(24-hour Dogecoin price trend)
Dogecoin Holds Steady at $0.3 Amidst Trump's Endorsement
January 14, 2025, 6:00 PM UTC
Dogecoin (DOGE) is currently trading at $0.35463765773048, with a 24-hour trading volume of $3,851,079,560.577. DOGE has gained 9.19803692% in the past 24 hours.
Bitcoin's circulating supply is 147,618,086,383.71, Dogecoin has no maximum supply, and the total supply is 147,618,086,383.71. The circulating market cap for DOGE is $52,350,932,393.772.
Related News Items:
- DOGE Holds Steady at $0.3!
- Trump's Endorsement Sends DOGE Surging 25% to Break $0.5!
- Today's Crypto Prices: Bitcoin Rebounds to $95,000, FARTCOIN Soars 42%, DOGE and SHIB Rise
Technical Analysis:
DOGE has been trading in a narrow range between $0.32 and $0.36 for the past few days. The bulls have repeatedly attempted to break above the $0.36 resistance level, but so far have been unsuccessful.
The 50-day moving average is currently at $0.34, providing support. However, the 200-day moving average is at $0.37, acting as resistance.
Conclusion:
DOGE is currently trading in a neutral zone, with no clear upward or downward trend. The bulls need to break above the $0.36 resistance level for the price to continue higher. If they fail to do so, DOGE could retest the $0.32 support level.
Investors should tread cautiously and monitor the price action closely.