Price Analysis

Dogecoin (DOGE) Makes a Loss of 7% in One Day

Dogecoin has been through three major price swings over the last 24 hours, and it has made an overall loss of almost 7%. The range of the swings has been in the range between 0.00263 USD and 0.00242 USD.

Dogecoin Price Analysis

Dogecoin opened the day at 0.00263649 USD, and over the next 13 hours and 6 minutes, it lost 4.53% value to be placed at 0.00251696 USD. The second variation happened between 14:04 UTC and 18:36 UTC, and this 7.27% swing cost it 0.00019 USD and pushed the DOGE price to the lowest of the day at 0.00242848 USD. It was followed by an 8.14% hike that added 0.00019 USD to the value, and it helped Dogecoin price to reach 0.00262619 USD by 22:43 UTC.

Dogecoin Price
DOGE Chart By TradingView

The market cap, however, has shown an increment over these 24 hours. Between November 18 and 19, the market cap has risen to 316.852 million USD from 314.572 million USD.

Dogecoin’s 20 days MA stands at 0.00247590 USD, and it’s 50 days MA is now at 0.00247994 USD. The current price at 0.00245454 USD is 0.86% and 1.02% less than the 20 days and 50 days moving averages, respectively. Dogecoin’s next halt may come at 0.002511 USD.

Dogecoin (DOGE)Resistance & Support Levels
1st Resistance$0.002677667
2nd Resistance$0.002779333
3rd Resistance$0.002843667
1st Support$0.002511667
2nd Support$0.002447333
3rd Support$0.002345667
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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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