Price Analysis

Dogecoin (DOGE) Loses 3.39%; Yet Retains Value above $0.0025

Dogecoin has lost 3.39% value over the last 24 hours, and it has been under three major price variations. The three swings are in the range between 0.002599 USD and 0.002432 USD. The market cap of Dogecoin also has made a downward movement overnight.

Dogecoin Price Prediction

Dogecoin started the day at 0.00259971 USD, and over the next 1 hour, it made a huge 6.44% shift that cost it 0.00016 USD and pushes DOGE price to 0.002432 USD. It was followed by a 7.54% hike that added 0.00018 USD to the value and helped Dogecoin price to go as high as 0.00261642 USD. The last variation happened between 18:17 UTC and 01:42 UTC today, and in these 7 hours and 27 minutes, it lost 4.23% to touch 0.00250646 USD.

Dogecoin
DOGE Chart By TradingView

Dogecoin’s market cap also has been hit the same way its price. Between November 20 and 21, the market cap reached 311.771 million USD from 312.212 million USD.

Dogecoin’s 20 days MA roams around 0.00253157 USD, and it’s 50 days MA is few points below at 0.00253132 USD. Its current price is 0.79% and 0.78% less than the 20 days MA and 50 days MA, respectively. It hints that Dogecoin price is anticipating its next support point, and it is likely to come by 0.002444 USD.

Dogecoin (DOGE)Resistance & Support Levels
1st Resistance$0.002655
2nd Resistance$0.002754
3rd Resistance$0.00281
1st Support$0.0025
2nd Support$0.002444
3rd Support$0.002345
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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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