Price Analysis

Dogecoin Makes a 7.36% Jump Overnight; Chases $0.0024

  • Dogecoin gains 7.36% to touch 0.0024 USD.
  • The next resistance is likely to come at 0.00275 USD.

Dogecoin has gained a whopping 7.36% over the last 24 hours and the value has now surpassed 0.0024 USD. The three price variations have given the price trend a range between 0.002239 USD and 0.002672 USD.

Dogecoin Price Analysis:

Dogecoin’s first price swing started at 00:03 UTC and over the next 10 hours and 9 minutes, it went as high as 0.002672 USD with the help of a 19.33% hike. It was followed by a marginal decline in the value by 5.37% and this decrement took the value from 0.002672 USD to 0.0025284 USD. The last variation happened between 16:26 UTC and 02:36 UTC and this variation cost DOGE a whopping 5.13% that pushed the value to 0.00240629 USD.

The market cap, however, could not show the strength in the last 24 hours. In this period, Dogecoin’s market cap has come to 296.38 million USD from 297.62 million USD.

Dogecoin Price
Dogecoin Chart By TradingView

Dogecoin’s both 50-day averages and 20-day average are going along with its current trend. The upcoming days may not see any abrupt changes in the value but the bullish outlook is likely to continue. Dogecoin’s next resistance may come at 0.00275 USD.

Resistance & Support Levels:

R1- $0.002602333, R2- $0.002757667, R3- $ 0.002897333

S1- $0.002307333, S2- $  0.002167667, S3- $0.002012333

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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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