Dogecoin (DOGE)
DOGE Weekly Price Analysis – DOGE’s Past Week and Next Target for October 2023
DOGE has shown growth of 0.47% in the last week. Currently, DOGE is being traded at $0.05826 and showing bullish behaviour.
Introduction
DOGE, the meme coin is ranked 9th on coinmarketcap.com out of 8,877 registered cryptocurrencies. After the launch of the meme coin, DOGE pumped up from an all-time low of $0.00008547 to an all-time high price of $0.7376 in 2021.
Price Value
Currently, Dogecoin (DOGE) is trading at $0.05826 and is expected to show exponential growth in the coming time. As meme coin has seen the fluctuations in last couple of weeks, after a bearish trend the graph line of DOGE has turned green and shows bullish movement.
Statistical Data
Dogecoin (DOGE) is gaining momentum and is trading at $0.5826 with a trading volume of $113,893,274 in the last 24 hours. The percentage of DOGE’s trading volume has decreased as compared to its previous performance. Dogecoin’s total circulating supply in the market is 141,474,386,384 DOGE and the total market cap is $8,233,584,580.
Price Analysis
DOGE has shown growth of 0.47% in the last week. Currently, DOGE is being traded at $0.05826 and showing bullish behaviour. It is being traded in a USD pair and trading volume over the last 24 hours has declined by 23.08% but now is in the green line.
Although DOGE has touched the lowest price of $0.05759 now is in the green line and an increasing its price in an irregular manner.
Support and Resistance Level
DOGE touched the support level on 12th October 2023 which revived its price from $0.05759 and then reached $0.06018, its resistance level from which the price couldn’t exceed.
Also Read: SpaceX Starship Launch Fails, Dogecoin Reacts
Price Prediction
Although the last week has been evident of fluctuations in the DOGE’s value the overall price of DOGE has increased by 0.52% in seven days. Crypto giants are eyed upon DOGE and if we look at the analysts DOGE is expected to cross $0.07000 in the coming couple of days.
Conclusion
Among various other meme coins, Dogecoin is moving ahead and is in the 9th rank on the coinmarketcap. DOGE is expected to move further and lead the meme coins.
