Dogecoin/United States Dollar 1-Day Price Analysis:
In the 24-Hour price run, Dogecoin’s price line depicts abrupt price-jumps. The price line starts on November 21 at highs just below the $0.0026 price line and lows right above $0.0025. After this, the bears moved in to drag the highs and lows down on the graph, with short-lived and abrupt movements between $0.00245 and $0.00235.
A bearish movement stooped the price line, where it reached its daily-low of $0.00225808. Dogecoin currently trades at 0.00237154 US dollars.
Dogecoin Price Analysis: Moving Averages
The price line remained in the green area for the first quarter of the 1-day price analysis, where it had a price range of $0.0025 to $0.0026. The price followed a downward sketch, eventually breaking past the support at $0.0023, after which the support lies at $0.0025. The 20-day Exponential Moving Average (EMA) closes at 0.00237173 US dollars, while the 50-day Moving Average (MA) rests just above the current trading price, at 0.00237516 US dollars.
The Relative Strength Index (RSI) is currently below level 50, at 47.23. The cryptocurrency has a market cap of 297,198,345 US dollars.
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