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)
Dogecoin Price Chart by TradingView
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.
Featured Image Background by Anthony Cantin.
