- Dogecoin to break its crucial resistance at $0.002417
- The intraday price movement looks promising
Dogecoin (DOGE) price has rallied by 4% since the opening hours until the time of writing and the currency is on the upward spree. It looks like the intraday traders are going to experience a marvelous day. There was a resistance level created at $0.002379 while the pivot point was $0.002344. The currency breached $0.002379 and is heading to cross $0.002417. The current price is noted around $0.002415. It is speculated that DOGE would be crossing its major resistance at $0.002452 soon. Therefore, check on future of Dogecoin to know the coin’s upcoming years’ price updates!
Dogecoin Price Analysis:
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Dogecoin started trading around $0.0029 on August 01, 2019. The price escalated to $0.032 by 19.46%. Later, the price fell tremendously by 24.21% to $0.0024. The price hiked to $0.0029 by 19.77%. The price started moving down to $0.0023 by 19.48%. The month closed with a fall of 15.21% at $0.0025. The month of September experienced a hike within the first few days. The price hiked from $0.0025 to $0.0027 by 8.52%. Later, the price jumped again from $0.0023 to $0.0028 by 22.84%. Dogecoin again fell to $0.0019 by 32.62%. The last few days took the price to $0.0025 from $0.0019 by 33.14%. The month recorded a slight upsurge of 2.06%. The ongoing month started dealing at $0.0025 and the price fell to $0.0021 by 14.30% with the price is seen moving around $0.0024.
Dogecoin price was seen improving in the last month as there was a moderate upsurge. The ongoing month has been fluctuating, but it looks like by the end of the same there would a healthy improvement. The coin is usually seen having a concurrent motion with Bitcoin, and it is anticipated that it would bring the price rally in the market. DOGE could be seen walking up with the same.
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Dogecoin is likely to give the best result to the long-term traders. The traders can dig-in with a high prospect of return.