Since the entire market is suffering from the recent pullback and volatility, the same has been the case with Dogecoin too. However, the recovery is expected to be high based on the past movement in Dogecoin.
Yesterday, the price of Dogecoin dropped to $0.002529, from the latter price mark by 11.44% at 03:10 UTC. However, the current value is a result of 7.73% escalation.
As per Dogecoin predictions, it has recently seen a downfall in the trend, confusing the investors to take an ideal trade decision. The value as of now seems to be bending towards the moderate bearish zone but, is expected to have a positive direction soon.
To conclude, it might be a little challenging for investors to take the ideal trade decision. The ease the same, the calculated resistance and support levels are as follows:
Resistance Level:
R1: $0.002766, R2: $0.002822, R3: $0.002911
Support Levels:
S1: $0.002621, S2: $0.002532, S3: $0.002476