Dogecoin (DOGE) Makes a Loss of 7% in One Day

Dogecoin (DOGE) Dogecoin (DOGE)

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Dogecoin has been through three major price swings over the last 24 hours, and it has made an overall loss of almost 7%. The range of the swings has been in the range between 0.00263 USD and 0.00242 USD.

Dogecoin Price Analysis

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Dogecoin opened the day at 0.00263649 USD, and over the next 13 hours and 6 minutes, it lost 4.53% value to be placed at 0.00251696 USD. The second variation happened between 14:04 UTC and 18:36 UTC, and this 7.27% swing cost it 0.00019 USD and pushed the DOGE price to the lowest of the day at 0.00242848 USD. It was followed by an 8.14% hike that added 0.00019 USD to the value, and it helped Dogecoin price to reach 0.00262619 USD by 22:43 UTC.

The market cap, however, has shown an increment over these 24 hours. Between November 18 and 19, the market cap has risen to 316.852 million USD from 314.572 million USD.

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Dogecoin’s 20 days MA stands at 0.00247590 USD, and it’s 50 days MA is now at 0.00247994 USD. The current price at 0.00245454 USD is 0.86% and 1.02% less than the 20 days and 50 days moving averages, respectively. According to Dogecoin price forecast, the coin’s next halt may come at 0.002511 USD.

Dogecoin (DOGE) Resistance & Support Levels
1st Resistance $0.002677667
2nd Resistance $0.002779333
3rd Resistance $0.002843667
1st Support $0.002511667
2nd Support $0.002447333
3rd Support $0.002345667