(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis

At 4:00 pm on November 19, 2024, Dogecoin's (DOGE) latest price stood at $0.38207070551862, with a 24-hour trading volume of $9376029705.724. Over the past 24 hours, DOGE's price has appreciated by 0.7907013%.

Key Statistics:

• Circulating Supply: 146853186383.71 DOGE
• Maximum Supply: N/A
• Total Supply: 146853186383.71 DOGE
• Market Capitalization: $56108300529.28

Additional Information:

• Market Rank: N/A
• Trading Pairs: BTC, USDT, ETH
• Exchanges: Binance, Coinbase, Kraken

Technical Analysis:

• Price Movement: DOGE has been consolidating above the $0.38 support level for the past few days.
• Technical Indicators: The moving average (MA) and relative strength index (RSI) are signaling a possible upward trend.
• Resistance Levels: $0.4 and $0.42
• Support Levels: $0.38 and $0.36

Outlook:

The short-term outlook for DOGE is slightly bullish. If the price manages to break through the $0.4 resistance level, it could potentially reach higher highs. However, if the price falls below the $0.38 support level, it may experience further downside momentum.

It is important to note that the cryptocurrency market is highly volatile, and prices can fluctuate significantly in a short period of time. Investors should conduct their own research and due diligence before making any trading decisions.