(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Analysis
As of July 18, 2024, at 4 PM, Dogecoin (DOGE) is trading at $0.12168784623417. The 24-hour trading volume stands at $728,673,647.08405, indicating significant market activity.
Price Fluctuations
Over the last 24 hours, the price of Dogecoin has experienced a slight dip of -3.02749985%. This decline is attributed to the overall bearish sentiment in the cryptocurrency market.
Key Metrics
- Circulating Supply: 145,163,156,383.71 DOGE
- Max Supply: N/A
- Total Supply: 145,163,156,383.71 DOGE
- Market Capitalization: $17,664,591,852.887
Technical Analysis
Based on technical indicators, Dogecoin is facing resistance at the $0.1250 price level. A break above this level could signal a potential bullish trend reversal. Conversely, a fall below $0.1190 may indicate further downward pressure.
Market Sentiment
The market sentiment towards Dogecoin remains mixed. Some analysts believe that the recent price dip presents a buying opportunity, while others anticipate further declines.
Disclaimer
The information presented in this analysis should not be considered financial advice. Investors should always conduct their own thorough research before making investment decisions.
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