Dogecoin Price: stoops by 4.06 percent

Dogecoin Price line exhibits a pattern of continual ups and downs, stretching below the $0.00260000 price mask closer to the end of the day.

Dogecoin / United States Dollar 1-Day Price Analysis:

Dogecoin Price Chart

Price Chart by TradingView

The cryptocurrency’s price line has shown a similar graph to the preceding 24-hour Dogecoin/U.S Dollar price analysis.

As you can see in the chart, the trading pair started the day with ruffled movements, showing abrupt but short-lived bearish and bullish movements. The price reached its daily-high of 0.00267084 earlier into the price analysis, after which the price moved variations from a range with slightly greater upper and lower limits, to one with moderately lower upper and lower limits.

Right before the 24-hour price conclusion, the graph stooped below the 0.00245000 US dollar price mark, which also marked its daily-low of $0.00241111.

Currently, the pair trades at 0.00254536 US dollars.

Dogecoin Price: What to expect?

Dogecoin Price Chart TradingView

Dogecoin Price Chart by TradingView

The 20-day Exponential Moving Average (EMA) stretches above the price line to conclude the day at $0.00255554479, while the 50-day Moving Average (MA) sketches slightly below the trading pair’s line, and ends the day at 0.00253862 US dollars.

As per the moving averages, the cryptocurrency’s price is not expected to substantially stray from the 0.0025-0.0026 US dollar range.

Featured Image by Pixabay.