Dogecoin gathered moderate momentum in 2019 due to the amazing potential. The momentum of the coin improved in 2020. The price escalated and breached 90-days high and set a new at $0.00353. However, in the last 30-days, the currency was seen trading with heavy fluctuations. The currency is speculated to hold great results in the long run. The investment in DOGE wouldn’t go in vain.
DOGE/USD Price Chart:
Dogecoin price was dealing at $0.00258 on January 19, and in the next 14 hours, the price dribbled to $0.00234 by 9.41%. Then, the currency was seen locked around the same level around $0.00243 till 7:00 UTC of January 22. On the same day, DOGE price slipped and touched $0.00215 in the next two days. Later, Dogecoin value escalated to $0.00244 by a huge hike of 13.79%. The currency again locked itself around $0.00244 and remained the same till February 01.
Thereafter, the coin was spotted taking steep escalation, and on February 09, the price marked a huge escalation and reached $0.00353. The pullback pressure was experienced immediately after the same. The price dropped to $0.00283. Then, it marked moderate recovery and touched $0.00323. Later, DOGE plunged to $0.00248 from $0.00321 by 22.41% fall. Recently, Dogecoin improved and touched $0.00272.
The Signal line has overlapped the MACD line. The lines are likely to take a down road from here. The coin might be seen experiencing pullback pressure in the coming hours. However, as per Trade99’s analysts, the currency may trade towards immediate resistance of $0.002807 as per the trend noticed.