Dogecoin is seen trading upwards. The upside movement in the coin seems to stay longer this time. The month began with heavy volatility. The fluctuation has affected a lot of coins distinctively.
Dogecoin is known for following Bitcoin in the market. However, the current scenario is telling a different story. Dogecoin is booking profits and is expected to keep it similar for some time. Visit here for Dogecoin price predictions.
Dogecoin Price Analysis:
Last month, Dogecoin started at $0.002406. The price moved up from $0.002406 to $0.002706 by 12.49%. The uptrend couldn’t stay in the coin, and the price fell to $0.0023 with a regression of 13.61%. DOGE price jumped to $0.002863 by 22.38% immediately after the fall. There was another major fall that took the Dogecoin price down to $0.001921 by 32.97%.
The last few days experienced a recovery. The price reached $0.002406 and closed the month. The ongoing month began with a slight upsurge. Dogecoin moved from $0.002406 to $0.002555 by 6.19%. Later, the price fell to $0.002156 by 15.62%. Lately, there was an escalation observed that brought the price to $0.002676 by 24.11%.
Dogecoin is moving towards the immediate resistance level. We are anticipating that it would breach the next resistance level too. Here is the list of calculated resistance and support levels.
|Resistance Level||Price||Support Level||Price|
The future of the DOGE is expected to prosperous. It is also expected that the price and demand will surge. DOGE price prediction says that the price will reach all-time high in the next few years. The traders can dig-in with a prospect of profit. We would recommend the traders to opt for long-term investment. The specified period would give a maximum result.