(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Analysis
As of September 11, 2024, at 03:00 UTC, the price of Dogecoin (DOGE) stands at $0.10266266931589. This represents a 0.70663337% decline in value over the past 24 hours. The current trading volume for DOGE is $524,312,580.38742 in the same time frame.
Key Metrics
- Current price: $0.10266266931589
- 24-hour trading volume: $524,312,580.38742
- 24-hour price change: -0.70663337%
- Bitcoin (BTC) circulation supply: 145,901,936,383.71
- Dogecoin (DOGE) maximum supply: Unlimited
- Dogecoin (DOGE) total supply: 145,901,936,383.71
- Dogecoin (DOGE) circulating market cap: $14,978,682,247.508
Technical Indicators
At the time of writing, the Bollinger Bands indicator for DOGE is narrowing, indicating a potential breakout or consolidation period. The Relative Strength Index (RSI) is currently at 53.22, suggesting that DOGE is in a neutral zone between being overbought and oversold.
Outlook
The recent price action of Dogecoin suggests that the cryptocurrency is currently in a consolidation phase. A breakout above the immediate resistance level of $0.105 could indicate a potential upward trend for DOGE, while a drop below the support level of $0.10 could signal further downside.
However, it's important to note that the cryptocurrency market is highly volatile and susceptible to external factors, such as regulatory changes and geopolitical events. Investors are advised to conduct their own research and exercise caution before making any investment decisions.