Dogecoin price trades between the $0.00210000 and $0.00228000 levels on the price chart for January 12 before reaching $0.00212 before the end of the day.
1-Day Dogecoin Price Analysis (12 January)
The Dogecoin / US Dollars trading pair started the day’s trade by jumping towards the $0.00226000 mark from the $0.00216000 mark on the price chart. The cryptocurrency shows quick-paced and abrupt price variations in the first 3-hour window of the day, with its lows placed at $0.00218000, after which it dropped down to $0.00218000 until before 06:00 GMT. The cryptocurrency moved trade below the $0.00212000 mark and repeated abrupt price movements with highs laid just above the $0.00218000 mark.
By 10:00 GMT, the cryptocurrency moved back above the $0.00226000 mark, with lows placed at $0.00220000. This trend in the price movements continued until the end of the day, where the cryptocurrency stands at $0.00212294 US Dollars.
Moving Average Convergence Divergence (MACD)
The Relative Strength Index (RSI) stands below level 50 on the scale for January 12, at 35.86. The 20-Day Exponential Moving Average (EMA) for Dogecoin, closed January 12 at $0.00215699, whereas the 50-Day Simple Moving Average (SMA) stands at $0.00216526 at the end of the day.
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