When the altcoins started to rise against the USD along with BTC, the price of Dogecoin joined the rally a little late. However, the price of Bitcoin is now losing its momentum against the USD and other altcoins are following the same pattern. However, Dogecoin is still trading in green. According to the recent Dogecoin price analysis on CryptoNewz places the price of Dogecoin above the resistance at $0.005000 before the end of the year.
Dogecoin managed to get the attention of Coinbase, America’s most popular cryptocurrency exchange. As the token was added to the Coinbase Wallet, the confidence investors have in it increased significantly. This is because Coinbase only adds support for coins with prospects. This Coinbase association is one of the Dogecoin news updates that would support the adoption and price of the token long-term. Another Dogecoin news that would have a significant effect is the association Dogecoin has with Trippki.
Dogecoin Price Prediction 2019
Dogecoin (DOGE) Price Today – DOGE / USD
In the first week of April, following the Elon Musk Dogecoin joke, the price of DOGE increased by 80% within four days. Since then, it has been losing gains. Over the last 30 days, the market capitalization of Dogecoin is down by 15.31%. However, considering the positive developments and increase in adoption Dogecoin has managed to get within such a short time, the price of Dogecoin is most likely going to move as high $0.005000.
Before the Dogecoin price can get to this level. It will have to surge above the resistance at $0.00400 and $0.004500. This is expected to happen during the course of the year. The price would find support at $0.00150, $0.00200, and, $0.00250. If the more developments continue and the sentiment in the wider market remains bullish throughout the year, there is a high chance that the price of Dogecoin is going to hit these predicted levels. Source: Smartereum
Dogecoin Price Analysis – Dogecoin News Today
Dogecoin is one of the most unpredictable cryptocurrencies in space. The project came from nowhere and became one of the most popular cryptocurrencies in the market. Dogecoin news since the beginning of the year has been about one new milestone after another. In fact, many members of the cryptocurrency community are now seriously wondering; is Dogecoin worth it? Will Dogecoin continue to rise? Why is Dogecoin surging?
According to the latest Dogecoin price analysis on bitcoinexchangeguide; the recent surge in volatility has led the DOGE price to reach the previous high of $0.002987.
However, if the volatility is sustained above the EMAs the crypto’s price is likely to rise.
From the Fibonacci retracement level, the price is above the continuation zone of the 0.236 (23.6%) and 0.382 (38.2%) retracement level. The crypto’s price is retracing from the recent high at the $0.002900 resistance level.
On the downside, if the bears break below the 0.382 retracement level, the crypto’s price will fall. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. if the price action remains above the $0.0028500 price level, DOGE price would rise again.
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