In the last 24 hours, Dogecoin has lost almost 2%. From $0.0026 to it has fallen to $0.0023 in few days. Here is an analysis of the five price swings of the coin for the day.
Dogecoin Price Analysis
Dogecoin took a shift between 00:25 UTC and 04:54 UTC, and this shift cost the coin $0.0001 and placed it at $0.00236356. It was followed by a price recovery by 4.28%, and this recovery made an addition of $0.0001 and pushed the Dogecoin price to $0.00246338. The next variation is an important one as it pushed the DOGE to the lowest of the day at $0.00229356 after a 6.88% fall by 19:45 UTC. It was followed by an increment of 7.06%, and this increment happened between 19:45 UTC and 00:16 UTC and this increment added $0.00016 to the DOGE. The latest swing of the coin was a price fall of 5.49% and by 03:35 UTC, it cut $0.0001 from the coin and placed the price of DOGE at $0.00231941. However, click here if you are eager to know the future of the coin price that will occur in the upcoming years all in one place.
Dogecoin to USD Price Chart
Yesterday’s price movement of Dogecoin can be termed as a gradual fall, and it has gone exactly as per the market trend. DOGE may get bullish in the medium-term, but no short-term push is imminent. Following are the most probable resistance and support levels, which traders should consider for safer trading:
R1: $0.002480667, R2: $0.002524333 and R3: $0.002559667
S1: $0.002401667, S2: $0.002366333 and S3: $0.002322667