All cryptocurrency markets remain subdued on this Saturday morning. Although that is not necessarily all that surprising given the current circumstances, some people expected some big reversals. Dogecoin shows some potential promise in this regard, as its push to $0.004 is still in play despite the recent dip.
Dogecoin Price Momentum Has Potential
It has become apparent a lot of people have high hopes for Bitcoin and other cryptocurrencies moving forward. In the case of Dogecoin, there is still some positive momentum left in the tank, despite the market not showing it at present. The altcoin is successfully recouping some of the losses sustained earlier this week, which seemingly pave the way for a push to $0.004.
Over the past 24 hours, Dogecoin has regained some of the lost momentum. That doesn’t mean all net losses are wiped out automatically. There’s still a 27% deficit in USD value and a 2.55% loss over Bitcoin. Those deficits can be overcome with relative ease in the coming days and weeks. The trading volume of DOGE is still somewhat promising, considering how it is a weekend.
Speculators and traders also monitor the Dogecoin pricesituation closely. That is only normal, as this market has shown nearly the most upward potential throughout the second half of 2018. While there have also been numerous deficits ever since, it is still an intriguing altcoin for many different reasons.
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