Dogecoin (DOGE) Indicates Moderate Loss Over a Day

Dogecoin is currently spotted having a distinctive movement. Yesterday, Dogecoin’s price was seen trading downwards. It is speculated that DOGE price came under the market pressure and fell. The currency is still under pressure, but it looks like that the coin is trying to improve.

Yesterday, Dogecoin’s price was seen touching a high at $0.002735 and a low at $0.002679.  The volume of the coin was noted as $72,506,822.

Dogecoin Price Analysis

Yesterday, Dogecoin started dealing at $0.00279. The coin kept dealing at the same level for some time but later fell to $0.00261 from $0.00280 by 6.79%. Further, there was another fall that brought the price of DOGE to $0.00257 from $0.00274 by 6.07%. The price improved towards the closing hours and ended the day at $0.00263. The intraday movement in the coin brought 5.47% regression. Today, Dogecoin is reflecting a moderate move. The coin has registered an upsurge of 2.82% since the opening hour today.

Dogecoin is currently dealing at $0.002708. The price is likely to be tilted towards the immediate resistance level at $0.002747. There is a chance for Dogecoin to jump to the next resistance level at $0.002769. The currency is speculated to give a colossal profit in the future. The advice for traders in DOGE forecast, they are recommended to pick a long-term period for the investment.