The Dogecoin price line shows a recursive set of movements between the $0.00232000 and $0.00242000 marks on the price chart for January 21.
1-Day Dogecoin Price Analysis (January 21)
Dogecoin Price Chart by TradingView
The cryptocurrency initiated the trade for January 21 with a price of $0.00232899 US Dollars, after which it moved up to $0.00242000 and began its movements with its lows set near $0.00232766 US Dollars, and the highs near $0.00241695 US Dollars. By 04:14 GMT, the price line was set $0.00233429 US Dollars.
After 08:11 GMT, Dogecoin returned to its frequent price variations, and it began recurring price jumps between the $0.00233429 and $0.00242000 marks on the price chart. The recursive price variations continued till 19:30, after which the price slipped below the $0.00230000 mark, followed by an upward movement towards the $0.00226000 level. Currently, Dogecoin trades at $0.00235569 US Dollars.
Moving Average Convergence Divergence (MACD)
Dogecoin Featured Price Chart by TradingView
The price line has moved between the $0.00232000 and $0.00242000 levels for most of the 1-Day price trek for Dogecoin. The 20-Day Exponential Moving Average (EMA) stood at $0.00235809 by the end of the day, whereas the 50-Day Simple Moving Average (SMA) closed the day’s trade at $0.00235868.
The Relative Strength Index (RSI) is currently placed at 47.26.
Featured Image by JFL.
