Today, we will analyze some of the past prices and market opinions of the DOGE cryptocurrency to develop a Dogecoin price prediction for March 2020.
Dogecoin first came to light in 2013 at the height of the madness of the Doge meme. The currency has accumulated over the years a dedicated fan base and is mainly used as advice on certain social networking sites as a reward for quality content.
Dogecoin (DOGE) is currently trading at around $ 0.002644, with a 0.86% increase in the last 24 hours. Cryptography is ranked 33rd according to a market capitalization of $ 326,313,740 with a circulating supply of 123,406,235,443 DOGE. Reported Cryptocurrency.
In the last 24-hour period, Doge coins worth $ 182,697,142 were traded. This shows an increase over the 24-hour trading volume of $ 80,264,466 recorded at the beginning of February.
Dogecoin price prediction: analysis
Dogecoin was priced at $ 0.00258 on January 19, but saw a loss of 9.41% towards its closing hours, bringing it to $ 0.00234. The currency opened at approximately the same level on January 22, but DOGE went from $ 0.00243 to $ 0.002323. The currency rose to $ 0.00244 in a big rise of 13.79% towards the end of January. The currency maintained this level on February 1, opening at $ 0.002391.
Thereafter, the currency continuously reached the resistance level of $ 0.0025 until February 4. On February 5, DOGE opened at $ 0.002503 and touched a new resistance level of $ 0.0026.
On February 7 we saw another climb and a new monthly maximum of $ 0.002770. The bullish momentum continued fiercely, since the next day, DOGE closed at $ 0.003159.
On February 9, The currency experienced a large increase that drove the price to $ 0.00353. A sharp correction occurred immediately after that, as expected, bringing the price to $ 0.00283. Towards the end of the day, the price managed to recover to $ 0.00323.
The next few days, Doge struggled to stay above $ 0.003, closing at $ 0.0029, on February 15. The next day, the currency fell below $ 0.003 and closed at $ 0.002774. On February 18, the currency saw a positive move, as it reached $ 0.002839.
On February 19, the currency showed positive intraday growth, as it was trading at $ 0.002802 after reaching $ 0.00297.
Source: cryptonewszSource: cryptonewsz
The pivot, resistance and support levels calculated by WalletInvestor are:
Resistance Level (R3): 0.003095
Resistance Level (R2): 0.00297
Resistance Level (R1): 0.00290
Pivot point: 0.00278
Support level (S1): 0.00271
Support level (S2): 0.00259
Support level (S3): 0.00252
In terms of news and developments about Dogecoin, do not There have been mentions at the time of writing this article. This is a concern for the project, since other cryptos have a solid road map and a development plan to promote the adoption of their currency or the functionalities of their network.
Dogecoin price prediction: market opinion for March 2019
There have been several sites that have published their own Dogecoin price prediction for March, and we decided to present some of them to better reflect the market sentiment for DOGE.
Tradingbeasts expects Dogecoin to reach $ 0.0035118 in early March 2020. The maximum probable price is $ 0.0043766, and the minimum price is $ 0.0029761. The site expects the currency to close the month at a price of $ 0.0035013.
Cryptoground predicted that in a month, the price of Dogecoin will reach $ 0.0024, which means a decrease of -14.86%.
Digitalcoinprice made a very positive prediction of the price of Dogecoin for March 2020, expecting the currency to be priced at $ 0.00508082, which means an increase of 81.46%.
Gov.capital believes that Dogecoin will start in March at a price of $ 0.00266, with an estimated maximum of $ 0.003059 and a minimum of $ 0.002261. The site also predicted that on the last day of March, DOGE will have an average price of $ 0.00171, a maximum of $ 0.0019665 and a minimum of $ 0.0014535. The site also provided price predictions for the rest of March.
|Calendar date||Regular||Minimum possible price||Best possible price|
|2020 March 1, Sunday||0.00266||0.002261||0.003059|
|2020 March 2, Monday||0.00259||0.0022015||0.0029785|
|2020 March 03, Tuesday||0.00245||0.0020825||0.0028175|
|2020 March 04, Wednesday||0.00237||0.0020145||0.0027255|
|2020 March 5, Thursday||0.00240||0.00204||0.00276|
|2020 March 6, Friday||0.00219||0.0018615||0.0025185|
|2020 March 7, Saturday||0.00212||0.001802||0.002438|
|2020 March 08, Sunday||0.002014||0.0017119||0.0023161|
|2020 March 9, Monday||0.00196||0.001666||0.002254|
|2020 March 10, Tuesday||0.002036||0.0017306||0.0023414|
|2020 March 11, Wednesday||0.00197||0.0016745||0.0022655|
|2020 March 12, Thursday||0.00200||0.0017||0.0023|
|2020 March 13, Friday||0.00196||0.001666||0.002254|
|2020 March 14, Saturday||0.00195||0.0016575||0.0022425|
|2020 March 15, Sunday||0.00185||0.0015725||0.0021275|
|2020 March 16, Monday||0.00190||0.001615||0.002185|
|2020 March 17, Tuesday||0.00183||0.0015555||0.0021045|
|2020 March 18, Wednesday||0.00171||0.0014535||0.0019665|
|2020 March 19, Thursday||0.00179||0.0015215||0.0020585|
|2020 March 20, Friday||0.00183||0.0015555||0.0021045|
|2020 March 21, Saturday||0.00196||0.001666||0.002254|
|2020 March 22, Sunday||0.00192||0.001632||0.002208|
|2020 March 23, Monday||0.00189||0.0016065||0.0021735|
|2020 March 24, Tuesday||0.00191||0.0016235||0.0021965|
|2020 March 25, Wednesday||0.00187||0.0015895||0.0021505|
|2020 March 26, Thursday||0.00185||0.0015725||0.0021275|
|2020 March 27, Friday||0.00178||0.001513||0.002047|
|2020 March 28, Saturday||0.00184||0.001564||0.002116|
|2020 March 29, Sunday||0.00178||0.001513||0.002047|
|2020 March 30, Monday||0.00172||0.001462||0.001978|
|2020 March 31, Tuesday||0.00171||0.0014535||0.0019665|
Altcoinforecast predicted that Doge would start in March at a price of $ 0.0030, and also forecast a closing price for the month of $ 0.0032.
Bitverzo projected that on March 1, Dogecoin would have an average price of $ 0.000416, with a minimum of $ 0.002738 and a maximum value of $ 0.003583. The site also predicted that the currency would close the month at an average price of $ -0,000611, with a possible minimum of $ -0.003790 and a possible maximum of $ 0.002365. The site also provided a Dogecoin price prediction for the rest of the days of the month of March, as well as their respective minimum and maximum prices.
|Sunday, March 1, 2020||0.000416||-0.002738||0.003583|
|Monday, March 2, 2020||0.000368||-0.002572||0.003546|
|Tuesday, March 3, 2020||0.000304||-0.002623||0.003193|
|Wednesday, March 4, 2020||0.000253||-0.002942||0.003170|
|Thursday, March 5, 2020||0.000222||-0.002913||0.003482|
|Friday, March 6, 2020||0.000190||-0.002887||0.003127|
|Saturday, March 7, 2020||0.000144||-0.002781||0.003097|
|Sunday, March 8, 2020||0.000085||-0.002863||0.003130|
|Monday, March 9, 2020||0.000026||-0.003263||0.003163|
|Tuesday, March 10, 2020||-0.000045||-0.002924||0.003070|
|Wednesday, March 11, 2020||-0,000102||-0.002954||0.002802|
|Thursday, March 12, 2020||-0,000134||-0.003311||0.002933|
|Friday, March 13, 2020||-0,000165||-0.003151||0.002942|
|Saturday, March 14, 2020||-0,000207||-0.003323||0.002725|
|Sunday, March 15, 2020||-0,000260||-0.003406||0.003001|
|Monday, March 16, 2020||-0,000310||-0.003291||0.002879|
|Tuesday, March 17, 2020||-0,000370||-0.003564||0.002696|
|Wednesday, March 18, 2020||-0,000414||-0.003188||0.002653|
|Thursday, March 19, 2020||-0,000432||-0.003397||0.002771|
|Friday, March 20, 2020||-0,000446||-0.003350||0.002517|
|Saturday, March 21, 2020||-0,000470||-0.003777||0.002432|
|Sunday, March 22, 2020||-0,000503||-0.003646||0.002457|
|Monday, March 23, 2020||-0,000533||-0.003637||0.002606|
|Tuesday, March 24, 2020||-0,000572||-0.003452||0.002491|
|Wednesday, March 25, 2020||-0,000594||-0.003510||0.002516|
|Thursday, March 26, 2020||-0,000589||-0.003611||0.002389|
|Friday, March 27, 2020||-0,000580||-0.003678||0.002467|
|Saturday, March 28, 2020||-0,000581||-0.003611||0.002380|
|Sunday, March 29, 2020||-0,000590||-0.003587||0.002445|
|Monday, March 30, 2020||-0,000596||-0.003570||0.002398|
|Tuesday, March 31, 2020||-0,000611||-0.003790||0.002365|
Cryptorating predicted that in a month, the price of Dogecoin will be around $ 0.003535, which would constitute an increase of 25.98%.
Dogecoin price prediction: verdict
This has been our prediction of the price of Dogecoin for March 2020. Market opinions are very reserved, and some support that DOGE will begin to recover in a bullfight, while others see the depreciation of the currency in the following month.
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