- Dogecoin trades at $0.00196—marks a fresh 90-day low
- The trading price of Dogecoin at press time is slightly supported by 10-day and 50-day MA
- The coin marks a notable downtrend of over 8% in just two days
Dogecoin price is a clear demarcation of the bearish trend as it has hit the major support level at $0.0020 and trades at $0.00196. There has been a rapid slip from $0.00214 to the current trading price range. The 10-day and 50-day moving averages have been moving adjacently and the 50-day MA records a drop as there has been no instance of price rise for a long time now.
Dogecoin Price Prediction:
Therefore, click here to know more about the future of Dogecoin and downs related to the DOGE cryptocurrency.
Technical Indicators:
Dogecoin lost the 200-day moving average support as it took a dip below $0.0021 and has slight from 10-day and 50-day MAs.
The MACD of DOGE is seemed to be approaching the zero line and holds a bearish outlook.
The RSI of the coin is at 47.22 and moves moderately volatile, also holds no extremities at present.