(24-hour Dogecoin price trend)
Dogecoin Price Analysis (December 15, 2024, 9:00 PM)
At the time of writing, the live price of Dogecoin (DOGE) stands at $0.40180683510425. Over the past 24 hours, DOGE has experienced a slight decline of -0.05471449%. The 24-hour trading volume for DOGE is $3,267,515,503.5958.
Key Dogecoin Statistics:
- Circulating Supply: 147,210,396,383.71
- Maximum Supply: None
- Total Supply: 147,210,396,383.71
- Market Cap: $59,150,143,465.379
Recent Price Movement:
Over the past month, DOGE has shown mixed price action. It reached a monthly high of $0.43269796924048 on November 15, 2024, but has since faced downward pressure. The recent decline has brought the price of DOGE close to its previous support level at $0.40.
Technical Analysis:
The technical indicators for DOGE are currently neutral. The Relative Strength Index (RSI) is hovering around 50, indicating no clear overbought or oversold conditions. The Moving Average Convergence Divergence (MACD) is also showing a neutral trend, with the MACD line and signal line closely aligned.
Market Sentiment:
Market sentiment towards Dogecoin remains mixed. Some investors believe that the recent dip in price represents an opportunity to buy DOGE at a discounted rate. Others remain cautious, noting the volatility of the cryptocurrency market.
Disclaimer:
The information provided in this analysis is for informational purposes only and should not be construed as financial advice. Investing in cryptocurrency involves risk, and readers are advised to conduct their own research before making any investment decisions.