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Dogecoin Falls by 5.25% Overnight, Seeks Shelter at $0.0026

Written byMaxwell Mutuma
Edited by Niharika Deshpande
October 21, 2019
in Dogecoin News
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  • Dogecoin loses 5.25% to trade around 0.0026 USD.
  • The next resistance for Dogecoin is likely to come at 0.002775 USD.

Dogecoin has witnessed one of the slowest days, recently as it lost almost 5.25% over the last 24 hours. It is now being traded at 0.0026 USD. The three price swings of yesterday have given a price range between 0.002787 USD and 0.002612 USD.

Dogecoin Maintains Bullish Edge

Dogecoin started the day trading around 0.00278771 USD and over the next 7 hours and 57 minutes, it fell to 0.00261287 USD after a 6.27% cut. It was followed by a hike of 7.24% and it added 0.0001 USD to the value then, thanks to a 7.24% hike. The last swing started at 22:18 UTC and by 02:24 UTC today, it lost 0.0001 USD and touched 0.00263584 USD.

The market cap of Dogecoin has also faced a bump on the way. Between October 20 and today i.e. October 21, the market cap has fallen to 331.82 million USD from 332.30 million USD.

Dogecoin Price

Dogecoin’s 20-day average stands at 0.00241493 USD and the 50-day average is 0.00241828 USD. The current price trend is at 0.0026419 USD and it is 9.24% and 9.39% more than the 50-day average and 20-day average respectively. As per dogecoin prediction, the next resistance for Dogecoin may come at 0.002775 USD.

Dogecoin (DOGE) Resistance & Support Levels
1st Resistance $0.002775
2nd Resistance $0.00282
3rd Resistance $0.002865
1st Support Level $0.002685
2nd Support Level $0.00264
3rd Support Level $0.002595
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Maxwell Mutuma

Maxwell Mutuma

Maxwell Mutuma is a crypto journalist at NameCoinNews, with over five years of experience in digital media and Web3 reporting. Since turning his focus to crypto in 2020, he has covered articles around blockchain infrastructure, DeFi protocols, exchange developments, and the broader decentralization movement. Maxwell's work is driven by a long-held conviction that decentralised technology represents a genuinely transformative force. He brings that perspective to his coverage of on-chain developments, regulatory shifts, and the global adoption of Bitcoin and digital assets.

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