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Price Analysis

Dogecoin (DOGE) Shows 9% Hike in the Last 5 Days

This is a good time for Dogecoin holders as the coin went through a bumpy ride in the last 5 days, and it is maintaining a good pace to yield profits to the investors. The current performance of DOGE may move in the upward direction from the next week and it may cross $0.0025 mark soon.

Dogecoin Price Analysis

As of October 5, 2019, at 10:07:26 UTC, the price of Dogecoin is noted at $0.002345. The coin has recorded a surge of over 9% in the last 5 days rising from $0.002197 to its current value. DOGE price moved from $0.002197 to $0.002551 in the first 3 days, then started falling and went as low as $0.002189. Dogecoin has recovered from this value, and as per current momentum, it may cross $0.0025 by the next few days.

Dogecoin
Dogecoin Price Chart by TradingView

Dogecoin may trade around $0.0025 in the next few days of this month and may even rise up to its 30-day high value of $0.0029 soon. The price of Dogecoin may pick up some pace to reach up to $0.0035 by end of the year. This is a good time to start investing in DOGE as the coin may go profitable from early next year.

Resistance & Support Levels

R1: $0.002388, R2: $0.002415 and R3: $0.002468

S1: $0.002308, S2: $0.002288 and S3: $0.002255

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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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