The latest price of Dogecoin at 09:00 on January 9, 2025

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis: A Glance at the Market

As of January 9, 2025, 9:00 AM UTC, Dogecoin (DOGE) is priced at $0.34316113208496, with a 24-hour trading volume of $4,343,782,763.3352. Over the past day, DOGE has experienced a decline in value of -2.77670667%.

Key Metrics:

• Circulating Supply: 147,544,776,383.71
• Maximum Supply: N/A
• Total Supply: 147,544,776,383.71
• Market Capitalization: $50,631,632,497.055

Overall Market Sentiment:

Dogecoin has faced some downward pressure in recent hours, resulting in a decline in its value. However, the cryptocurrency remains relatively stable within a range, suggesting that the market sentiment towards DOGE is mixed.

Technical Analysis:

Examining the DOGE chart, we can observe a downward trend with support levels at $0.33 and resistance levels at $0.35. The Bollinger Bands are narrow, indicating low volatility. The Relative Strength Index (RSI) is hovering around 45, suggesting a neutral market.

Key Takeaway:

While DOGE has experienced a slight decline in price, its overall market performance remains relatively stable. The cryptocurrency is currently trading within a narrow range, which could indicate a consolidation phase. Investors should monitor the market closely and consider technical indicators and overall sentiment before making any trading decisions.