The latest price of Dogecoin at 09:00 on October 23, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Update for October 23, 2024

As of 9:00 AM UTC on October 23, 2024, the live price of Dogecoin (DOGE) stands at $0.13793112162751. Over the past 24 hours, the token has experienced a trading volume of $1596783944.7544, reflecting a 3.4763843% decrease in value.

Supply Metrics:

• Circulating supply: 146,479,566,383.71
• Maximum supply: N/A
• Total supply: 146,479,566,383.71

Market Capitalization:

The circulating market capitalization of Dogecoin is currently valued at $20,204,090,886.815.

Price Analysis:

In the past 24 hours, DOGE has exhibited a downtrend, marking a decline of 3.4763843%. The coin has been facing selling pressure, with traders taking profits after its recent rally. However, DOGE remains within a well-defined support range and has shown resilience in the face of broader market volatility.

Technical Indicators:

Technical indicators for DOGE suggest that the coin is currently in a neutral to slightly bullish position. The Relative Strength Index (RSI) is hovering around 50, indicating that the asset is not overbought or oversold. The Moving Average Convergence Divergence (MACD) indicator shows a slight positive divergence, suggesting that upward momentum may be building.

Conclusion:

Dogecoin's recent price decline is a reminder of the inherent volatility in the cryptocurrency market. However, the token's fundamentals remain strong and its loyal community continues to provide support. As the overall crypto landscape evolves, DOGE is well-positioned to capitalize on future growth and adoption.