Dogecoin Witnessed One Of Its Best Weeks, Next Stop At $0.00193

Dogecoin witnessed one of the best bullish weeks in its lifetime, and the coin managed to add 12.44% to its price in only seven days. Despite the overall bullish impact, the DOGE/USD pair may now face rejection at the $0.0019 mark.

However, the good thing is that the altcoin news and rumors are now showing that DOGE has a solid momentum. Dogecoin witnessed a rise and yielded the best out of the week. Over the last seven days, the coin has been jacked up by 12.44% and its value has moved from $0.0017 to $0.0019 in this period. As such, it may continue to grow in the coming days as well.

On March 30, the DOGE price was at $0.001704. Over the next 22 hours and 35 minutes of the same day, it managed to add 11.73% and touched $0.001904. After breaching this level, it faced downside correction to the tune of 9.32%, which took the DOGE price to $0.001728 by April 1st.

However, the Dogecoin news showed that the price did not stay there for long, and immediately started a recovery. By April 2, DOGE/USD could boom its value by 15.18% and touched the highest point of the week at 18% and touched the highest point of the week at $0..
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001988. The last variation happened between April 2 and April 5, when the price of DOGE and its value moved through a gentle slope and the swing cost the coin 9%.

Dogecoin witnessed a major rise and its market cap went from $226 million on March 30 to $238 million now. The current price of DOGe is $0.001925 with a 2.87% increase on the day. Currently, the levels to watch out for are the $0.00193 and then $0.00195, after which we may also be in for a surge over $0.002.

The MACD indicator reflects a bullish crossover. However, as per the weekly trading pattern, DOGE may not witness any unprecedented swings in the few days. The next resistance may come at $0.00193 which is a crucial level to watch out for right now.

In today’s cryptonews and price movements, we can see that we are at the start of a very fruitful week if the momentum maintains. As the true leader, Bitcoin (BTC) managed to add 5% to its price to reach $7,095, while ETH is at $153 with a 7% increase. Ripple’s XRP token is at $0.1876 adding 4% to its price, while the best performer in the top 20 was Stellar (XLM) with a rise of 12.49% to reach $0.04.