February 22, 2025 at 18:00 Dogecoin latest price

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis: February 22nd, 2025

As of 6:00 PM EST on February 22nd, 2025, Dogecoin (DOGE) is trading at a price of $0.2444909957652. This represents a 4.44234443% decrease in price over the past 24 hours.

Key Metrics:

• Current Price: $0.2444909957652
• 24-Hour Trading Volume: $2,033,544,034.128
• Price Change (24 hours): -4.44234443%
• Circulating Supply: 148,150,276,383.71 DOGE
• Maximum Supply: None
• Total Supply: 148,150,276,383.71 DOGE
• Market Capitalization: $36,221,408,595.942

Technical Analysis:

The technical analysis of DOGE's price chart suggests that the coin is currently in a bearish trend. The 200-day moving average is acting as resistance at $0.25, and the coin is below the 50-day and 100-day moving averages, which are at $0.26 and $0.28, respectively.

The Relative Strength Index (RSI) indicator on the four-hour time frame is below 50, suggesting that DOGE is in an oversold condition. However, the Moving Average Convergence Divergence (MACD) indicator is showing a bearish crossover, indicating that the downward momentum is likely to continue.

Conclusion:

The current technical analysis suggests that DOGE's price is likely to continue its downward trend in the short term. Traders should be cautious and consider taking a sell position at current levels. However, it is important to note that the cryptocurrency market is highly volatile, and prices can change rapidly.