Dogecoin price decreases by 10 %, as investors flow to this ICO

The price of Dogecoin has decreased by 10 % in the past 24 hours of trading at $ 0.2065 from 3:35 am EST on the trading volume, which rose 144 % to $ 2.94 billion.

Doge Price witnessed sharp declines last week, the first of which came on February 21. After the price was traded sideways to several dollars, the price decreased sharply on February 21 to $ 0.24. After that, it made a simple recovery to $ 0.25, only to see another sharp decline yesterday.

With the last decrease, Doge Price destroyed support at $ 0.24, which paid the price to $ 0.20. On a weekly basis, Dog saw a decrease of more than 18 % as holders of the distinctive symbol continued to sell.

Predicting the price of Dogecoin

After declining to $ 0.20, try the price of refreshment, but it was rejected before reaching $ 0.21. Its teams in Bollinger witnessed several expansion and narrowness last day, every time another support is broken and the price continued to decrease.

Most of the breadth came from the price that pays the bottom range down, which is, of course, a downward signal.

On the other hand, the RSI is completely consistent with its performance, fluctuating between the sales zone and the neutral value at 50. Given that the relative strength index has moved from 50 to 30 and returned again, and rarely exceeds any of these borders, it seems that traders were using them as their main metrics to make young entities several times a day.

Currently, the relative strength indicators are in the middle of the road between these two barriers, and it sits 37.61 after failing to reach 50 early. It remains to see if it will accumulate enough purchase pressure to return to the neutral value, or if it will simply drown to the Over.

Either way, the relative strength index, as well as the price of Dogecoin, is now struggling, which may be an opportunity for long -term investors to purchase DOGE with a discount. Those who are looking for short -term gains, however, should look at some Doug alternatives.

A promising alternative to Dogecoin

One of the most promising alternatives to Dogecoin is the Meme (Meex) – a project that aims to make Meme Coin invest safer and more convenient by offering baskets of encryption that you can invest in.

These baskets, or indexes, are all with different levels of risks, but they are generally safe to invest in any individual MIM, because the entire indicator’s performance depends on the performance of the majority of encryption stored within it. In other words, even if one or two metal currencies at home are struggling, as long as others work well, you can still expect gains.

The project offers four indexes called Titan, Moonshot, MidCAP and Frenzy, each of which comes more risks than previous risks. Of course, with increased risk comes a greater reward if things go well for the majority of coins. However, the risk of losing your entire investment also increases.

To invest in any of these baskets, you will need the original symbol of the project, Memex. Currently, MEMEX is still in the pre -walking stage, providing investors an opportunity to buy it at a low price of 0.0165555. Many have already jumped the opportunity, allowing the project to raise more than $ 3.84 million in the past few weeks.

ClayPro, Utiper encryption with more than 136,000 subscribers, is seen as a great purchase opportunity now after the rest of the M -currency market is struggling. Memex may go directly in time when the recovery period begins, in which case it may see its price significantly after its launch.

Buy Memex codes here before raising a prior price within 42 hours to lock the best deal.

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