February 18, 2025 at 11:00 Dogecoin latest price

(24-hour Dogecoin price trend)

Dogecoin Price Analysis: DOGE Drops 3% Amidst Market Sell-Off

As of 11:00 AM UTC on February 18, 2023, Dogecoin (DOGE) is trading at $0.2576137169715. This represents a 24-hour trading volume of $1364002187.7122. Over the past 24 hours, DOGE has experienced a decline of -3.06521714%.

Key Data:

• Circulating Supply: 148091606383.71
• Maximum Supply: N/A
• Total Supply: 148091606383.71
• Market Cap: $38150429172.786

Market Conditions:

The broader cryptocurrency market is currently experiencing a sell-off, with major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) facing losses. This trend has impacted DOGE, which has followed the overall market sentiment.

Relevant News:

• News organizations like Golden Finance have featured the latest price action of DOGE and other cryptocurrencies in their morning news briefings.

Technical Analysis:

From a technical perspective, DOGE has been trading within a range between $0.25 and $0.26 in recent days. The decline over the past 24 hours has pushed it towards the lower end of this range.

If DOGE fails to find support at this level, it could face further losses towards $0.24 or lower. Conversely, a recovery above $0.26 could indicate a potential reversal of the current downtrend.

Conclusion:

Dogecoin has experienced a decline along with the broader cryptocurrency market in recent hours. While the downtrend could continue if the market sell-off persists, a technical bounce from current levels remains a possibility.

Investors should monitor price action closely and perform their own research before making any trading decisions.