The latest price of Dogecoin at 22:00 on July 25, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis as of July 25, 2024

At 22:00 UTC on July 25, 2024, Dogecoin (DOGE) was trading at $0.12350610002875, a decrease of -7.36677452% over the past 24 hours. The 24-hour trading volume for DOGE stood at $930,600,000.61042.

Key Metrics

• Current Price: $0.12350610002875
• 24-Hour Change: -7.36677452%
• 24-Hour Trading Volume: $930,600,000.61042
• Circulating Supply: 145,261,136,383.71
• Maximum Supply: Unlimited
• Total Supply: 145,261,136,383.71
• Market Capitalization: $17,940,636,440.496

Market Conditions

The cryptocurrency market has been experiencing a downturn in recent weeks, and Dogecoin has not been immune to this trend. The overall market sentiment is bearish, with many investors showing a reluctance to enter new positions.

Technical Analysis

From a technical perspective, DOGE is currently trading below its major moving averages, such as the 50-day MA and the 200-day MA. This suggests that the bears are currently in control of the market. Resistance levels can be observed at $0.13 and $0.14, while support levels lie at $0.11 and $0.10.

Conclusion

Dogecoin (DOGE) has seen a significant decline in value over the past 24 hours. The overall market conditions are bearish, and the technical indicators suggest that a further downside is possible. Investors should exercise caution and consider their risk appetite before taking any trading decisions.