Dogecoin is often seen following its peers in the market. The currency improved its momentum. The dominance of Bitcoin has lightened recently. Still, DOGE is exhibiting a strong hold over its momentum.
The coin has registered upsurge by almost a quarter. The price of the Dogecoin is currently around $0.00306. In the last 30-days, the coin was seen at a high of $0.003531 and a low at $0.002211.
DOGE/USD Intraday Price Chart:
On January 15, the Dogecoin price was at $0.00245. Till January 18, the price dropped to $0.00223 by a 9% fall. Then, the coin picked up the pace and reached $0.00262 by a huge hike of 17.65% in the next two days. Later, the DOGE price dropped to $0.00225 by 11.62% drop and then, it hovered at the same level till January 22. After this moderate movement, Dogecoin price dropped to $0.00215, but again it was spotted improvement and reached $0.00244 by 13.79% hike. Later, the coin closed the month with trading in a similar range.
However, February began with an upsurge. The price counters moved from $0.00234 to $0.00274 by a massive hike of 16.80% in the first seven-week of the month. The next two days experienced heavy improvement. Dogecoin price was seen at $0.00353 by 29.06% but it plunged in the later days. The coin was spotted at $0.00283 due to a steep fall. Later, it improved and touched $0.00323 by 13.23% hike on yesterday. Recently, the price dropped again to $0.00306. From January 15 till today, the DOGE reflected a 24.97% progression in the price.
The current price of Dogecoin is tilted towards the immediate support level at $0.00292. However, as per Trade99’s analysts, the possibility of climbing to the immediate resistance level at $0.00317 is also ripe. The intraday traders can expect marginal profit.