Dogecoin price experiences a 2.13 percent fall

The Dogecoin Price sees a bearish drop of 2.13, following its daily high of 0.002788 USDT for November 8. The cryptocurrency currently trades at 0.0025333.

Dogecoin/USDT 1-Day Price Chart

Dogecoin price experiences a 2.13 percent fall 2

According to the Dogecoin/USDT price chart above, the price line began its 24-hour journey on November 8 from its value above the 0.0027000 USDT price line. A bearish drop caused the price to gradually drop until it reached its low, under the 0.0025800 price line, at 0.0025709 USDT.

The price concluded its 1-day sketch just under the 0.0026400 price mark, at 0.0026333 USDT.

Dogecoin Price: Expectations

Dogecoin price experiences a 2.13 percent fall 3

Dogecoin/USDT Price Chart by Trading View

As per the trading chart above, both of the cryptocurrency’s moving averages trace a similar path. The 50-day Moving Average of the cryptocurrency lies at 0.006458, and the 20-day Exponential Moving Average (EMA) of cryptocurrency rests at 0.0025431.

The Relative Strength Index (RSI) lies at level 50 and continues to vary between level 30 and level 70.

According to coinmarketcap, Dogecoin has a current circulating supply of 121,967,383,795 DOGE, while it ranks 28 on the list of the top cryptocurrencies based on their market capitalizations. At the time of writing, Dogecoin has a market cap of $325,754,747 US dollars.

Dogecoin’s previous 1-day price analysis shows that the price continues to form ruffled patterns closer to the 0.0026 US dollar price line.

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