Dogecoin price movement has been disappointing the traders for a long time. The last one week has marked an uptrend, but the same was moderate and looked like the coin was hovering around $0.0026. On October 24, 2019, the price slipped to $0.0024. However, the recovery in the coin started from the next day and took DOGE price to $0.0025, and on October 26, 2019, the price touched $0.0026. Today, the movement seems paralyzed around $0.0026. There is not much movement expected in Dogecoin as of now.
Dogecoin Price Prediction
The intraday Dogecoin chart is reflecting a moderate movement in the price. Yesterday, it started dealing at $0.002665. The coin reflected a fall in the later hours from $0.002671 to $0.002516 by 5.84%. The price immediately recovered and went up to $0.002703 by 7.61%. Then, Dogecoin recorded a moderate fall and closed at $0.002649 with an intraday regression of 0.58%. Today, the price started dealing at $0.00264. Then, the currency reflected a fall of 4.58% from $0.002656 to $0.002534. DOGE price started improving after the fall.
Dogecoin has shown great potential in the past. The currency jumped to $0.0044 in July. The price of the coin started falling since then, and today, it is at $0.0026. However, the recovery in the price is still expected. If we look at the resistance and support levels, DOGE seems to be tilted towards the immediate support level.
|Resistance Level||Price||Support Level||Price|
Dogecoin is expected to give good results in the long run. The traders are suggested to dig-in for the same. The short-term might not bring the desired result.