January 28, 2025 at 09:00 Dogecoin's latest price

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis: Token Shows Resistance at $0.33

As of January 28, 2025, 08:00 UTC, Dogecoin (DOGE) is valued at $0.33222423308438, marking a decline of -0.2402113% over the past 24 hours.

Trading Volume and Market Capitalization

The 24-hour trading volume for DOGE stands at $4,312,623,852.3889, a testament to its active market presence. The token's market capitalization is estimated at $49,103,906,555.509, indicating its significant influence within the cryptocurrency ecosystem.

Circulating and Total Supply

The circulating supply of DOGE is reported at 147,803,506,383.71, indicating the amount in active circulation. The maximum supply is stated as unavailable, while the total supply matches the circulating supply at 147,803,506,383.71.

Technical Analysis

Technical analysis suggests that DOGE is currently facing resistance at $0.33. However, the token is expected to break through this level and move higher, potentially reaching the next resistance zone around $0.35. Support for DOGE is anticipated around $0.32.

Conclusion

Dogecoin has demonstrated resilience in the face of recent market volatility, maintaining a solid position within the cryptocurrency space. The token's strong trading volume and market capitalization indicate that it remains popular among traders and investors. While DOGE is currently facing resistance, technical analysis suggests that it may be poised for further growth in the near future.