Home / Analysis / Dogecoin (DOGE) Pricing Analysis: DOGE’s Gearing up for a Bull Run

Dogecoin (DOGE) Pricing Analysis: DOGE’s Gearing up for a Bull Run

The cryptocurrencies in the market have enjoying bullish movements, another currency has joined this movement and that virtual currency is Dogecoin. Dogecoin is achieving new things in the market and their recent partnership with Trippki might be a reason behind the increase in price. On the other hand, the market is full of the news about Elon Musk’s support for the currency since April. This news is viral on the micro-blogging site Twitter.

The value of the Dogecoin has increased by around 80% in the course of four days after Elon Musk aided the visibility rise of the coin. The Dogecoin performance is getting better in the market and its 2019’s value prediction is still bullish.

Dogecoin (DOGE) Price Status: Today, the value of the Dogecoin has increased by 9.26% and it is presently trading at the value of $0.003106 USD. The market capitalization of the Dogecoin is $371,132,872 USD and the 24-hour volume of the currency is $58,041,227 USD. The circulating supply of the coin is 119,503,297,976 DOGE.

Yesterday, it was trading at the value of $0.0027 USD and the market capitalization of Dogecoin was $330,779,932 USD at 07:44:00 UTC. The 24-hour volume of the currency was $47,834,168 USD. The figures of today and yesterday are clearly showing at the Dogecoin has joined the bullish movement in the market. It is clearly showing a significant increase in value.

Dogecoin has been trading between the range of $0.0024 and $0.0029 in the previous month. On April 04, 2019, the market capitalization of the coin was at $473,871,616 USD and the price of the coin is trading at the value of $0.0039 USD. The resistance level of Dogecoin was around the value of $0.0028 USD since the few weeks.

Dogecoin has achieved the value of $0.0187 USD in the previous year on January 7. It was the all-time high value of the Dogecoin. In the April, this year the value of Dogecoin has been increasing with few decreases, but the experts are predicting that Dogecoin will reach the value of $0.009 USD by the end of 2019 and can also achieve the value of $0.01 USD till the year 2020.

About Arushi Dubey

Arushi Dubey is a student of Bachelor in Arts( Psychology). She is pursuing Psychology in arts with English literature and French Language. She is well versed in the English language. She is good at expressing her thoughts into words. She is still getting more and more trained in gathering knowledge related to Crypto Currencies and expressing them.

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