Dogecoin (DOGE) – Update on April 23, 2025
Current Price: $0.18176 USD
Market Capitalization: ~$27.1 billion USD
24h Trading Volume: ~$1.93 billion USD
Circulating Supply: ~148.97 billion DOGE
Maximum Supply: ∞
All-Time High: $0.7376 (May 2021)
📊 Technical Analysis
RSI (14): 61.45 – The market is in a slight uptrend, not yet in the overbought zone.
MACD (12,26): 0.40 – MACD is above the signal line, indicating an upward trend.
Stochastic (9,6): 61.75 – The market is not in the overbought zone, suggesting potential for further growth.
ADX (14): 28.93 – The current trend is strong, although not very clear.
CCI (14): 55.75 – Neutral, showing slight bullish signals but not strongly confirmed.
📈 Trend Outlook
DOGE is currently in a stable upward trend in the short term. While there are no strong signals from RSI and MACD, the price is supported by the crossover of MA 50 and MA 200, providing a positive outlook for the long term. Trading volume remains stable, indicating sustained investor interest.
📌 Recommended Strategy
Short-term: Buy when the price fluctuates around $0.180, with a profit target near $0.190.
Long-term: If the price surpasses $0.190, consider expanding positions with a long-term target above $0.200.