February 11, 2025 at 07:00 Dogecoin latest price

(24-hour Dogecoin price trend)

Dogecoin Price Analysis: February 11, 2025

7:00 AM (UTC)

Price: $0.25367139769664
24-Hour Trading Volume: $1354545654.2369
Price Change (24 Hours): +2.61124074%

Key Metrics:

Circulating Supply: 147993336383.71 DOGE
Max Supply: N/A
Total Supply: 147993336383.71 DOGE
Market Cap: $37541676490.244

Current Trends:

• Positive: Dogecoin has experienced a significant price increase of over 2% in the past 24 hours.
• Volatile: The cryptocurrency market as a whole is experiencing volatility, which could impact the price of DOGE in the coming hours and days.

Technical Indicators:

• Relative Strength Index (RSI): 65.94 (Overbought)
• Moving Average Convergence Divergence (MACD): Bullish crossover
• Bollinger Bands: Widening, indicating high volatility

Market Sentiment:

• Bullish: The recent price increase and positive technical indicators suggest that the market is bullish on DOGE.
• Growing Popularity: Dogecoin's popularity has been growing steadily, contributing to its price rise.

Conclusion:

The price of Dogecoin has exhibited a positive uptrend in the past 24 hours. While technical indicators suggest bullishness, the overall market volatility could impact the cryptocurrency's performance in the short term. Investors should exercise caution and monitor market developments closely before making any trading decisions.