Dogecoin (DOGE) is Undergoing a Stable Horizontal Movement; Ross Took Over as The New Owner of the Project

Recently, the ownership of Dogecoin.com has changed and Nicole Ross replaced the position earlier held by Jackson. Additionally, Ross announced that they are looking out for a non-profit way of owning the Dogecoin for a longer-term.

Dogecoin Price Analysis:

On August 16, Dogecoin was trading at 0.00273066 USD. However, in a period of 25-days, the coin has gone down by 15.43%. Similarly, in the last 7-days of trading, it showed a decline of 7.39% from its earlier price of 0.00249790 USD on September 05. In the last few days, the coin is showing horizontal actions.

In yesterday’s trading, DOGE has made a marginal decline of 0.9%. Further, according to our prediction, it will trade around 0.05 USD by the end of the year. The immediate resistance for the coin is at 0.00248 USD and support stands at 0.002291 USD.

Dogecoin Price Chart:

Dogecoin Price Chart

The move of owning the crypto project as a non-profit entity is a smart one. It will help the community to entrust the crypto as a serious investment option. Currently, the coin is facing a bearish market trend. However, it will surely give some good returns after the market correction.

 

Recent Articles

eToro Broker Review 2020 – All You Need to Know About eToro Before Signing Up!

  Overview eToro was established in the year 2007, known as one of the leading social trading platforms. Offering more than 1,000...

Plus500 Review 2020 – What you need to Know before Signing up with this Broker

Overview Plus500 was established in the year 2008 and it offers online CFD...

Danal FinTech to Adopt a Complete AML Product Suite Developed by Uppsala Security

Decentralized cybersecurity solutions firm Uppsala Security announced on Tuesday that it had signed a cryptocurrency anti-money laundering (AML) solution contract with the South Korean mobile...

Bitcoin Scams and Regulatory Authorities: Things You Should Know

The decentralized nature of Bitcoin and other cryptocurrencies is like a double-edged sword. On the one hand, it provides freedom from any...

Bitcoin Vs. Banks: Why Banks Continue to Remain Preferred Choice?

The evolution of technology has divided the world as never before. On the one side, we have an army of technology advocates...

Related Stories

Leave A Reply

Please enter your comment!
Please enter your name here

Stay on op - Ge the daily news in your inbox