Dogecoin’s Average Transaction Value is 332545.1392 – How Did it Impact Price?


The Hourly View for Dogecoin

  • Currently, DOGE’s price is up $0 (0.47%) from the hour prior.
  • It’s been a feast for bulls operating on an hourly timeframe, as Dogecoin has now gone up 4 of the past 5 hours.
  • Regarding the trend, note that the strongest trend exists on the 50 hour timeframe.
  • Regarding moving averages, it should first be noted that price has crossed the 20 hour moving average, resulting in them with price now being above it. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.

Dogecoin’s hourly price chart is shown below.

DOGE

The Daily View for Dogecoin

  • At the moment, DOGE’s price is up $0 (0.29%) from the day prior.
  • This is a reversal of the price action on the previous day, in which price moved down.
  • As for the trend on the daily timeframe, we see the clearest trend on the 100 day timeframe.
  • Of note is that the 20 day changed directions on DOGE; it is now pointing up. The moving averages on the daily timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.

Below is a daily price chart of Dogecoin.

DOGE

The Latest From DOGE’s Blockchain

  • For DOGE, its count of active addresses is now at 65449.
  • Over the past 29 weeks, the trend for DOGE’s daily transaction count has been choppy and unclear. It has oscillated between 18745 and 45759.
  • DOGE has an average transaction value of 332545.1392, up 11.75% from its value day prior.



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