Dogecoin Keeps the Escalation Intact in the Week-long Run

Dogecoin price marks an escalation on the weekly chart despite the heavy fluctuation in the market. The coin used to take an influenced walk due to Bitcoin’s price movement. But, the current momentum is pointing towards a change. Bitcoin price is currently falling and even in the weekly chart, it has marked regression. However, Dogecoin is currently moving upwards, and in the last seven days, DOGE price has been surprising the traders with its uptrend walk.

Dogecoin Price Prediction

The currency started the week at $0.002254. On October 13, the price jumped from $0.002254 to $0.002483 by 10.15%. On the next day, the price escalated from $0.002483 to $0.002589 by 4.35%. There was a drop observed on October 15, when Dogecoin value slipped from $0.002589 to $0.002531 by 2.26%. On October 16, DOGE price remained flat and marked a 0.54% progressive movement. The counters changed from $0.002531 to 0.002544. Further, on the next day, the price moved from $0.002544 to $0.002743 by 7.99%. On October 18, the price of Dogecoin dropped to the tune of 1.71%. The price moved from $0.002743 to $0.002696. Yesterday, the price again remained stable at around $0.0026 mark. Today, the coin reflected a slight uptrend and is dealing at $0.002771.

Dogecoin
Dogecoin Price Chart by TradingView

DOGE price counter is slowly moving towards its immediate resistance level. The price would soon breach the level of $0.002803. Conversely, if Dogecoin price starts fluctuating and drops, it would find immediate support around $0.0026. Here’s the list of calculated resistance and support levels:

Resistance Level Price Support Level Price
R1$0.002803S1$0.002676
R2$0.002862S2$0.002608
R3$0.00293S3$0.002549

In the coming time, Dogecoin’s price is anticipated to rise. The best-suited investment would be long-term investment. The specified period could bring a colossal outlay of profits.

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