Dogecoin price continues recursive movements between $0.00216000 and $0.00224000 marks until noon of January 24, after which the price line moved its variations between $0.0022000 and $0.00228000 levels on the 1-Day price chart.
1-Day Dogecoin Price Analysis (January 24)
The cryptocurrency had a price of $0.00217796 US Dollars as the calendar turned to January 24, shortly after which the price moved up to $0.00226957 US Dollars and head back below the $0.000218000 mark by 01:47 GMT. The cryptocurrency began its recursive price pattern just before 03:00 GMT, and it stayed between $0.00216000 and $0.00224000 until 09:00 GMT.
In the afternoon, the cryptocurrency saw bulls that took the price line above the $0.00226000 mark and across the $0.00228000 level by 14:10 GMT. The Dogecoin / US Dollar trading pair stood between the $0.0022000 and $0.00230000 marks until the end of the day. Dogecoin closed the day with a trading value of $0.00218844 US Dollars.
Moving Average Convergence Divergence (MACD)
The Relative Strength Index (RSI) stands at 32.96, after varying over level 30 for most of the day, where many of its upper limits were placed above level 80. The 20-Day Exponential Moving Average (EMA) for January 24, closed at $0.00219476. While the 50-Day Simple Moving Average (SMA) ended the day’s trade with a value of $0.00222396.
As of now, Dogecoin has a coin market capitalization of $276,581,668 US Dollars, and it ranks 32 in the list of cryptocurrencies.
Featured Image by NeONBRAND.