Dogecoin Price (DOGE) Moves With Trivial and Steady Change

  • Dogecoin has traded as low as $0.0023 in the past 7 days.
  • DOGE trades in the range of $0.0024 to $0.0026 to a major extent since past 4 days.
  • Dogecoin doesn’t seem to have been affected by the crypto market dip in the previous week, other than only one instance where it touched $0.0023 on 29th August.

Dogecoin is believed to have a concurrent movement with Bitcoin. But this time it did sound as such when the whole crypto market was in a brutal phase in the last week, Dogecoin was around the usual trading price range only. Rather the market cap has also been on a spike, other than just one day i.e. 29th August when the price rolled to $0.0023.

DOGE to USD Price Chart by TradingView:

The below Dogecoin price chart is a data feed from HITBTC as on 3rd September at 07:06 UTC.

Dogecoin Price (DOGE) Moves With Trivial and Steady Change
Dogecoin (DOGE) Price
DOGE Price Chart by TradingView

Dogecoin has been majorly trading in the range of $0.0024 to $0.0026 and the past 24-hour trading duration was just another prototype in the same range. The coin was rightly trading around $0.002484 in the initial hours of the day. Just when Bitcoin hit above $10,000 yesterday, around the same hour of the day, Dogecoin value surged by 5.55% to the trading price of $0.002622.

While today the coin opened with a slight downtrend, where two of the red candles took the coin to trade at $0.002493. At the time of penning down, DOGE price climbed slightly and was trading at $0.002560 gaining a rooted support from the short-term moving averages.

Technical Indicators:

Irrespective of how the trend of Bitcoin is moving at present, Dogecoin still trades with a solid selling pressure but is rightly gaining support from the until the 3-week SMA which is around $0.0025.

However, the current trading price is 2.4% higher and 4.47% lower from its respective 10-day SMA ($0.00250) and 5-day EMA ($0.00250) together and 30-day SMA ($0.00268).

The MACD of the coin ranges below zero with a bearish outlook as the signal line crosses the MACD line along with RSI at 50 manifesting no overbought or oversold extremities. Apart from this, go through the DOGE Price Prediction chart, you will get to know price updates about the coming years with exact numbers.

Mehak Punjabi

Mehak Punjabi is a post graduate in MBA with specialization in Finance and has joined CryptonewsZ with a skill building view in the world of cryptocurrency and blockchain. She is dynamic and a quick learner with a hold on financial analysis.

Related Articles

Back to top button