- Dogecoin’s value has been raised by 12.44% in the last seven days
- Despite the overall bullish impact, DOGE/USD may face rejection at $0.0019 mark
Amidst massive price fluctuations, Dogecoin has yielded the best out of the week. Over the last seven days, it has been jacked up by 12.44%, and its value has been moved from $0.0017 to $0.0019 in this period. It may continue to grow in the coming days as well.
Dogecoin Price Analysis
DOGE price was at $0.001704 at the starting of March 30. Over the next 22 hours and 35 minutes of the same day, it added 11.73% and touched $0.001904. After breaching $0.0019 level, it faced downside correction to the tune of 9.32%, which took the Dogecoin price to $0.001728 by April 01.
However, the price didn’t stay there for long and started recovering. By April 02, DOGE/USD could boom its value by 15.18% and touched the highest point of the week at $0.001988. The last variation happened between April 02 & 05. In these three days, Dogecoin value moved through a gentle slope, and this swing cost it 9.01%.
Dogecoin’s market cap on March 30 was 226.946 million USD, and over the last seven days, it has been hyped to 231.231 million USD. The current price at $0.001916 is almost 2.5% more than the 20 days MA and 50 days MA. Its MACD indicator reflects a bullish crossover. However, as per the weekly trading pattern, Dogecoin may not witness any unprecedented swings in the next few days. The next resistance may come by $0.00193.
|Dogecoin (DOGE)||Resistance & Support Levels|