(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Analysis
As of July 30, 2024, 11:00 PM, Dogecoin (DOGE) is trading at $0.12731518037465, marking a -2.50280871% decrease in value over the past 24 hours. The 24-hour trading volume for DOGE stands at $664,053,727.82217.
Key Metrics:
- Current Price: $0.12731518037465
- 24-Hour Change: -2.50280871%
- 24-Hour Trading Volume: $664,053,727.82217
- Circulating Supply: 145,328,676,383.71 Doge
- Maximum Supply: Unlimited
- Total Supply: 145,328,676,383.71 Doge
- Market Cap: $18,502,546,647.401
Price Fluctuations:
Over the past 24 hours, DOGE has experienced a dip in its value. The price has fluctuated between $0.128588 and $0.126184 during this period, indicating ongoing volatility.
Technical Analysis:
Technical indicators for DOGE suggest a potential downtrend. The Relative Strength Index (RSI) is currently at 42.66, indicating a gradual decline in momentum. The MACD indicator is also showing a bearish crossover, further supporting the possibility of continued price declines.
Market Sentiment:
While the short-term market sentiment for DOGE remains cautious, many analysts believe that the cryptocurrency holds long-term growth potential due to its strong community support and high adoption rate.