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

• 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 Price Analysis

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’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.