(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Analysis
As of September 16, 2024, at 6:00 PM UTC, Dogecoin (DOGE) is trading at $0.10155766485101, with a 24-hour trading volume of $518,139,797.60934. Over the past 24 hours, the price of Dogecoin has dropped by -3.10418542%.
Tokenomics:
- Circulating Supply: 145,978,776,383.71
- Maximum Supply: N/A
- Total Supply: 145,978,776,383.71
- Market Cap: $14,825,263,647.337
Market Analysis:
Dogecoin has been on a downward trend over the past 24 hours, following the broader crypto market correction. However, the coin remains bullish in the long term, with a strong community and ongoing developments.
Key Indicators:
- RSI (14): 48.23 (Neutral)
- MACD: Bearish
- Stochastics: Oversold
Conclusion:
Dogecoin is facing some short-term price pressure, but the long-term outlook remains positive. With a strong community and continued advancements, DOGE is expected to regain value in the coming months. However, investors should exercise caution and conduct thorough research before making any decisions.