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Dogecoin Behaves Ironically in Comparison with the Current Market Trend

DOGE was trading at $0.00227224 as on September 25, 2019 post which the value started falling until the next day. Due to a rise, price of DOGE reached $0.00227463 on September 26, 2019, however, unable to sustain the price started falling thereupon. On the same day DOGE was priced as low as $0.00203473. Later, Dogecoin managed to gain back its momentum and at present indicates an upward trend.

DOGE to USD Price Analysis:

Comparing the current trading price of DOGE with that of September 26, 2019; it indicates a bullish trend by almost 15%.

We anticipate that DOGE price will continue to rise marginally tomorrow, and it can be traded close to $0.00233415.

Today, DOGE is expected to be traded in the range of $0.00208297 and $0.00234656. Since the coin is exhibiting a contradictory trend when compared with the market trend; we recommend going short with the existing investment as per the current momentum. The MACD indicator also confirms the bullish outlook as the MACD line crosses the signal line. As per the Dogecoin price prediction, the coin can reach newer price heights in the upcoming years, showing the huge potential that the coin holds.

Vivaan Shah: Vivaan Shah is a professional Forex and Cryptocurrency Market Analyst with a background in Finance. He has worked in several foremost publications before getting into NameCoinNews. He has been involved in the cryptocurrency for years. He loves to spend his free time in recording podcasts for crypto beginners. He also enjoys to explore cryptocurrency products.