The latest price of Dogecoin at 15:00 on January 25, 2025

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis

As of January 25, 2025, at 2:00 PM UTC, the latest price of Dogecoin (DOGE) is $0.34856435433156, with a 24-hour trading volume of $1,790,502,825.8684. In the past 24 hours, Dogecoin's price has witnessed a decline of -2.33302233%.

Key Metrics:

• Circulating Supply: 147,766,066,383.71 DOGE
• Maximum Supply: N/A
• Total Supply: 147,766,066,383.71 DOGE
• Market Capitalization: $51,505,983,521.15

Recent Price Action:

Over the past 24 hours, Dogecoin has continued its downward trend. After experiencing a surge to $0.36 in the past few days, the price has retreated, indicating a selling pressure in the market.

Overall Market Sentiment:

The broader cryptocurrency market has been facing a bearish sentiment in recent times. Many major altcoins, including Bitcoin, have also been experiencing losses. Investors are exercising caution due to macroeconomic uncertainties and regulatory concerns.

Technical Analysis:

• Moving Averages: The 50-day moving average (MA) for DOGE currently stands at around $0.36, which is acting as resistance. The 200-day MA is at $0.33, indicating long-term support.
• Relative Strength Index (RSI): The RSI is currently at 45, which is in the neutral zone. This suggests that the market is neither overbought nor oversold.
• Support and Resistance Levels: Key support levels are at $0.33 and $0.31, while resistance levels are at $0.36 and $0.38.

Conclusion:

The recent price decline in Dogecoin reflects the bearish sentiment in the broader cryptocurrency market. However, the coin remains a popular altcoin with a strong community and use cases. Investors should monitor the overall market sentiment and technical indicators before making any investment decisions.