The latest price of Dogecoin at 07:00 on December 25, 2024

(24-hour Dogecoin price trend)

Dogecoin Price Analysis (12/25/2024)

At 07:00 AM on December 25, 2024, Dogecoin (DOGE) stood at $0.33706336826571, with a trading volume of $3,159,145,973.0343 over the past 24 hours. This represents a 3.81733525% increase in DOGE's value during that period.

Key Metrics

• Circulating supply: 147,339,366,383.71
• Maximum supply: N/A
• Total supply: 147,339,366,383.71
• Market capitalization: $49,662,703,111.428

Technical Analysis

Dogecoin's price has been on an upward trend in recent weeks. It has broken through several key resistance levels and is currently testing the $0.35 mark. If it can successfully break above this level, it could continue its upward momentum towards the $0.40 mark. However, if it fails to hold above $0.35, it could retrace to the $0.30 support level.

Indicators

The Relative Strength Index (RSI) for DOGE is currently in the overbought territory, indicating that it may be due for a correction. However, the Moving Average Convergence Divergence (MACD) indicator is still showing a bullish trend, suggesting that the long-term trend remains positive.

Conclusion

Dogecoin's price has been performing well in recent times and has the potential to continue its upward momentum. However, it is important to note that the market can be volatile, and it is always advisable to conduct proper research before making any investment decisions.