The latest price of Dogecoin at 07, January 25, 2025

(24-hour Dogecoin price trend)

Dogecoin Price Analysis: DOGE Loses Momentum, Dips Slightly

As of January 25, 2025 at 07:00 AM, the real-time price of Dogecoin (DOGE) stands at $0.35000843536164. Over the past 24 hours, its trading volume has reached $211,969,0298.215.

However, the price of DOGE has experienced a modest decline of -1.11203832% in the past day.

Key Metrics

• Circulating Supply: 147,761,826,383.71 DOGE
• Maximum Supply: N/A
• Total Supply: 147,761,826,383.71 DOGE
• Market Cap: $5,171,788,5658.739

Analysis

After witnessing a period of price stability, Dogecoin has encountered a slight downward correction. The current price action suggests that the cryptocurrency may be consolidating before resuming its upward trajectory.

Technical indicators show a mixed outlook. The 200-day moving average remains below the current market price, indicating long-term bullishness. However, the 50-day moving average has turned bearish, suggesting a potential trend reversal in the short term.

Outlook

Despite the recent price dip, the fundamentals for Dogecoin remain strong. The cryptocurrency's low transaction fees, fast processing times, and active community support continue to make it attractive to users and investors.

Long-term holders of DOGE may consider the current price correction as a buying opportunity. However, short-term traders should exercise caution and monitor price action closely before making any significant trades.