Dogecoin was under huge pressure during yesterday’s movement. Today, the currency was spotted again with bearish trend since the opening hour. The pressure started lifting a few hours ago. Bitcoin, Ripple, Ethereum and many other top cryptocurrencies are touching new intraday highs.
Dogecoin is speculated to recover in some time. The closing hours might bring some profit to the intraday traders. The investors can dig-in with a high prospect of profit.
DOGE/USD Price Chart:
Yesterday, Dogecoin began dealing with $0.00212. The price escalated to $0.00227 by 7.23%. Further, the currency fell to $0.00210 by a huge drop of 7.58%. Then, the coin price improved again and touched $0.00226 from $0.00210 by 7.88%. The price was spotted trading around $0.00226 for some time and then slipped to $0.00210 by 7.38%. There was an immediate improvement marked that brought the DOGE price back to $0.00226 but again the price slipped and reached $0.00218 by 3.54%.
The last hour of the day brought the price of Dogecoin to $0.00211 from $0.00219 by 3.85% fall. Today, DOGE price escalated to $0.00230 from $0.00211 by a massive hike of 9.05%. Recently, the currency marked a fall to $0.00211 by 7.99% and then immediately surged back to $0.00230 by 9.10%.
Dogecoin price was trading at $0.00230 a few moments ago. The prospect of improvement is high. The coin can jump to $0.00240 i.e. immediate resistance. The traders who are interested in coin are recommended to opt for the long-term investment. The same would bring desired result to the traders.