The latest price of Dogecoin at 22:00 on November 28, 2024

(24-hour Dogecoin price trend)

Dogecoin Surges to New Highs: Price Analysis and Market Outlook

On November 28, 2024, at 10:00 PM (PST), Dogecoin (DOGE) reached a new price high of $0.40145224753124. This represented a 1.89967793% increase in the past 24 hours, bringing the cryptocurrency's market cap to an impressive $59005293323.995.

Significant Market Indicators

• Trading Volume (24h): $6979503578.9395
• Circulating Supply: 146979606383.71
• Maximum Supply: None
• Total Supply: 146979606383.71

Dogecoin Price Analysis

Dogecoin's price has been on a steady upward trajectory since its previous high of $0.37707317967220 on November 25, 2024. The cryptocurrency has faced some resistance around the $0.40 level but has managed to break through and establish a new support level. Technical analysts are now looking at a potential price target of $0.98, which would represent a significant increase.

Market Sentiment

The market sentiment for Dogecoin remains bullish, with many investors predicting further gains in the coming weeks and months. However, it is important to note that cryptocurrencies can be volatile, and any investment decision should be made with careful consideration.

Related News

• Dogecoin has outperformed Porsche in terms of market capitalization, reaching a milestone of $547 billion.
• If Bitcoin's price rises to around $97300, it will trigger the liquidation of $606 million worth of short positions.
• Conversely, if the price falls to around $92600, it will lead to the liquidation of $1.58 billion worth of long positions.