The latest price of Dogecoin at 21:00 on December 26, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Shows Signs of a Bullish Breakout

As of December 26, 2024, 9:00 PM EST, Dogecoin (DOGE) is trading at $0.31660353130987 with a 24-hour trading volume of $2,464,500,506.1842. DOGE has experienced a price correction of -4.2908159% in the last 24 hours.

Supply and Market Cap

The current circulating supply of DOGE is 147,360,736,383.71, with a maximum supply of infinite and a total supply of 147,360,736,383.71. The market capitalization of DOGE stands at $46,654,929,515.504.

Technical Analysis

Analysts have observed similarities between the current price action of DOGE and its bullish consolidation pattern in 2021, suggesting the potential for a significant bullish breakout in the coming months.

Chart analysis indicates that DOGE could potentially retrace to its highs of late 2024 and continue its uptrend into 2025. This bullish outlook is supported by the positive divergence between the price and the Relative Strength Index (RSI) indicator.

Outlook

Based on the current market conditions and technical analysis, DOGE appears to be poised for a potential bull run. The coin could see significant gains over the next several months, with further upside potential in 2025.

However, it's important to note that cryptocurrency markets can be volatile and unpredictable. Investors should exercise caution and conduct thorough research before making any investment decisions.