The Dogecoin price has fallen below its resting values of $0.0021 — $0.0022, as it accounts for a new day’s range of $0.00205977 to $0.00218886.
Dogecoin Price Analysis: December 11
Dogecoin dawned on December 11 with a starting price that stood below the $0.0021000 mark. The price line followed its preceding movement-habits of drawing brief and abrupt price jumps over the trading pair’s graph, while it also saw its day’s high early, at a price of $0.00218194. For most December 11, Dogecoin kept its movement’s lows between the $0.00208000 and $0.00210000 levels on the price chart. The cryptocurrency’s price shows more frequent variations in the second quarter of December 11.
Following the afternoon of December 11, the cryptocurrency saw its daily-low at $0.00206938. Currently, Dogecoin trades at 0.00206772 US dollars.
Moving Average Convergence Divergence
On December 11, the Relative Strength Index had strayed above level 70 various times, thus showing multiple overbought instances. At one point, the RSI got as low as 11.07, while it also saw a high of 92.86. As of today, Dogecoin has a market capitalization of $267,126,763. As far as the MACD indicators are concerned, the 20-Day Exponential Moving Average was observed at a closing value of $0.00208441, and the 50-Day Moving Average closed the day at $0.00208532.
Featured Image Background by Peter Feghali.