As of January 25, the Dogecoin price line continues to vary between the $0.00216000 and $0.00226000 marks. The price shows abrupt and recursive movements between the two marks until the trading pair comes to a resting price near the $0.00216000 level on the price chart.
1-Day Dogecoin Price Analysis (January 25)
Dogecoin began the trade for January 25 with a trading value of $0.00218867 US Dollars. The price line moved to the $0.00216000 level by 00:45 GMT, and it began the fast-paced price jumps at 01:03 GMT. The lows for the price movements were set near and below the $0.00216000 mark, while the upper limits were set just above the $0.00224000 level. The trend continued until 04:17 GMT when the price rested just below the $0.00216000 mark until 08:01 GMT, with an exception to one price jump at 05:33 GMT, that peaked at $0.00223404 US Dollars.
After 08:02 GMT, the coin repeated its recursive price variations until the end of the day. The coin closed January 25 with a price of $0.00216190 US Dollars.
Moving Average Convergence Divergence (MACD)
The 20-Day Exponential Moving Average (EMA) closed the day at $0.00216602, while the 50-Day Simple Moving Average (SMA) ended the trade for January 25, with a value of $0.00216916.
The Relative Strength Index (RSI) reached a day’s high of 93.59, though it closed the day at 37.43.
Featured Image by Jessica Fadel.