(24-hour Dogecoin price trend)
Dogecoin (DOGE) Experiences Market Dip
As of July 18, 2024, 2:00 PM UTC, Dogecoin (DOGE) is priced at $0.1224844706459. The 24-hour trading volume stands at $720,148,913.86636. Unfortunately, Dogecoin has experienced a downward trend, with a price drop of -2.67418629% over the past 24 hours.
Circulating and Maximum Supply
The circulating supply of Dogecoin is 145,162,006,383.71. The maximum supply of DOGE is unlimited, while the total supply is also 145,162,006,383.71.
Market Cap
Dogecoin's market capitalization currently stands at $17,780,091,509.805, indicating a decline in value over the past 24 hours.
Technical Analysis
Dogecoin's current price action suggests a bearish trend. The downward movement in price could continue unless there is a significant reversal. Resistance levels to watch are $0.13 and $0.14, while support levels are located at $0.11 and $0.10.
Investor Sentiment
Market sentiment towards Dogecoin remains mixed. Some investors believe that the recent price dip presents a buying opportunity, while others anticipate further declines. It is essential for investors to conduct their own research and make informed decisions before investing in any cryptocurrency.