Live Crypto Markets

HomeCoinsDogecoinDogecoin price analysis (Neutral) — 0.27 USDT (-2.95% 24h)

Dogecoin price analysis (Neutral) — 0.27 USDT (-2.95% 24h)

-

Market Insight — DOGEUSDT
Sentiment: Neutral

DOGEUSDT is currently trading at $0.26634, showing a slight decline of nearly 3% over the past 24 hours. The RSI at 54.93 indicates neutral momentum, neither overbought nor oversold. Price is hovering just below the 20-day SMA ($0.2667) and remains below the 50-day SMA ($0.2743), suggesting short-term consolidation with a bearish tilt in the medium term. Trading volume of $325M is decent but not explosive. Given the moderate volatility of 4.66%, I expect DOGE to test support around $0.26. If that holds, a bounce toward $0.275 is possible. Traders should consider scaling into long positions near $0.26 with tight stops, or wait for a clear break above the 50-day SMA for confirmation of upward momentum. Avoid aggressive entries until volatility expands.

Key Metrics

Price 0.2663 USDT
24h Change -2.95%
24h Volume 324982255.07
RSI(14) 54.94
SMA20 / SMA50 0.27 / 0.27
Daily Volatility 4.66%

Dogecoin — 1h candles, 7D window (SMA20/SMA50, RSI).

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Coinbase Pursues National Trust Charter in Strategic Banking Sector Expansion

Leading cryptocurrency exchange Coinbase has formally submitted an application for a National Trust Company Charter to the U.S. Office of the Comptroller of the Currency,...

BNB’s Meteoric Rally: Analyzing Potential Trajectories as Bitcoin Approaches Record Highs

As Bitcoin flirts with historic price levels, Binance Coin (BNB) demonstrates remarkable bullish momentum, positioning itself among the top-performing digital assets. Market analysts observe that...

ICE Surveillance App Developer Vows Legal Response Following Removal from Apple and Google Platforms

In a significant development for digital surveillance tools, technology giants Apple and Google have removed Immigration and Customs Enforcement (ICE) tracking applications from their respective...

Stablecoin Market Surpasses $300B as Automated Systems Emerge as Key Liquidity Drivers

The stablecoin market has achieved a significant milestone by surpassing $300 billion in total market capitalization, signaling robust growth in digital asset adoption. According to...

Most Popular

spot_img