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Dogecoin’s Volatile 30-Day Ride Ends with Marginal Gains

byRitu Lavania
January 8, 2020
in Dogecoin News

Dogecoin’s last 30 days’ journey replicates a roller-coaster ride. It has been through immense volatility during the period. However, the change radiant remains at a minor 1.23% towards the downside. The current price of Dogecoin is trading around $0.002167.

Dogecoin price was at $0.002194 on December 09 when it started downside movement. Over the next 9 days, the coin fell by a whopping 12.65% that took the price down to $0.0019171. This is the lowest point for Dogecoin in the last 30 days. It was followed by a 9.70% price recovery that pushed DOGE price to $0.0021030 by December 23. The next few days saw a downtrend in the Dogecoin price. The last swing happened between December 25 & January 08, and over these 13 days, the currency has been traded upwards by 11.20% and got placed at $0.0022183.

DOGE News

Dogecoin Shows Marginal Gains

There has been a decent increment in the market cap of Dogecoin since the last month. Currently, it has been reached up to 301.065 million USD from 270.249 million USD in the last 30 days.

Dogecoin’s current price at $0.0021676 has managed a marginal lead of 0.77% over the 50 days MA ($0.0021509). However, it is still lagging behind the 20 days MA ($0.00217). It depicts the recent upsurge of Dogecoin’s price. As per our DOGE prediction and past performance, the upsurge is here to stay for some time. The next resistance seems imminent at $0.002502 with a bullish medium-term outlook.

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Ritu Lavania

Ritu Lavania

Ritu Lavania is a versatile Web3 content creator with over three years of experience in the crypto space. She specializes in creating engaging and impactful content for diverse audiences. Her skill set includes research, creative writing, SEO, and cross-functional collaboration. She supports animal and education causes . She enjoys writing poetry and interpreting abstract art!

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