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Price Analysis

Dogecoin’s Exceptional Momentum Takes the Trend Above Baseline

  • Dogecoin is up by 1.17% in the last 24 hours and it touched 0.00247 USD.
  • The next resistance for DOGE is likely to be at 0.002492 USD.

When most of the top coins are struggling to sustain around their present value, Dogecoin has fetched an overall hike of 1.17% over the last one day.

Dogecoin to USD Price Analysis

Dogecoin opened the day trading around 0.00244862 USD and it slipped to 0.00232254 USD, the lowest point of the day. This slip of 5.60% happened between 00:06 UTC and 06:30 UTC. It was soon followed by a hike of 7.37% and this hike gave a boost of 0.0001 USD to place the DOGE price at 0.00248229 USD by 13:59 UTC. Later, it went down and reached 0.00236463 USD by 19:54 UTC after a decline of 4.72%. The latest swing for the coin was a 5.75% increment in the value against USD and this increment helped Dogecoin to touch 0.00250051 at 04:17 today.

Dogecoin price chart
Dogecoin Price Chart by TradingView

Dogecoin is likely to close the day at a value near 0.0025 USD and is also expected to maintain this growth percentage for the next few days. As per our prediction, in the medium-term, it is likely to have a bullish run.

Resistance & Support Levels- 

R1- $0.00245, R2- $0.00249, R3- $0.00253

S1- $0.00237, S2-$0.00233, S3-$0.00229

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Ruti Vora

Ruti regularly contributes in-depth news articles for leading cryptocurrencies. She contributes technical chart-based price updates and analysis pieces on world's leading digital currencies. She holds graduate degree in journalism.

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