Dogecoin Price Analysis: DOGE Is Moving To Bearish From Bullish Market

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The followers of Dogecoin are still waiting for an announcement of some big project. However, there are no such big fat projects we have noticed these days. But one has to agree that even with the image of the coin that started as a Joke is now competing in the market with millions of users and traders already.

MEME coin is not taken seriously, but in order to increase and admire the gravity of the same, Dogecoin must come up with some real time projects soon.

To find more details about Dogecoin predictions, you can visit our forecast page.

Price Analysis of DOGE on 14th June 2019:

On 14th June at 21:04:31 UTC, the value of DOGE is trading at $0.00298371. The remaining essentials are as follows:

Since the past 5 days, the highest and lowest of the value was seen on 13th and 9th June respectively. The highest value was trading at $0.00314528 and lowest at $0.00285447. The value today has increased by 4.5% from the lowest and dropped by 5.13% from the highest respectively.

DOGE Price Comparison:

Users following Dogecoin from one month can notice that the value is fluctuating in a safer zone as of now. The value today has increased by 51% from the lowest, which was realized on 31st April (value trading at $0.00203325). And the value today is dropped by 25% from the highest value which was realized on 4th April where the value was trading at $0.00412786.

Doge Price Prediction and Conclusion:

Dogecoin seems to move slowly from Bullish to Bearish nature considering the 30 days analysis. For a safer trade, the resistance and support zone can be considered between $0.00320 and $0.00295 respectively. And for those users who are just trying to bring storm in the market by questioning if Dogecoin may reach $1 by the end of 2019, well they also know that somewhere it is not possible right now!

As per the dogecoin forecast, the coin has a long journey to fight before it reached $1.