Dogecoin Price Plunge Continues for the Second Day in a Row

Dogecoin’s (DOGE) price movement has been quite steady in the fluctuating market. In the last fifteen days, DOGE price is spotted, trading around $0.0026. Yesterday, Dogecoin’s price was seen touching a high at $0.002718 and a low at $0.002641. The volume of DOGE was $74,498,787.

Dogecoin Price Analysis

Yesterday, Dogecoin started dealing at $0.002630. The price kept moving at the same level, but later it shifted to $0.00255042 from $0.00271548 by 6.09%. The rest of the day spent around $0.00254. The overall intraday movement in the price marked a 3.04% regression. Today, Dogecoin started the day at $0.0025497. The price fell in the later hours. The counters changed from $0.0026316 to $0.0025264 by 4.05% drop. The price of Dogecoin is currently dealing at $0.00262565.

Dogecoin Price
DOGE chart By TradingView

DOGE was open at $0.00261 on November 01, 2019. However, the current price of Dogecoin is $0.00262565. From the past 7 days, it was continuously trading downwards. The coin has dropped below the immediate support level as of now. However, according to Dogecoin Prediction, there is a possibility for the coin to recover in the coming hours as per the current market volatility. Dogecoin is recommended for long-term traders. The short-term investment isn’t speculated to give the desired return to the traders.

Resistance Level Price
R1 $0.002697
R2 $0.002746
R3 $0.002774
Support Level Price
S1 $0.00262
S2 $0.002592
S3 $0.002543

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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