.
However, the price of DOGE right now is making profits for traders in the month of June.
As of now, the price of Dogecoin is ranging in a bullish territory. Although it might be looking at the opposite direction partially. Traders must be keen on the valuation of the coin every minute. For now, it appears that the resistance and support positions are calculated between the $0.00347 and $0.00323 areas respectively. Traders have to hold on to their tokens since it is still within the bullish zone. Now, speaking of the Dogecoin price prediction 2019, DOGE might reach $0.007 if all parameters stay in play.
Tezos Price Falls To $1.06
In the last few days, after the price rise for Tezos on June 23, Tezos price was moving downwards. However, it is predicted that the price of Tezos will rise by today’s end considering the past efficiency and historical data of the coin.
If we are to compare the price of XTZ from June 23 to what it is today, the current price movement of the coin now reflects a downward pattern by at least 17%, which is temporary according to analysts.
Tezos Price Prediction 2019 – Will Tezos Ever Rise?
The price of Tezos may touch the $1.12 position by the end of trade today and 6 months after. It may reach the $1.3 position. If we closely observe the price movement of Tezos in the present shape, we will see that it shows a bearish activity. Per the Chaikin money indicator, we can see bullish divergence as the coin crosses the baseline. Hence, it is recommended that traders accumulate coins.
Going by the current market action, the next resistance positions for XTZ are $1.16, $1.22 and $1.27.