Price Analysis

Will Dogecoin Price Give Bears Pushover in the Coming Days?

Dogecoin price has had a good start to the beginning of November, as seen from the 30-day price movement, even in the ongoing bearish volatility in the crypto market. However, the price of Dogecoin took a beating after the second fortnight of the month as the bear momentum got too strong and took center stage in the crypto market. The price fluctuation over the past 30 days has seen DOGE price trading in the range of $0.0021- $0.0028.

Dogecoin Price Prediction

Dogecoin managed to outwit the bears during the first part of the month though the market pressure got too strong during the later part of the month as indicated by the 30-day price trend. The price started on a high note at $0.0028 on November 12. Then, the price fell to the extent of 13.38% on November 19 at $0.002422. The price did recover on November 21 at $0.002591. From here on, the bears started getting stronger, and the price slid below the baseline and reached $0.0021 on November 25. Even then, the price of Dogecoin managed to give the bears a tough fight and managed to reach at $0.0024 on November 30 with a hike of 12.95%. Then, once again, the DOGE price slid to $0.0021 on December 06. Today, the coin has shown a slight recovery to the extent of $0.0022 at 2.1%.

DOGE price has put up a good show the last month though the price slid downwards during the later part of the month. The currency has been trying to move away from the bear grip, and according to analysts, Dogecoin may get back to its earlier upward trend in the near-term. Day traders could still gain if they time their investments rightly.

Edward Scates

Edward Scates is an intern at CryptoMoonPress team. He has completed his bachelor's in finance. Writing and analyzing trends of crypto markets are his passion. Before joining our team, he was working as a freelance writer for some of the foremost publications. In additon to writing, he is disciplined trader of forex and crypto market.

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