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Home News Dogecoin News

Dogecoin Price: falls under $0.0022

Aroosa Nadeem by Aroosa Nadeem
December 5, 2019
in Dogecoin News
2 min read
Dogecoin Price: falls under $0.0022
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Dogecoin price climbs down the price ladder to place its lows below the $0.00210 level for December 4. The cryptocurrency scores a day’s average of $0.00205526 to $0.00240954.

Dogecoin Price Chart Analysis for December 4:

Dogecoin Price Chart

Price Chart by TradingView

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After its trip above the $0.0022 price line, Dogecoin has steered its highs under the $0.002150 mark. The trading pair has seen high volatile variations between the $0.0021 and $0.0022 levels, while it experienced bears with the start of December 4, that took the price line below the $0.0021 mark. The cryptocurrency continued its short-lived price jumps under $0.0021 until it saw bulls after mid-day December 4 that took the price to its day’s high of $0.00231045.

Dogecoin continued propagating between $0.00265 and $0.002245 while bears appeared just before the 24-Hour price analysis concluded, bringing the price down to its current trading value of 0.00215174 US dollars.

Moving Average Convergence/Divergence: What to expect?

Dogecoin Price Chart

Dogecoin Price Chart by TradingView

The moving averages converge close to the trading pair’s price line while it stretched through the 1-Day analysis, showing no signification variations in the Dogecoin price. The 20-Day Exponential Moving Average travelled below the Simple Moving Average (SMA) while it closed at $0.00215581. The 50-Day SMA has a closing value above the EMA, at $0.00215934.

The Relative Strength Index (RSI) has depicted various oversold situations, where the RSI dropped below level 20. Currently, the RSI is at 44.03.

Featured Image Background by Tobias van Schneider.

Aroosa Nadeem

Aroosa Nadeem

A media graduate and passionate media person Aroosa has a knack for digital media journalism and outreach. She has contributed content to different digital media publishers in a variety of areas including technology, health and finance.

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