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.

 

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