Dogecoin Loses Momentum; 2.69% Loss Leads it to $0.0025

• Dogecoin loses 2.69% over the last 24 hours.
• The next resistance is expected to meet around 0.0026 USD.

Dogecoin has shocked the market with a 2.69% decline over the last 24 hours and this decrement has pushed the value to 0.0025 USD. It has shown three major price swings in this period within the price range of 0.00259 USD and 0.00243 USD.

Dogecoin Price Analysis

Dogecoin’s first swing started at 00:06 UTC and over the next 7 hours and 57 minutes, it fell to 0.00248028 USD after a 4.48% decline. The next few hours were full of volatile fluctuations. The second swing started at 12:58 UTC and it made DOGE lose 0.00014 USD in the next 3 hours and 20 minutes. It was followed by a hike of 4% that took the value to 0.00252743 USD by 22:04 UTC.

Over the last seven days, Dogecoin has witnessed a series of growth. It started the week at 0.002336 USD and now it is roaming around 0.0025 USD. The highest point for the week was at 0.002577 USD.

Dogecoin’s current trading price is 0.00252665 USD and its 20-day average and 50-day average are respectively at 0.00230829 USD and 0.00239338 USD. The current trend is 5.56% more than the 50-day average and 9.45% more than the 20-day average of Dogecoin. Dogecoin’s next resistance may fall at 0.0026 USD as per Dogecoin forecast.