Dogecoin reflects moderate price fluctuations for the last seven days. Till April 20, the currency managed to trade above $0.0020, but later, the coin faced slight correction and traded around $0.0019. However, from yesterday, DOGE/USD marked moderate recovery. If the current momentum remains intact, then the coin regains a $0.0021 mark.
Dogecoin Hints at Extended Consolidation
Dogecoin price was trading at $0.00207 on April 17, and then, it continued to trade stably around $0.0020 over the next day. After two days, the price escalated to $0.00211 at 12:00 UTC. At this high, the currency couldn’t manage for long and fell to $0.00201. Then, on the same day, Dogecoin price managed to reach $0.00207. On the next day, the currency marked a steep fall of 9.05% and reached $0.001902 from $0.00209. Later, the coin marked stable movement above $0.0019, but on April 22, the price escalated by an 8.4% hike, which took it to $0.00207.
Further, Dogecoin again reflected regression and slipped to $0.00198 at the time of writing. Over the last seven days, the coin registered a 4.21% loss. The moving averages, 20-days & 50-days, are hovering at $0.002010 and $0.002011, respectively. Both the SMA lines are trending above the current price and formed bearish crossover. According to that, the upcoming hours are speculated to reflect a similar price trend, and by going through the doge predictions, we can expect that the coin will trade around the $0.0020 mark soon.
