Dogecoin was priced at $0.00209541 on December 26, 2019, with an upward movement. After about 13 hours, the price dropped by almost 7% and reached $0.00194998. Two days later, DOGE price rose upwards by 9.33% and reached $0.00211811. Then, the currency price dropped again to $0.00196438 but managed to show a rise of 6.48% in a day. On January 1, 2020, the coin was traded as high as $0.00208370. The present trend indicates a downward movement from the past 24 hours.
As compared to the prices of January 1, 2020, Dogecoin is reflecting an uptrend by 3%. However, it may drop tomorrow and reach near its next support of $0.00189 soon as per the trend noticed.
Trade99’s analysts suggest to hold the existing coins now as per the present trend. In the previous five days, Dogecoin has seen several sharp rises and falls. Hence, it is advisable to trade in a long-term vision.