(24-hour Dogecoin price trend)
Dogecoin Price Analysis
As of November 3, 2024, 03:00 AM, Dogecoin (DOGE) is trading at $0.1584282839503, with a 24-hour trading volume of $1,496,603,883.124. In the last 24 hours, the price of Dogecoin has decreased by -1.08067606%.
Key Statistics:
- Circulating Supply: 146,626,866,383.71 DOGE
- Maximum Supply: None
- Total Supply: 146,626,866,383.71 DOGE
- Market Capitalization: $23,229,842,822.18
Technical Analysis:
- Support Levels: $0.155, $0.15, $0.145
- Resistance Levels: $0.16, $0.165, $0.17
Outlook:
Dogecoin's price action has been under pressure in recent weeks, due to factors such as macroeconomic uncertainty and regulatory concerns. The -1.08% decline in the last 24 hours indicates that market sentiment remains bearish.
Currently, Dogecoin is facing support at $0.155. If this level is broken, further declines to $0.15 and $0.145 are possible. However, if Dogecoin can hold above $0.155, there could be some signs of stabilization.
On the upside, the first resistance level lies at $0.16. If this level is breached, Dogecoin could target $0.165 and $0.17.
Overall, Dogecoin's price remains volatile, and traders should exercise caution when making investment decisions.