$DOGE
๐ Current Market Overview
Price: Approximately $0.2173 USD
24-Hour Change: Down by 3.15%
Market Cap: Around $32.45 billion USD
24-Hour Trading Volume: Approximately $1.53 billion USD
Circulating Supply: 149.30 billion DOGE
๐ Technical Analysis
Support Levels: Immediate support is observed at $0.21, with a major psychological support at $0.20.
Resistance Levels: DOGE faces strong resistance near $0.24. Over the past week, it has struggled to close above this level, indicating buyer hesitation.
Bollinger Bands: The price is currently hugging the lower Bollinger Band, suggesting potential for a bounce back to the midline around $0.23.
๐ Recent Developments
Price Surge: Earlier this week, DOGE surged above $0.20, reaching up to $0.24388, marking a 5.19% increase. However, it faced resistance near $0.2450 and has since retraced.
Market Sentiment: The Fear & Greed Index stands at 70 (Greed), indicating bullish sentiment.
๐ฎ Future Outlook
Short-Term Prediction: Analysts predict a potential decline to $0.169668 by mid-June 2025, representing a 25.26% drop from current levels.
Long-Term Prediction: Projections vary, with some forecasting a rise to $0.59, while others anticipate a drop to $0.17 in June.