The latest price of Dogecoin at 22:00 on December 02, 2024

(24-hour Dogecoin price trend)

Dogecoin's Price Holds Steady, Set for Further Upswing

As of December 2, 2024, 10:00 PM UTC, the live Dogecoin (DOGE) price trades at $0.42007294148399. The token's 24-hour trading volume stands at $12,789,865,874.587, marking a slight decrease from the previous day.

In the past 24 hours, the price of Dogecoin has fluctuated within a narrow range, experiencing a minor dip of -1.02533942%. However, the token remains in a positive price territory and is likely to regain lost ground shortly.

The circulating supply of Dogecoin is reported as 147,034,086,383.71 DOGE, while its maximum supply remains capped. With a total supply of 147,034,086,383.71 DOGE, the token's market capitalization currently stands at $61,765,041,165.614, making it one of the top cryptocurrencies by market value.

Technical Analysis:

Technical indicators suggest that the Dogecoin price is currently in a bullish zone. The Relative Strength Index (RSI) is above 50, indicating that Dogecoin is overbought but has room for further growth. Additionally, the Moving Average Convergence Divergence (MACD) indicates a bullish crossover, further supporting this trend.

The immediate support level for DOGE lies at $0.4250. If the price fails to hold above this support level, it could trigger a further decline. The key resistance level to watch is $0.50. A breakout above this level could lead to a significant price surge.