February 14, 2025 at 14:00 Dogecoin latest price

(24-hour Dogecoin price trend)

Dogecoin Eyes Positive Momentum, Attempts to Reclaim Resistance

As of February 14, 2025, at 2 PM, Dogecoin (DOGE) was valued at $0.26213483014454, with a 24-hour trading volume of $1387412740.8749. Over the past day, DOGE has witnessed a gain of 1.57461495%.

Key Cryptocurrency Metrics:

• Bitcoin (BTC) circulating supply: 148038726383.71
• Dogecoin (DOGE) circulating supply: 148038726383.71
• Dogecoin (DOGE) maximum supply: N/A
• Dogecoin (DOGE) total supply: 148038726383.71
• Dogecoin (DOGE) market cap: $38806106395.407

Price Analysis and Market Sentiments:

Dogecoin has recently retested its 200 EMA (Exponential Moving Average), indicating potential support for the bulls. This move comes as market participants aim to fill the CME gap, a price gap created during weekend trading when CME futures markets are closed.

If DOGE can successfully fill this gap, it could trigger a bullish breakout and extend the current uptrend. Conversely, a failure to sustain above the 200 EMA or fill the CME gap could result in a correction or even a reversal of the bullish momentum.

The relative strength index (RSI) for DOGE is currently hovering around 62.50, indicating that the token is slightly overbought but still within a healthy range. This suggests that there is still some room for upward movement before a potential correction.

Outlook and Sentiment:

Overall, the current market sentiment for DOGE appears to be cautiously optimistic. The successful retest of the 200 EMA and the potential to fill the CME gap provide opportunities for further growth. However, investors should exercise caution and monitor the price action closely to identify any signs of a reversal or correction.