The latest price of Dogecoin at 09:00 on November 27, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis: Recent Trends and Key Metrics

As of November 27th, 2024, at 09:00 AM, Dogecoin (DOGE) is priced at $0.38279613896597. The 24-hour trading volume stands at $8,601,383,845.6232.

Recent Price Movement

Over the past 24 hours, the price of Dogecoin has experienced a decline of -4.68466514%. This downward trend has been observed in the cryptocurrency market since the recent highs spurred by the FTX turmoil.

Key Metrics

• Circulating Supply: 146,958,296,383.71
• Maximum Supply: Unlimited
• Total Supply: 146,958,296,383.71
• Market Capitalization: $56,255,068,444.698

Relative Strength

Dogecoin's market capitalization has seen a slight decrease over the past 24 hours, reflecting the overall bearish sentiment in the crypto space. However, it remains among the top 10 cryptocurrencies by market capitalization, showcasing its continued popularity.

Technical Analysis

The daily chart for Dogecoin indicates that it is facing resistance at the $0.388 level. The Relative Strength Index (RSI) is currently in the overbought territory, suggesting that a short-term pullback may be due.

Conclusion

Dogecoin has experienced a price decline in the past 24 hours, influenced by broader market conditions. Despite this, it continues to maintain significant market capitalization and community support. Investors should monitor the price action and assess market sentiment before making any trading decisions.