Dogecoin price heads back above the $0.0021 mark just as the 24-Hour cryptocurrency analysis comes to its end.
Dogecoin 24-Hour Analysis
Dogecoin traced between the $0.00190000 and $0.00205000 marks on the price chart in the 1-Day analysis for December 18. According to the chart above, the cryptocurrency drew its highs near the $0.00200000 mark, whilst it drew its lows near the $0.00190000 level. Dogecoin saw its day’s low of 0.00186627 US Dollars at 13:10 GMT, after which it retraced towards the $0.00205000 level. At 19:43 GMT, the cryptocurrency was subject to a bullish movement that took the price line across the $0.00210000 level, and to a day’s high of 0.00213044 US Dollars. As of now, Dogecoin trades at $0.00211152.
Moving Average Convergence Divergence
Pertaining to the conventional Dogecoin movement of drawing abrupt price-jumps, the cryptocurrency faced no setbacks while uplifting its daily traditions. The technical indicators converge near the trading pair’s price line throughout the price analysis. The 20-Day Exponential Moving Average (EMA) stood at $0.00206836 at closing time, whereas the 50-Day Moving Average (MA) stood below the EMA, at $0.00206099. The Relative Strength Index (RSI) is currently placed at 60.51.
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