Dogecoin Price Prediction for 2019

Dogecoin Price Prediction for 2019

Many Cryptocurrency users viewed the start of Dogecoin as a soon ending tale, yet, today the coin has grown to a market cap of $237,083,239. Even the dogecoin’s founders did not anticipate such a high rank and massive interest. However, the Doge has been struggling so far as it is currently trading at $0.002001. Dogecoin has been on a jerky off-road ride till now, and due to its highly volatile nature, it seems this may continue for the long term. "Dogecoin Price Prediction for 2019"

Dogecoin Price Prediction for 2019

Dogecoin (doge) is technically a fork of Litecoin and can be found on most Cryptocurrency exchanges and has quite a high circulation volume. This and many other indicators shows the dogecoin as a good choice for amateur crypto investors. Looking at the price of Doge price you will realize it quite low when contrasted with its competitors in the cryptocurrency market.

Furthermore, the coin seems to be forming back to previous lows as it is now trading close to its lowest value of $0.002 which is a price we have not seen since end 2017. A view at the technical price indicators Dogecoin has the vast majority very worrying. The dogecoin seems to be trading aside a bearish trace, which suggests more losses ahead for the cryptocurrency.

Dogecoin’s Doge future does not look too promising as expected by many enthusiasts, analysts, and the entire cryptocurrency community. In general, I personally predicted the cryptocurrency to keep the bearish trend for quite a long time and even possible to drop to a lower low in the timeframe with the possibility of losing a further 25% to reach $0.0015 by the end of mid-2019. users might see a rough ride for Dogecoin price, but if it can battle bears with it few bright sides then likely, things may as well turn for the good. 'Dogecoin Price Prediction for 2019'

As the hourly cryptocurrency market show minor signs of weakness, some coins will dip in the red pretty quickly. Dogecoin doge is one of the first to do so, which may come as a surprise to a lot of people. Although the dogecoin price losses are not even all that significant, the Dogecoin price is slowly turning bearish. Especially the DOGE/BTC pair ratio remains under a lot of pressure, for the time being.

In the crypto world, bearish hourly Bitcoin BTC charts can spell trouble for altcoins, regardless of their total market cap. Although a bearish hourly candle seems more than warranted after the recent gains, it is already spelling trouble for Dogecoin. The Doge meme currency of the internet is losing ground across the board. A dip below $0.002 price level may not necessarily occur, although it will be tight.

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