Price Analysis

Amidst the Bear Market Sentiment; Dogecoin Trades in Green Zone

Dogecoin was trading at $0.00239829 as on October 10, 2019. The next day due to a couple of falls it was being traded at the lowest trading price of $0.00218488. It managed to rise upwards despite the fall and showed a growth of 19.21% within 3 days. From October 14, 2019, until the next day, the price of the coin was almost constant at $0.00258486. While writing this price analysis, DOGE price trend was indicating an upward rise.

Dogecoin Price Analysis:

Dogecoin Price Chart

Today, DOGE is reflecting an uptrend by 9.31% when compared to the price drop of October 14, 2019. The same momentum may continue tomorrow as well, with the price rising marginally.

Also, Dogecoin is expected to be traded in the range of $0.00254472 -$ 0.00271932. The MACD indicator also highlights the bullish trend for the coin as the MACD line crosses the signal line above zero. The RSI indicators remains slightly below 60, showing no extremities. DOGE is a good investment option if being traded from a long-term perspective.

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