(24-hour Dogecoin price trend)
Dogecoin (DOGE) Market Update
At 11:00 PM UTC on September 14, 2024, Dogecoin (DOGE) was trading at $0.10626862429408, with a 24-hour trading volume of $563,185,999.75382. The price of Dogecoin has decreased by -0.49038864% in the past 24 hours.
Key Metrics
- Circulating Supply: 145,954,026,383.71
- Maximum Supply: Not applicable
- Total Supply: 145,954,026,383.71
- Market Capitalization: $15,510,333,593.977
Market Performance
In the past 24 hours, Dogecoin has experienced a slight decline in price. The current price is below the opening price of the day, indicating a bearish trend in the short term. The overall volatility of the cryptocurrency market has been relatively low, with most coins experiencing minor price fluctuations.
Technical Analysis
Technical analysis tools suggest that Dogecoin is currently in a downtrend. The moving averages are sloping downwards, and the indicators are showing signs of bearishness. The Relative Strength Index (RSI) is below 50, indicating that the sell pressure is dominating the market.
Future Outlook
The future outlook for Dogecoin is uncertain. The cryptocurrency market is known for its volatility, and it is difficult to predict the exact price movements of any coin. However, Dogecoin has a strong community of supporters, and it is one of the most well-known cryptocurrencies in the world. This could provide support for the price in the long term.