- Dogecoin price is finding it hard to sustain its upward momentum as seen from the weekly price movement
Dogecoin (DOGE) price had managed a stable upward momentum till July. From there, it was a continual downhill for the currency. The price is still under a lot of pressure though the DOGE is trying hard to recover as seen from the last week’s price movment where the prices have been oscillating between $0.0022–$0.0024.
Dogecoin Price Analysis:
The currency has been under continual bear pressure as seen from the last few weeks. From a high of $0.0023 on October 06, the price of Dogecoin traded down to $0.0022 on the next day, the downward swing was to the extent of 5.68%. On October 09, the DOGE price rose by 9.89% and traded above $0.0024. However, this price rise was short-lived as the coin registered a 7.88% fall and retested $0.0022 mark on October 10. Today, the price is still trading around $0.0022 which shows a moderate momentum.