Dogecoin price shows an incline towards the $0.00226000 mark on the price chart as of January 10.
1-Day Dogecoin Price Analysis (10 January)
The cryptocurrency started the day’s trade in the price range of $0.00212000 to $0.00220000 levels on the 1-Day price chart for January 10. The cryptocurrency depicted relatively less variable price variations for the day. The coin saw a downward movement towards the $0.00208000 mark by 09:00 GMT when it met a day’s low of $0.00207380 US Dollars. After 10:00 GMT, the trading pair’s price line shows a continuous retracement towards the $0.00226000 mark. The coin’s highs reached $0.00227854 US Dollars by 20:23 GMT, whereas it currently trades at $0.00220059 US Dollars.
Moving Average Convergence Divergence (MACD)
The price line’s technical indicators show no significant variations in the cryptocurrency’s price for January 10. The 20-Day Exponential Moving Average (EMA) stood below the 50-Day Simple Moving Average (SMA), at $0.00220572, whereas the SMA lies at $0.00220675.
The Relative Strength Index (RSI) shows a volatile graph, where it showed multiple instances where the RSI’s value slipped past level 70 on the scale, whereas the RSI currently has a standing of 39.45.
Featured Image Background by Patrick Tomasso.