(24-hour Dogecoin price trend)
Dogecoin Price Analysis
As of February 17th, 2025 at 10:00 PM EST, the live Dogecoin (DOGE) price is $0.26712444897905 with a 24-hour trading volume of $1,096,893,417.8879. DOGE price is up by -0.2938757% in the last 24 hours.
Dogecoin Price Movements
Circulating Supply: 148,084,216,383.71
Total Supply: 148,084,216,383.71
Market Cap: $39,556,914,703.992
Dogecoin Market Sentiment
The emergence of meme-based investing has broadened the investment landscape, with Dogecoin (DOGE) serving as a notable example. However, recent market analysis suggests that DOGE may be facing downward pressure.
Potential 44% Dogecoin Price Drop with Death Cross Pattern
Some market analysts have identified a potential "death cross" pattern in DOGE's technical indicators. A death cross occurs when a short-term moving average, typically the 50-day moving average (DMA), falls below a long-term moving average, such as the 200-DMA. Historically, this pattern has been seen as a bearish signal, indicating a potential decline in price. If DOGE confirms a death cross, it could result in a significant price drop of around 44%.
Litecoin (LTC) Surge Driven by DOGE and XRP ETF Rumors
In related news, Litecoin (LTC) has experienced a 16% surge in demand from whales, driven by rumors of impending Exchange Traded Funds (ETFs) for DOGE and Ripple (XRP). LTC, a precursor to DOGE, has often been influenced by the movements of these meme-based cryptocurrencies.