Can Dogecoin Retest $0.0040 Near-term? Dogecoin Has A Bright Future

Dogecoin is now back to the $0.0031. Due to the price drop, the coin experienced a downside turn. Dogecoin was at $.0040 at the time Bitcoin was valued at $13,000. However, the market pressures brought down the coin. Gladly, those turbulent times seem to have passed and there are huge expectations that Dogecoin will steadily increase on the chart in the next couple of days, as it is striding along, with strong momentum. Hopefully, Dogecoin will soon be at $0.0040 again. Crypto traders are largely impressed by this development.

For a better understanding of this coin, let’s look into its chart in the last three months:

As at 20th April 2019, the coin was trading at $0.0028, which immediately fell to $0.0023. In May, there was an upsurge by the coin and the price went up from $0.0025 to $0.0036. At June, the coin suffered a 13.67% drop in price, going from $0.0033 to $0.0029. It kept rising at a slow but steady rate during that period. July saw a great rise in price from $0.0032 to $0.0043, increasing by 34.20%. Still, in July, the coin fell from $0.0043 to $0.0027, marking a loss of 37.51%. Currently, the coin is steadily moving up again.

Dogecoin Price Prediction 2019 – Dogecoin News Today – Dogecoin Latest Update – Dogecoin To Surge To $0.0070?

From observable statistics, Dogecoin and Bitcoin seem to have a similar increase in price rate. This means Dogecoin is poised to attain new price heights with the approaching rally. By the end of 2019, Dogecoin has been projected to be trading at $0.0070. This coin is potentially one of the best options for long term traders.

Dogecoin news today – dogecoin opened today with a fall in price Although the coin is currently rising at a steady pace. Traders can benefit from the coin with intraday trading. The possibilities of achieving a strong growth coin in the future are quite high. The price of Dogecoin was at a high of $0.003135 and a low of $0.002971. As at the 19th of July, 2019, the volume of Dogecoin was at $20,956,541.

This Dogecoin statistics are taken from Trading View on 20th July 2019 at 06:27:36 UTC for price analysis:

Yesterday, the coin opened at $0.0032. The coin fell from $0.0032 to $0.0029 by 8.03%. Further, the coin picked from $0.0028 to $0.0030 by 7.36%. The currency couldn’t hold itself at the level and fell. The coin dropped from $0.0030 to $0.0028. The coin booked a regression of 7.83%. Later, the coin again fell by 6.47% from $0.0031 to $0.0029. The intraday loss was of 4.25%. The coin closed at $0.0030. Today, the coin fell from $0.0030 to $0.0029. The loss was of 4.85%. The coin is currently moving up.

XRP (XRP) Price Today – XRP / USD

NamePrice24H %
ripple
XRP(XRP)
$0.9900.690%

In April 2019, Ellon Musk, the founder of TESLA and SpaceX, tweeted that Dogecoin might just be his favorite cryptocurrency. “It’s pretty cool”, he tweeted. This tweet came a month after he called Bitcoin “brilliant”. Dogecoin is currently rated as the 25th most valuable cryptocurrency in the world by market capitalization, according to CoinMarketCap.

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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