The latest price of Dogecoin at 14:00 on August 14, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis

As of August 14, 2024, 2 PM UTC, Dogecoin (DOGE) trades at $0.10578188474889. Its 24-hour trading volume is $494,427,959.40452.

Recent Price Movement

Dogecoin has gained 0.69465841% in value over the past 24 hours. This upward trend indicates bullish sentiment among traders.

Key Metrics

• Circulating Supply: 145,526,086,383.71 DOGE
• Maximum Supply: N/A
• Total Supply: 145,526,086,383.71 DOGE
• Market Capitalization: $15,394,023,697.798

Technical Analysis

• Resistance Levels: $0.11, $0.12, $0.13
• Support Levels: $0.10, $0.09, $0.08

Dogecoin has broken above the $0.10 resistance level, suggesting further potential for growth. However, traders should be aware of the resistance levels ahead that could potentially cap any upward movement.

Long-Term Outlook

Dogecoin has been on an upward trend in recent months, driven by increased investor interest and adoption. Its unique status as a "meme coin" and its support from influential figures, such as Elon Musk, have contributed to its popularity.

The long-term outlook for Dogecoin remains positive, but traders should be mindful of the potential for volatility in the cryptocurrency market. As with any investment, due diligence and risk management are crucial.