Dogecoin News

Dogecoin Bulls Takes the Price to $0.0031

Dogecoin price movement reflects heavy upsurge since the opening hour. The ongoing month has exhibited amazing momentum. In the last 7-days, DOGE was seen setting a new 90-days high at $0.0035. The current movement in the coin is indicating that the same could be breached in the coming hours. The investment in Dogecoin would bring a flourishing result in the future.

Dogecoin Price Analysis

Dogecoin price chartThe price trend of Dogecoin is reflecting heavy movement since yesterday. The price was at $0.00308 on yesterday. Then, the price dropped to $0.002985 by 3.26% in the next 2 hours. After this drop, Dogecoin’s price recovered in the next 2 hours and touched $0.0032 by 7.46%, and it kept the upsurge intact and escalated to $0.00324. From this high, the price was seen dropped to $0.00297 by 8.19% at 09:19 UTC. Then, DOGE price picked up the pace again and touched $0.00327 11:48 UTC.

The second half of the day brought heavy fluctuation and pullback pressure. Dogecoin price slipped to $0.002995 from $0.003232 by 7.35%. The price tried to improve to $0.00321 but again slipped and reached $0.002996. The coin closed the day at $0.00300. The day-long movement in the DOGE price reflected by 2.75%.

Today, Dogecoin began with a moderate movement, but later it marked a steep hike of 8% and the price reached $0.00324 from $0.00300. Later, the price dropped to $0.003065. If we look at technicals, the signal line overpowers the MACD line and the same brought a sudden fall in the price of DOGE. The current price of Dogecoin is at $0.003065 and it seems quite near to the immediate support level at $0.00301.

R1: $0.003173, R2: $0.003253 and R3: $0.003333

S1: $0.003013, S2: $0.002933 and S3: $0.002853

Erica Lee

Erica is a finance professional who has over a decade of experience in the finance sector as a management consultant. After years of reporting on forex, stock markets, and finance, she now contributes her strong financial skills with the CoinNewsSpan team. Since 2014, she has been deeply involved in the blockchain and cryptocurrency space. She believes that blockchain technology has tremendous potential to make our lives better.

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