Dogecoin Price Analysis – DOGE Continue to Enjoy Bull Market

While Bitcoin Price is currently showcasing the bullish trend breaking the $11k Barrier, Most major altcoins are also following the footsteps of the leading coin. At present Bitcoin is the leading cryptocurrency in terms of gains followed by Ethereum classic and Dogecoin with more than 5% gains. Currently, the total market cap is $305 billion with  $56,758,191,309 24h Vol. 

Dogecoin Price is currently moving with perfect price momentum. On 5th August, the DOGE price opened with a spike of 6.74% escalating from $0.002841 to $0.003033.

At press time, Dogecoin is trading at $0.003042 with 5.60% growth. In terms of DOGE/BTC, the coin is trading at 0.00000026 BTC with -2.52%. However, the DOGE coin Price is expected to remain the same for the rest of the day.

Currently, the dogecoin is holding 29th position. Also, the current market cap of DOGE is $366,926,069 with $20,979,261 24 hour volume and 120,635,056,505 DOGE circulating supply.

According to Technical Indicators 

  • The Relative Strength indicator has turned bullish on the one-hour time frame 
  • which is near 60 levels, indicating slightly over brought phase.
  • The MACD indicator has turned bullish on the one-hour time frame and continues to issue a buy signal.
  • The Parabolic SAR markers were below the candles and showcased a bearish market.

Since the last few days, Dogecoin has been performing remarkably well. However, the Dogecoin Price is speculated to cross $0.0070 by the end of the year. 

What’s your Doge coin prediction for the coming future? Find out top Cryptocurrency Price Predictions and Analysis.

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