Price Analysis

Dogecoin Price Dropped by 4% During the Day-long Run

  • Dogecoin price plunge takes it down to $0.0021

Dogecoin (DOGE) price movement has been disappointing from the opening hour. The coin is tremendously falling since then. In the past 7-days, the coin took the price up to $0.002474 and dropped to $0.002182. The improvement in the coin is long awaited. It looks like the traders need to wait a little more.

Yesterday, Dogecoin was seen dealing as high as $0.002312 and as low as $0.002204. Now, let’s have a look at the intraday chart of Dogecoin.

DOGE/USD Price Chart:

DOGE/USD Price Analysis

Yesterday, Dogecoin opened the day at $0.00230047. The price went down to $0.0022065 by 4.06%. The currency slipped to $0.0021 by 2.30%. The DOGE price remained locked at the same level and later jumped to $0.002278 by 5.75%. Later, Dogecoin’s price dropped to $0.002104 from $0.002273 by 7.41%. The price improved in the later hours and touched $0.002282 from $0.002118 by 7.72%. The intraday movement in the coin brought a 1.37% regression. Today, Dogecoin is registering fall from the opening hour. The price dropped to $0.002129 from $0.002295 by 7.26%. Further, the coin price slipped and touched $0.002109 from $0.0022088 by 4.52%.

Currently, Dogecoin’s price is trading around its immediate support of $0.002189, and if the current momentum continues, the currency may reach the next support level at $0.002142. Dogecoin is speculated to give flourishing results in the future. The traders are recommended to opt for a long-term investment plan to ensure a colossal profit.

 

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