On January 28, the Dogecoin price line depicts a repetitive pattern of price jumps between the $0.00234000 and $0.00244000 marks on the price chart. After a prolonged period of staying in the $0.0021 to $0.0022 price range, the cryptocurrency met the crossed the $0.00246000 mark before it closed the day’s trade for January 28.
1-Day Dogecoin Price Analysis (January 28)
Dogecoin Price Chart by TradingView
As per the price chart above, the price line moved up to the $0.00244000 mark by 00:40 GMT, after starting trade near the $0.00232000 mark. The DOGE/USD trading pair stayed between the $0.00236000 and $0.00246000 marks until after 06:00 GMT when the price traced between the $0.00234000 and $0.00244000 marks. The coin shows a disarranged set of upward and downward movements for its trading price on the 1-Day chart for January 28.
Before the day ended, the coin saw an upward movement and crossed the $0.00246000 mark, while it has a day’s closing value of $0.00244694 US Dollars.
Moving Average Convergence Divergence (MACD)
Dogecoin Featured Price Chart by TradingView
The Relative Strength Index (RSI) extended its upper limits above level 80 at various times of the day. At 05:54, the technical indicator stood at 93.66, while it stands at 66.53 when the day came to an end.
The 20-Day Exponential Moving Average (EMA) closed trade at $0.00243421, below which the 50-Day Moving Average (MA) stands at $0.00240704. The coin has a market capitalization of $297,139,227 US Dollars.
Featured Image by Nathan Anderson.
Disclaimer: The information provided is not trading advice but an informative analysis of the price movement. Cryptopolitan holds no liability towards any investments based on the information provided on this page.
