February 11, 2025 at 19:00 Dogecoin latest price

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Extended Price Analysis

Dogecoin (DOGE) is currently trading at $0.26492949714194, representing a rise of 5.59242418% in the past 24 hours. The 24-hour trading volume for DOGE is $1443915927.0212.

Key Metrics

• Circulating Supply: 148000206383.71 DOGE
• Max Supply: Unlimited
• Total Supply: 148000206383.71 DOGE
• Market Capitalization: $39209620254.138

Recent Price Action

Dogecoin has been trading within a narrow range over the past few weeks. The cryptocurrency reached a high of $0.274 on February 5th, but has since pulled back to its current level.

Key Support and Resistance Levels

The key support level for Dogecoin is at $0.250. If DOGE breaks below this level, it could extend its decline towards $0.230.

On the upside, the key resistance level for Dogecoin is at $0.280. If DOGE breaks above this level, it could extend its rally towards $0.300.

Technical Outlook

The technical indicators for Dogecoin are mixed. The Relative Strength Index (RSI) is currently at 52.97, indicating that DOGE is slightly overbought. The Moving Average Convergence Divergence (MACD) line has crossed above the signal line, suggesting that the bulls are in control.

Market Sentiment

The market sentiment for Dogecoin is currently positive. Many analysts believe that DOGE has the potential to rally further in the coming months. However, some analysts caution that the cryptocurrency is overvalued and could experience a correction in the near term.

Conclusion

Dogecoin has been trading within a narrow range over the past few weeks. The key support level for DOGE is at $0.250, while the key resistance level is at $0.280. The technical indicators are mixed, but the market sentiment is positive.