Dogecoin which is at present the 19th most popular cryptocurrency having a market capitalization of $734,684,389 USD. It is currently trading at $0.006327 USD (1.88%) and the 24h trading volume is $65,398,067 USD. (Data are as per Coinmarketcap).
Dogecoin Forecast and Technical Analysis
As mentioned above Dogecoin soon seems to be in a bullish move. So here is our Dogecoin predictions and technical analysis on the basis of technical data provided by TradingView.
First of all, let’s discuss the technical analysis on the basis of 1h price forecast. After looking at the Moving Averages the 10-day Exponential Moving Average is 0.00000088 which is indicating a buy signal. Not only this the EMA (20), EMA (50) and EMA (100) whose values are 0.00000075, 0.00000058 and 0.00000052 respectively. Here the good thing is that all the EMA (10, 20, 50, 100) is indicating towards a buy signal.
Also, talking about the Oscillators the Relative Strength Index (14) is 72.90806600 and the MACD Level (12, 27) is 0.00000015. The MACD Level is depicting towards buy signal.
1h Price Forecast
Now let’s discuss the price analysis of Dogecoin on the basis of 1h Price forecast. The EMA(10, 20, 50) for Dogecoin in 1h price forecast is 0.00000101, 0.00000101, and 0.00000100 respectively. All these Exponential Moving Averages is indicating a buy signal.
The Simple Moving Average (10, 20, 50) is 0.00000101, 0.00000100 and 0.00000101 respectively. SMA (10, 50) is indicating a sell signal while SMA (20) is indicating a buy signal.
Now let us talk about the Oscillators, the Relative Strength Index (14) is 52.00737800 which is in the neutral zone. The MACD (12, 27) Level is in the buy zone with a value of 0.00000000.
How to buy Dogecoin [DOGE]?
The best way to buy or exchange Dogecoin is through Changelly. Just signup and buy with credit card, you can also exchange other cryptocurrencies with DOGE with the help of Changelly. For this, you have to pay the conversion charge.
What is Dogecoin?
Dogecoin is a decentralized, peer-to-peer digital currency that enables you to easily send money online. Think of it as “the internet currency.”
Dogecoin Price USD
The price of Dogecoin in USD is $0.006327 USD.
This article should not be considered as an investment advice. Please conduct your own research before investing in any cryptocurrency.
Disclaimer: Koinalert’s content is only for information purpose in nature and should not be considered as investment advice. Do your own market research before investing in any cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.