Dogecoin – Technical cryptocurrency analysis

Analyse Dogecoin (DOGE-USD) using a set of line charts displaying technical indicators in relation to its price performance of this cryptocurrency. This free crypto analysis tool provides traders with insights into volatility, RSI, MACD, MFI, OBV, A/D, Stochastic oscillator and CCI compared to the crypto price of Dogecoin over time. It assists in identifying trading opportunities and understanding risk for this cryptocurrency.

Dogecoin was originally created as a meme coin and known for its community-driven nature and fun image. Dogecoin has grown in popularity and reached a market capitalization of US$85 billion in 2021. It was intended as a peer-to-peer digital currency that could reach a broader demographic than Bitcoin. A commercial application of Dogecoin has been Internet-based tipping systems. Dogecoin’s blockchain was based and Litecoin and uses the Scrypt hashing algorithm. It cannot interact with smart contracts directly. But it can be tied to the Ethereum blockchain to access some decentralized finance instruments.

Technical analysis of Dogecoin (Cryptocurrency) [guide]

Additional resources

External links
Dogecoin on Yahoo Finance
Wikipage with general information

Related internal cryptocurrency comparisons
Cryptocurrency comparison

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