The crypto market was under huge pressure from the last couple of days. The speculations of improvement were made but the traders were quite scared due to the tremendous loss. Well, the traders can now take a sigh of relief.
Yesterday, Dogecoin was spotted touching a high at $0.002293 and a low at $0.002211. The volume marked on yesterday was $86,865,882. The day would give profit in the later hours to the intraday investors.
Dogecoin Price Analysis
Yesterday, Dogecoin started dealing at $0.002261. In the next 3 hours, the coin price slipped to $0.002154 by 4.74%. Further, the price escalated to $0.002244 but couldn’t hold itself at this level and fell to $0.002138 by 4.74% at 11:08 UTC. The DOGE price to $0.002271 by 6.17% hike. Further, the coin marked a slight uptrend and the price touched $0.002297 by 1.18%. The closing hours brought the Dogecoin price to $0.00218 from $0.00229 by 5.02% fall in 3 hours and 52 minutes.
The final hour took the price of Dogecoin to $0.00227 by 4.22% hike. Today, the currency slipped to $0.002150 by 5.49%, and then it reflected a steep hike, and the price reached $0.00232144 by 8.04% hike. Later, the price jumped to $0.0023206 from $0.002153 by 7.79%.
Dogecoin price is currently at $0.002158. The coin has breached all the previous support levels at $0.00222, $0.00217, and the next support level at $0.002145.
According to DOGE forecast, the currency is suggested for long-term traders. The pace of the coin is amazing for the specified period traders; thus, we wouldn’t recommend the short-term investment.