The Dogecoin price line falls from its long-resting trading price above the $0.002 mark on the price chart.
Dogecoin 24-Hour Analysis
After the Dogecoin / U.S Dollar pair stepped into the 1-Day price analysis for December 17, the trading pair showed a continuous rise-fall pattern, similar to what the Dogecoin has demonstrated in the past. The cryptocurrency drew its lows just above the $0.00205000 mark, and its highs at $0.00213, until 9:00 GMT, where the coin saw bears and the lows fell below 0.0200000, and the highs stood near $0.00206. At 13:45 GMT, the price line further shifted its lows to $0.00195000, whereas the highs were kept to be near $0.00201.
The cryptocurrency saw its day’s low of $0.00190341 at 21:40 GMT. Currently, Dogecoin trades at 0.00198233 US Dollars.
Moving Average Convergence Divergence
After staying in the green region for most of the 1-Day trek, the technical indicators dropped into the red area at the end of the cryptocurrency analysis. The 20-Day Exponential Moving Average (EMA) was seen closing at $0.00197497, while the other technical indicator, the 50-Day Simple Moving Average (SMA), closed at $0.00195202. The Relative Strength Index closed at 58.21.
Featured Image Background by Michael Benz.