Dogecoin trades on January 7 between the price levels of $0.00210 to $0.00222 US Dollars.
1-Day Dogecoin Price Analysis (7 January)
Dogecoin started the trade on January 7 at $0.00210325. At 00:37 GMT, the coin’s value reached $0.00215386 after which it shot up to $0.00223193 and thus began its short-lived and abrupt price jumps. Dogecoin’s price line varied between $0.002115 and $0.002225 from 02:00 GMT till 18:00 GMT. At 18:45 GMT, the price line began to rise towards a day’s high of $0.00227891 US Dollars, where it reached by 18:51 GMT. The price line retreated towards the $0.00210000 mark on the price chart by 19:19 GMT.
Dogecoin continued variations between $0.00210 and $0.00219, whereas it slipped below the $0.00208000 level to reach a day’s low of $0.00207000 US Dollars at 22:19 GMT. Currently, the coin trades at $0.00223548 US Dollars.
Moving Average Convergence Divergence (MACD)
The Relative Strength Index (RSI) was shown to be highly volatile, during the day it reached multiple highs above level 90 on the scale, thus accounting for various overbought instances for the coin. The RSI currently stands at 82.14. As the day’s low, the RSI reached 13.40 by 22:16 GMT.
The 20-Day Exponential Moving Average (EMA) was seen closing at $0.00215793 US Dollars. whereas the 50-Day Simple Moving Average (SMA) closed at $0.00213378 US Dollars.
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