(24-hour Dogecoin price trend)
Dogecoin Price Analysis
As of October 25, 2024, at 03:00 UTC, Dogecoin (DOGE) is trading at $0.13992869486921, with a 24-hour trading volume of $1,355,275,308.5652. The price of DOGE has increased by 2.98181452% in the past 24 hours.
Key Statistics
- Circulating Supply: 146,503,556,383.71 DOGE
- Maximum Supply: N/A
- Total Supply: 146,503,556,383.71 DOGE
- Market Capitalization: $20,500,051,438.47
Market Performance
Dogecoin has experienced a positive performance in the past 24 hours, with a price increase of 2.98%. The 24-hour trading volume indicates strong market activity and liquidity.
Historical Context
Over the past month, DOGE has shown a fluctuating trend. It reached a high of $0.1452 on September 25, 2024, and a low of $0.1332 on October 10, 2024.
Technical Analysis
Technical analysis suggests that DOGE is currently trading within a bullish trend. The Relative Strength Index (RSI) is above 50, indicating positive market momentum. The Moving Average Convergence Divergence (MACD) line is above the signal line, further suggesting bullish sentiment.
Conclusion
Dogecoin's price has increased in the past 24 hours, supported by strong trading volume and technical indicators signaling bullish momentum. However, it's important to note that cryptocurrency prices can be volatile, and investors should always conduct thorough research before making any investment decisions.