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Is Dogecoin about to Make a Comeback?

  • The price of Dogecoin DOGE/USD is up by 2.2% in the past 24 hours.
  • Key Resistance levels for DOGE/USD found at $0.00278, $0.0029, $0.0030, $0.0032
  • Key support levels for DOGE/USD found at $0.0026, $0.00253, $0.0025, $0.0024.

Dogecoin is a peer-to-peer digital currency and as of today, the price of Dogecoin is 0.266119 USD. The market cap of Dogecoin for the past 24 hours has decreased by 0.584 million USD. In the last 24 hours, the price increased by 2.2% from 0.002463 USD.

Dogecoin Price Statistics

Dogecoin Price $0.00260372
Market Cap $317,424,452
Market Cap Dominance 0.13%
Trading Volume $89,001,125
Volume / Market Cap 0.2804
24h Low / 24h High $0.00257496 / $0.00261824
7d Low / 7d High $0.00260158 / $0.00264997
Market Cap Rank #30
All-Time High $0.01758609 -85.2%
Jan 07, 2018 (almost 2 years)
All-Time Low $0.00008690 2893.5%
May 06, 2015 (over 4 years)
Dogecoin/Bitcoin Ratio 1 BTC = 3577198.18 DOGE

Dogecoin was trading at $0.0027 on October 20. That day, the coin fell to $0.002611 by 6.01%. Starting at 0.00263555 US dollars on 30th October, which concluded the price of 0.00259571 on November 2, after which the cryptocurrency saw lower lows. The Dogecoin price touched 0.00246412 on 4th November, following which it came back above the 0.0026000 price line.

Dogecoin chart by the trading view

The charts have shown less volatile price because the cryptocurrency’s worth depicts a comparatively stable graph.
The price charts are expected to draw similar lows and highs, closer to the 0.0026000 price line in the upcoming days. At the time of writing, the cryptocurrency features a capitalization of $317,045,110.

The key DOGE resistance levels were calculated at: $0.00278, $0.0029, $0.0030, $0.0032. The key DOGE support levels were calculated at $0.0026, $0.00253, $0.0025, $0.0024.

Even if Dogecoin doesn’t stage a huge comeback, however, it’s likely it will continue to be an appealing option for those seeking a coin with fast transaction times and negligible transaction fees and secured an enormous user base.

This post first appeared on Coin Market, please read the originial post: here

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Is Dogecoin about to Make a Comeback?


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