Dogecoin price has reached past the $0.0024 mark on January 20, after a long day of an average trading range of $0.00234 to $0.00242.
1-Day Dogecoin Price Analysis (January 20)
After beginning the day with a trading price of $0.00235231 US Dollars, the cryptocurrency slid towards the $0.00234000 mark after which it immediately rose to $0.00243008 US Dollars trading price.
The cryptocurrency exhibited price jumps over and below the $0.00234000 and $0.00242000 levels on the price chart while it rested over the $0.00234000 for a number of times like in between the 03:00 to 09:00 GMT slot.
The coin shows a greater number of frequent price jumps between the 09:00 GMT to 14:18 GMT slot, with an exception to the 12:40 GMT – 13:50 GMT slot, when Dogecoin price slipped further towards and below the $0.00230000 mark. Here, the coin met its day’s lowest of $0.00229669 US Dollars, at 13:14 GMT.
The trading pair showed another set of flat trading lines between 17:34 GMT and 21:56 GMT. At the end of the day, the cryptocurrency trades at $0.00232787 US Dollars.
Moving Average Convergence Divergence (MACD)
The Relative Strength Index (RSI) stood at 47.04 by the end of the day. As for the MACD lines, the 20-Day Exponential Moving Average (EMA) closed the day below the DOGEUSD trading pair, at $0.00232787, while the 50-Day Simple Moving Average (SMA) was observed at a closing value of $0.00234117 US Dollars.
Featured Image by Malte Michels.