Price Analysis

Dogecoin Exhibits a Meagre 2.2% Hike; Recovery is Still at Large

  • Dogecoin price grew by 2.2% in the last 24 hours.
  • It may find the next resistance at $0.002696.

Dogecoin has shown signs of strength in the last 24 hours. With three major price variations, DOGE has been up by 2.2% in these hours. The price variations have been in the range between 0.00266 USD and 0.002463 USD.

Dogecoin Price Prediction

Dogecoin had its first swing in the initial 14 hours and 8 minutes, and these hours, it gained by 6.15% to be placed at 0.002666 USD. It was followed by a fall of 7.61% in the next 3 hours and 43 minutes, and it pushed the DOGE price to 0.00246380 USD by 17:51 UTC. Then, Dogecoin’s price started growing, and by 02:21 UTC, it reached 0.00266119 USD with the help of a 7.99% hike.

Dogecoin Price
DOGE Chart By TradingView

Dogecoin’s market cap has shown a slump in these 24 hours. In the said timeframe, it decreased to 320.8 million USD from 321.384 million USD.

The 20 days moving an average of DOGE is at 0.00258824 USD, and its 50 days average is at 0.0024499 USD. The current price at 0.00256757 USD is 4.80% more and 0.79% less than the 50 days average and 20 days average, respectively. The coin’s next resistance may come at 0.002696 USD.

Dogecoin (DOGE)Resistance & Support Levels
1st Resistance$0.002666
2nd Resistance$0.002696
3rd Resistance$0.002718
1st Support$0.002614
2nd Support$0.002592
3rd Support$0.002562
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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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