The latest price of Dogecoin at 21:00 on September 22, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis: Moderate Decline in Value

As of September 22, 2024, 9:00 p.m. EST, Dogecoin (DOGE) is valued at $0.10666414254507. This represents a decline of -0.10542217% over the past 24 hours.

Trading Volume and Market Cap

The trading volume for Dogecoin in the last 24 hours stands at $528,358,937.37083, indicating a high level of activity. The circulating supply of Dogecoin is 146,062,336,383.71 DOGE, with a total supply of 146,062,336,383.71 DOGE. The market capitalization of Dogecoin is $15,579,613,868.498.

Recent Price Movement

Over the past 24 hours, Dogecoin has experienced a slight decrease in price. This follows a recent surge in value on September 21st, when DOGE reached a high of $0.10745073437715. However, despite the recent decline, Dogecoin still maintains a significant value compared to many other cryptocurrencies.

Technical Analysis

Based on technical analysis, Dogecoin is currently facing resistance at the $0.107 level. A breakout above this resistance could lead to further gains for DOGE. Conversely, if Dogecoin falls below $0.106, it could indicate a potential downward trend.

Conclusion

Dogecoin's recent price decline is a moderate correction following its recent surge. While the cryptocurrency's future price movement is uncertain, its high trading volume and market cap suggest that Dogecoin remains a popular and influential asset in the cryptocurrency market.