Dogecoin price is most of a time spotted creating at lock around the price level. The same has helped the coin keep the faith of the traders alive in the bearish market. However, the freeze created by the currency got breached in the price crash that embarked yesterday.
Dogecoin was spotted moving on the footsteps of Bitcoin. Today, Bitcoin is suffering badly by dropping to $6,600. This could also be the reason behind the heavy fall in the price. DOGE has breached the 90-days low and set a new at $0.001997.
DOGE/USD Price Chart:
Yesterday, Dogecoin began the day at $0.00213. The price traded at the same level for some time and later dropped to $0.00199 from $0.00213 by 6.65%. The price continued the fall and touched $0.00191 by 4.11%. The currency jumped to $0.00205 by 7.29%. Dogecoin closed the day at $0.00191. The intraday movement in the price reflected a 10.26% regression in the price. Today, the coin started the day with a 5.06% hike. The price counters moved from $0.00191 to $0.00201. Further, Dogecoin’s price dropped to $0.00191 again.
Dogecoin Price Prediction
Dogecoin has already breached the immediate support level at $0.00195 and moving towards the next support level at $0.00190. In the coming hours, the said level is anticipated to be breached. Also, Dogecoin value may slips to the major support level at $0.001804 by the end of the day. The current market condition is not appropriate for investment.