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Dogecoin Price Prediction: DOGE/USD Price May Surge to New Highs

The popular Dogecoin (DOGE, Ð) begins its journey as a joke Coin. The Currency DOGE was created by Billy Markus from Portland as fun cash naming it after the Shiba Inu “doge” meme. Before long, it started gaining interest, which increases the value of DOGE, with a huge number of users, and entire Internet community planned around sharing the currency and posting memes about the coin on the web. The consideration satisfied, putting it among the top digital currencies. Dogecoin was Forked from Litecoin in 2013, in order to incentivize content contributors on Twitter and Reddit. Dogecoin is a blockchain-based decentralized peer-to-peer cryptocurrency enabling fast and secure transactions.

With a market cap of 322,904,655 USD as of April 24, 2019, at 11:54:00 UTC, Dogecoin (DOGE) is positioned 26th in the top 100 digital currency list by the CoinMarketCap. The cost of the coin is exchanging at 0.0027 USD and 0.00000048 BTC the 24 h volume is recorded at 37,983,328 USD and ROI has achieved 384.98%. The circling supply of DOGE is the same as the absolute supply, which is 119,211,125,092 DOGE. With the solid support and conviction of the investors and the coin network, DOGE is relied upon to make it to the top 25 list soon and can possibly scale the coin stepping stool further before the years over.

Correlation:

The upward pattern of 35% has been found in the previous month. As on March 25, 2019, at 05:34:00 UTC, the market cap was 244,435,177 USD, the price was 0.0020 USD and 0.00000051 BTC and 24 h volume was 16,510,708 USD. The price has topped to 0.0040 USD in the previous 30 days and 0.0029 USD in the previous 7 days while minimal was recorded at 0.0020 USD and 0.0027 USD individually.

Will dogecoin increase in value? Let’s take a comprehensive look at Dogecoin potential and speculate dogecoin price in 2020 in our next dogecoin price prediction 2019 and dogecoin price prediction 2020. 

Doge Price Prediction:

DOGE’s growing demand and adoption as a payment method in online retail stores shows that the coin is setting down deep roots for more. Subsequently, investing in DOGE is a decent alternative as the price is relied upon to increment to 0.004 USD to 0.008 USD before the end of 2019. From a 2-year viewpoint, it is surely over 0.01 USD as it picks up trust from real players. Indeed, even the coin did not change much amid the ongoing hit to the Cryptocurrency market and had the capacity to keep up its force amid harsh occasions too. Being free of Bitcoin gives it an edge to last long and stay unaffected. The faster transaction time and expansion of other inventive highlights may very well do the miracle for the coin.

On the 1-hour graph, the cost of DOGE is in a bullish pattern. The crypto’s price is over the 12-day EMA and the 26-day EMA, which demonstrates that price, is probably going to rise. In the event that the bulls push higher and support the cost over the EMAs, the crypto’s price will achieve the past high.

Today, the price of DOGE is exchanging at $0.002545 as at the season of composing. The crypto’s price is over the 12-day EMA and the 26-day EMA, which demonstrates that cost is in the bullish pattern zone. The MACD line and the flag line are over the zero lines, which demonstrate a purchase flag.

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About Steve Anderrson

Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain. Join the official channel of thecoinrepublic, For the latest news updates: https://t.me/thecoinrepublic

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