January 26, 2025 at 03:00 Dogecoin's latest price

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Today: Bearish Trend Continues

As of January 26, 2025, 02:00 AM UTC, Dogecoin (DOGE) is trading at $0.35535020924577, reflecting a 0.95018573% decline in the past 24 hours. This price action marks a continuation of the bearish trend that has dominated the market recently.

Trading Volume and Market Cap:

The 24-hour trading volume for Dogecoin stands at $1,604,400,651.5254, indicating significant trading activity. Despite the price decline, DOGE's market capitalization remains at a substantial $52,511,111,883.292.

Key Statistics:

• Circulating Supply: 147,772,846,383.71 DOGE
• Total Supply: 147,772,846,383.71 DOGE
• Maximum Supply: Not applicable, as DOGE has an infinite supply

Technical Analysis:

The technical indicators for Dogecoin suggest a bearish bias. The RSI (Relative Strength Index) has fallen below 50, indicating that the selling pressure is stronger than the buying pressure. Additionally, the MACD (Moving Average Convergence Divergence) is below the signal line, further confirming the bearish sentiment.

Conclusion:

Dogecoin's price action over the past 24 hours reflects a continuation of the prevailing bearish trend. The decline in price is accompanied by significant trading volume, while the market capitalization remains stable. Technical indicators suggest that the downward momentum may continue in the near term. Investors should exercise caution and monitor market conditions closely before making any trading decisions.