Dogecoin has been falling for quite some time. The coin tried to fight its way up, but couldn’t. The market can still be seen dripping today. Almost all coins on the market are soaked in blood. There’s not much expectation of recovery from the rest of the day.
However, Dogecoin is reflecting positive signs of an uptrend in the coming month. The dealers are looking for the same thing. Let’s take a look at the DOGE chart to better understand the current dynamics of the coin.
DOGE to USD price comparison:
The chart is from TradingView on August 29, 2019 at 09:17:26 UTC.
Dogecoin Chart from TradingView
Yesterday the coin opened at $ 0.0026. Dogecoin The price stayed the same for almost 16 hours. There was a sharp drop that raised the price from $ 0.0026 to $ 0.0024. The regression was 8.61%. The coin closed at $ 0.0024. The coin closed on the same level with an intraday regression of 8.18%. Today the DOGE was trading at $ 0.002481. DOGE took a deep ride of 5.98% where the price changed from $ 0.002481 to $ 0.002332. DOGE is now trading at $ 0.002449.
Current statistics from Dogecoin:
- The Dogecoin price is trading at $ 0.002449.
- The ROI is 330.83%.
- The circulating supply has 120,981,612,398 DOGE.
- The market capitalization is 291,246,737 USD.
- The 24-hour volume is $ 25,956,249.
Dogecoin Price Prediction and Conclusion:
Dogecoin The award has shown remarkable potential over the past few weeks. The coin is currently largely under market pressure. If we compare the price of DOGE during the opening of the month which was at $ 0.0029 and now it is at $ 0.0024. The regression of the DOGE price was marked with 17% in the last 30 days. At the moment, the exact Dogecoin prediction would be completely vague. Hence, traders are advised to stay in the market and wait for some stability in the market.
The altcoin market is expected to end the month in a loss. Dogecoin also seems to have a similar trend. We recommend waiting for improvements before investing.