The latest price of Dogecoin at 09:00 on December 29, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Up 2.95%

As of December 29, 2024, at 09:00 UTC, the price of Dogecoin (DOGE) is $0.32284130351564. The 24-hour trading volume is $1385408618.9509. Dogecoin has experienced a price increase of 2.95601491% in the last 24 hours.

Key Statistics:

• Circulating Supply: 147394806383.71 DOGE
• Max Supply: N/A
• Total Supply: 147394806383.71 DOGE
• Market Capitalization: $47585131424.35

Market Performance:

Dogecoin's price has been relatively stable in recent weeks. The current price surge could be attributed to positive sentiment following the recent recovery in the broader cryptocurrency market.

Technical Analysis:

From a technical perspective, Dogecoin is showing signs of moderate bullish momentum. The Relative Strength Index (RSI) is currently at 52, indicating that the asset is neither overbought nor oversold. The Moving Average Convergence Divergence (MACD) is also trending upwards, further suggesting a potential price increase.

Outlook:

Given the current market conditions and technical analysis, Dogecoin could continue its upward trend in the near term. However, it is important to note that the cryptocurrency market is highly volatile and can change rapidly. Investors are advised to exercise caution and conduct thorough research before making any investment decisions.