DOGE Price Prediction

Dogecoin is a cryptocurrency that was created on December 6th, 2013 based on the popular “Doge” Internet meme and features a Shiba Inu on its logo.

The codebase of Dogecoin was a fork of Litecoin, in which most of the same features such as hashing algorithm are the same, with the only difference of branding and large inflationary supply. Dogecoin followers have always been asking if Dogecoin would ever reach $1. It is hard to say where the price action will go, but high volatility seems to be a mainstay as the utility of the cryptocurrency remains unclear being a meme coin. Its 24 hour trading volume was $1,280,026,429 and its Marketcap is $16,986,785,192. Let us review DOGE price.

DOGE Price Prediction

doge

DOGE has broken the support zone of $0.1581. It is likely to continue the bearish momentum and break down towards the lower support zone of $0.0939. This could be the possible bottom for DOGE. Once the support zone of $0.1581 is taken back, we could start seeing a bullish momentum. A move towards $0.2049, $0.2338, $0.2578, $0.2806, $0.3139 and $0.3563 could be possible.

Join us on Telegram to receive free trading signals.

For more information on cryptocurrency, visit the Altcoin Buzz YouTube channel.

Images courtesy of TradingView.

Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.

Do your own due diligence and rating before making any investments and consult your financial advisor. The researched information we present we believe to be correct and accurate. However there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

 

 

 

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.