February 01, 2025 at 09:00 Dogecoin's latest price

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis

February 1, 2025, 08:00 UTC

As of the latest update, Dogecoin (DOGE) is trading at $0.32877183842747, experiencing a decline of -0.97525568% in the last 24 hours. The 24-hour trading volume stands at $1791515847.1312.

Key Metrics:

• Circulating Supply: 147858126383.71
• Maximum Supply: Unlimited
• Total Supply: 147858126383.71
• Market Capitalization: $48611588037.612

Market Movement:

Over the past 24 hours, Dogecoin's price has seen a slight dip. The asset reached its lowest point at $0.32678012105244 and its highest at $0.33167879184678. This price action suggests that there is some volatility in the market, but the overall trend remains sideways.

Technical Indicators:

Based on technical indicators, Dogecoin's Relative Strength Index (RSI) is currently at 47.19, indicating that the asset is in a neutral zone. The Moving Average Convergence Divergence (MACD) is also suggesting a lack of clear direction, with the MACD line below the signal line and the histogram showing a flat trend.

Conclusion:

The Dogecoin market is currently experiencing some volatility, with the price moving within a narrow range. Technical indicators suggest a lack of clear direction, and traders may want to exercise caution before making any decisions. It is important to monitor the market closely and consider a long-term investment strategy rather than short-term trading.