Dogecoin is often found following Bitcoin in the market and does, despite heavy price crash, the coin has marked a 22% loss over the previous 30 days. In the past years, the coin has exhibited tremendous potential.
DOGE price has shown a tight hold around $0.0018, which is continued in the ongoing month. The traders interested in Dogecoin can opt for long-term investment to fetch considerable returns.
DOGE/USD Price Chart
On March 04, Dogecoin’s price was trading at $0.00237, and then, it escalated by 7.67%, and the price hanged around the same level in the next 2 days. Then, the coin marked regression, and the price dropped to $0.00205 by 19.66% on March 09. Later, the currency improved momentum and reached to $0.00227 by 10.71% hike, but again dropped to $0.00132 by a huge decline of 42.08% on March 12.
Further, Dogecoin value improved on the very next day as it escalates to $0.0181 by 37.46%. Then, it hovered around the same level till March 16, with the in-between spike at $0.00186. Later, the price dribbled to $0.00142 on the same level and in the next 4 days.
There was a slight improvement marked in the Dogecoin, which took the price to $0.00186 on March 24 and remained stable around the same level. On March 27, the currency plunged to $0.00166. The closing days brought the price to $0.00183 by 10.78%. The month-long period reflected a 22.49% plunge in the Dogecoin.
April 2020 started with a moderate plunge, and on the first day, the coin was at $0.0017. Later, it improved to $0.0019 by 11.56%. DOGE/USD was currently at $0.0018, and it has breached the immediate support level at $0.00184. The chances of improvement are ripe, and thus the coin might breach immediate resistance level at $0.0019 in the upcoming hours.