Dogecoin (DOGE) Got Mauled by the Bear, Falls to $0.0020

  • Dogecoin lost almost 4% in the last one day and reached $0.0020.
  • The next resistance may fall at $0.0022.

The price of Dogecoin has been down by 4% over the 24 hours, and with huge variations, the value has now fallen to 0.00206 USD. The five price swings have given a range of 0.0022 USD and 0.0020 USD.

Dogecoin Price Analysis

Dogecoin witnessed its first swing between 01:05 UTC and 08:52 UTC and this swing took the DOGE price from 0.0022 USD to 0.0020 USD. It was followed by a hike of 6.52% that added 0.0001 USD, and this hike pushed Dogecoin price to 0.0021 USD by 14:05 UTC. The third variation happened over the next 2 hours and 11 minutes and this swing cost 0.0001 USD to place the value at 0.0020 USD again. However, the volatility of DOGE again took a tall of 8.21%; it soared as high as 0.00223875 USD by 22:06 UTC. Towards the closing of the day, it took a downward movement and touched 0.00209372 USD by 03:36 UTC today. Dogecoin price prediction, it is expected that by the end of this september month the price of Dogecoin may lie in between 0.024 to 0.025 USD.

Dogecoin (DOGE) Got Mauled by the Bear, Falls to $0.0020
Dogecoin Price
Dogecoin Chart By TradingView

Dogecoin’s current price is above its 20 days and 50 days moving average, and it shows that DOGE is in a process to welcome the recovery soon. The value in the short-term may rise with a medium-term bullish outlook. The next resistance may come at 0.00225 USD for Dogecoin.

Resistance and Support Levels

R1- $0.002256, R2- $0.002316, R3- $0.002389

S1- $0.002123, S2- $0.002050, S3- $0.001990

Roxanne Williams

Roxanne Williams has recently joined as a market reporter for CryptoNewsZ - the 24/7 crypto news site, where she produces recent stories, technical analysis and price updates on world's leading cryptocurrencies.

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