The latest price of Dogecoin at 03:00 on January 27, 2025

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis

At 02:00 am UTC on January 27, 2025, Dogecoin (DOGE) was trading at $0.35350629245284. Over the past 24 hours, the cryptocurrency has experienced a -0.51890128% price change. This translates to a trading volume of $1022322243.6167 for the same timeframe.

Key Statistics:

• Price: $0.35350629245284
• 24h Trading Volume: $1022322243.6167
• Price Change (24h): -0.51890128%
• Circulating Supply: 147,786,446,383.71
• Maximum Supply: N/A
• Total Supply: 147,786,446,383.71
• Market Cap: $52,243,438,735.885

Market Dynamics:

The recent price action for Dogecoin reflects a slight downward trend compared to its 24-hour performance. Despite this, the cryptocurrency remains within a relatively stable range, indicating limited market volatility. The market sentiments for DOGE are mixed, with some investors expressing cautious optimism, while others remain skeptical about its long-term prospects.

Technical Analysis:

From a technical perspective, the Dogecoin chart displays a series of lower highs and lower lows, indicating a potential downward trend. However, the cryptocurrency is still trading above previous support levels, suggesting that a significant reversal or breakout is unlikely in the immediate term. Traders should monitor key resistance and support levels to identify potential entry and exit points.

Investment Considerations:

When considering an investment in Dogecoin, it's essential to conduct thorough research and understand the risks involved. The cryptocurrency market is known for its volatility, and past performance is not always indicative of future results. Investors should also be aware of the regulatory landscape surrounding cryptocurrencies, which can impact their availability and value.