In the month of November, the price of Dogecoin has been declining, and the meme coin has faced bearish trends. Along with that, the bulls of the coin are not being able to wait for solid support to restart an uptrend and the recovery.
However, the price recovery of the virtual currency isn’t on the right track. Furthermore, the bulls of meme-based crypto are trying to push the price at 0.26 USD.
Some experts and analysts believe that if the bulls of meme token can control the green ascending trend line, then there’re chances of uptrend and price recovery of Dogecoin.
Dogecoin is currently trading at $0.216 USD with a 24-hour volume of $1,382,119,005 and has fallen 2% in the last 24 hours according to CoinMarketCap.
Dogecoin Price Prediction
In the upcoming 24 hours, the price of Dogecoin is in the range of somewhere between $0.20 and $0.22. Therefore, the overall 24 hours recommendation is Selling.
At the time of writing, the Dogecoin is trading at $0.2168, almost 4.25% lower than the previous day.
As per the predictions and analysis from some experts, DOGECOIN has been somehow at the same resistant level of 0.19 for a while; therefore, it has a chance to reach the price of 0.34 in the near future.
However, some experts and analysts also believed that this rally could continue to its new ATH. This means, all the analysis and predictions from different experts and analysts are not familiar with one another.
Therefore, if you decide to invest some amount in this currency , make sure that you have already done your research and analysis because experts have their vision and opinion regarding predictions and forecasts.
Meanwhile, some experts of cryptos have decided the resistance levels at the price of $0.2250, $0.2300, and $0.2400. While in the case of support levels, they’ve been at the levels of $0.2175, $0.2100, and $0.2000.
Since it is an open-source, peer-to-peer cryptocurrency, therefore, the traders and investors of Dogecoin have seen unusual changes in the price. Besides this, because of its volatile nature, it sometimes becomes difficult for observers and analysts to give you accurate price predictions.
Dogecoin Total Supply and Market Cap
|Current Market Cap||$28.7B|
|Change of Price in Last 24 hours||(-) 5.34%|
|Total Volume Traded||$1.57B|
|Change of Price in Last 24 Hours||(-) 5.30%|
|Market Cap Rank||9th (Down 1)|
Dogecoin Price Forecast: Social Media Data
|Social Volume Rank||5th (Steady)|
|Social Engagement Rank||2nd (Up 1)|
|Social Dominance Rank||5th (Steady)|