Dogecoin (DOGE) has shown the remarkable potential of staying uptight during the heavy drops. Last month, when the entire market was drenched in blood, the coin opened at $0.0031 and closed at $0.0028. Well, the coin was seen getting badly affected by yesterday’s drop.
DOGE is now dealing at $0.0026. There is no sign of improvement in the intraday chart. We are expecting the coin would embark on recovery in the coming week.
Current Statistics of Dogecoin (DOGE):
The Dogecoin chart is taken from Trading View on 15th August 2019 at 03:22:05 UTC for price analysis:
The 15-day chart is reflecting a heavy downfall in price. The coin started dealing at $0.0029 at the beginning of the month and is presently at $0.0026. The drop is noted as 10%. The month started with an upsurge. The first took the coin up from $0.0029 to $0.0030 by 3.60%. Later, there was another progression that escalated the price from $0.0028 to $0.0030 by 7.92%. The coin was seen touching $0.0031 from $0.0027 by 15.01% on 6th August. The currency started dropping post the upsurge. Recently, the coin slipped to $0.0026 from $0.0030 by 13.21%.
|Circulating Supply||120,773,699,189 DOGE|
Dogecoin Price Prediction and Conclusion:
The market is slipping down with great speed. The same is affecting Dogecoin (DOGE) at large. However, the expectations for improvement are even brighter. The coin gets widely influenced by the momentum of Bitcoin. The same would take the price of the coin higher.
It can be anticipated that in the coming time, the price escalation probably would be fabulous. The long term investment would bring huge profit in the coin.