Dogecoin’s last week has shown a decent price recovery of 10.02% after a long gap. The current value is now at $0.002334. The bullish trend of the last seven days is likely to stay with Dogecoin in the upcoming days. However, it may not shield its investors from sudden price movements.
DOGE was being traded at $0.002122 on January 13, and over the next two days, it got a push of 16.82% to find itself at $0.002479. The next day saw a little struggle only to find a bullish run between January 16 & 19. In these three days, Dogecoin managed a boost of 18.28% value, and this swing took the price to the highest of the week at $0.002657. Later, the currency encountered a bearish pressure to the extent of 12.02% that has pulled the DOGE price down to $0.0023385.
Dogecoin’s current price is lagging behind its 50 days MA ($0.00239242) by 2.40% & 20-days MA ($0.00240188) by 2.78%. Though the averages are going at a distance, DOGE is likely to retain the moderate uptrend for the next few days. It may find comfort at $0.002530 as its next resistance point.
