This content has been archived. It may no longer be relevant.
Dogecoin has continued its struggle and breached its major support. Over the last 24 hours, it has been down by 2.91%, and the market sentiment on DOGE may remain the same for the next few days.
Dogecoin Price Prediction
Dogecoin was being traded at $0.00204459 at the starting of the day, and its first swing started at 00:22 UTC. Over the next 14 hours, Dogecoin managed a 5.16% hike that added $0.00010146 and placed it at $0.00206706. The next few hours gave mild shocks to the investors due to volatility. However, another boost happened between 15:03 & 20:20 UTC. This swing added $0.00010723 to the value and pushed Dogecoin price to the highest for the day at $0.00209666. Apparently, according to DOGE coin forecast, this high figure could not be sustained for long and faced a price drop of 5.51% by 03:30 UTC.
Advertisement
Dogecoin’s current price is yet to go near its 50 days MA ($0.00200547) and 20 days MA ($0.00201325). It hints at the continuation of moderate movement with no significant changes in the near-term. Investors are advised to trade cautiously to avoid any misfortunes.
Resistance & Support Levels
R1- $0.002102, R2- $0.002137, R3- $0.002160
Advertisement
S1- $0.002044, S2- $0.002021, S3- $0.001986
