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Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↓ -8.96%
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VeChain VeChain (VET) $0.02 ↓ -1.01%
Render Render (RENDER) $3.87 ↓ -5.01%
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Sei Sei (SEI) $0.32 ↓ -1.70%
Sky Sky (SKY) $0.08 ↓ -6.59%
Cosmos Cosmos (ATOM) $4.54 ↓ -2.22%
Filecoin Filecoin (FIL) $2.53 ↓ -3.28%
Story Story (IP) $5.77 ↑ 2.84%
Flare Flare (FLR) $0.02 ↑ 1.17%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.69 ↓ -2.20%
XDC Network XDC Network (XDC) $0.10 ↑ 12.41%
Jupiter Jupiter (JUP) $0.53 ↓ -4.19%
First Digital USD First Digital USD (FDUSD) $1.00 ↓ -0.03%
Four Four (FORM) $3.79 ↑ 11.83%
Quant Quant (QNT) $119.56 ↓ -2.25%
KuCoin Token KuCoin Token (KCS) $11.29 ↓ -1.77%
Injective Injective (INJ) $13.93 ↓ -5.22%
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Optimism Optimism (OP) $0.71 ↓ -6.20%
Stacks Stacks (STX) $0.77 ↓ -3.07%
Fartcoin Fartcoin (FARTCOIN) $1.09 ↓ -6.11%
FLOKI FLOKI (FLOKI) $0.00 ↓ -5.47%
Conflux Conflux (CFX) $0.21 ↑ 8.25%
Immutable Immutable (IMX) $0.55 ↓ -2.35%
Ethereum Name Service Ethereum Name Service (ENS) $28.30 ↓ -1.91%
Pump.fun Pump.fun (PUMP) $0.00 ↑ 18.98%
The Graph The Graph (GRT) $0.10 ↓ -2.48%
dogwifhat dogwifhat (WIF) $0.97 ↓ -7.66%
PancakeSwap PancakeSwap (CAKE) $2.79 ↓ -5.78%
Kaia Kaia (KAIA) $0.16 ↓ -2.84%
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Lido DAO Lido DAO (LDO) $1.03 ↓ -4.05%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.34 ↓ -7.35%
Tezos Tezos (XTZ) $0.83 ↓ -3.45%
Sonic Sonic (S) $0.30 ↓ -5.09%
Nexo Nexo (NEXO) $1.31 ↑ 0.27%
Vaulta Vaulta (A) $0.54 ↓ -3.26%
Theta Network Theta Network (THETA) $0.84 ↓ -3.28%
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IOTA IOTA (IOTA) $0.20 ↓ -2.40%
JasmyCoin JasmyCoin (JASMY) $0.02 ↓ -4.76%
The Sandbox The Sandbox (SAND) $0.29 ↓ -2.70%
Gala Gala (GALA) $0.02 ↓ -3.19%
Pyth Network Pyth Network (PYTH) $0.12 ↓ -3.23%
Pendle Pendle (PENDLE) $4.26 ↓ -3.86%
Aerodrome Finance Aerodrome Finance (AERO) $0.81 ↓ -4.42%
BitTorrent [New] BitTorrent [New] (BTT) $0.00 ↓ -0.04%
Bitcoin Bitcoin (BTC) $117,374.30 ↓ -0.50%
Ethereum Ethereum (ETH) $3,763.90 ↓ -0.46%
XRP XRP (XRP) $3.11 ↓ -1.17%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.08%
BNB BNB (BNB) $801.51 ↓ -2.88%
Solana Solana (SOL) $179.76 ↓ -2.53%
USDC USDC (USDC) $1.00 ↓ -0.05%
Dogecoin Dogecoin (DOGE) $0.22 ↓ -3.23%
TRON TRON (TRX) $0.33 ↑ 4.04%
Cardano Cardano (ADA) $0.77 ↓ -2.49%
Hyperliquid Hyperliquid (HYPE) $43.15 ↓ -1.82%
Sui Sui (SUI) $3.80 ↓ -3.77%
Stellar Stellar (XLM) $0.41 ↓ -1.34%
Chainlink Chainlink (LINK) $17.66 ↓ -2.79%
Bitcoin Cash Bitcoin Cash (BCH) $561.61 ↓ -2.49%
Hedera Hedera (HBAR) $0.26 ↓ -4.45%
Avalanche Avalanche (AVAX) $24.08 ↓ -4.92%
UNUS SED LEO UNUS SED LEO (LEO) $8.95 ↓ -0.19%
Litecoin Litecoin (LTC) $107.82 ↓ -1.51%
Toncoin Toncoin (TON) $3.36 ↑ 4.22%
Ethena USDe Ethena USDe (USDe) $1.00 ↓ -0.01%
Shiba Inu Shiba Inu (SHIB) $0.00 ↓ -3.37%
Uniswap Uniswap (UNI) $10.15 ↓ -2.72%
Polkadot Polkadot (DOT) $3.85 ↓ -3.16%
Monero Monero (XMR) $314.82 ↓ -1.46%
Dai Dai (DAI) $1.00 ↓ -0.03%
Bitget Token Bitget Token (BGB) $4.50 ↓ -2.88%
Pepe Pepe (PEPE) $0.00 ↓ -5.53%
Cronos Cronos (CRO) $0.14 ↑ 2.02%
Aave Aave (AAVE) $280.44 ↓ -2.86%
Bittensor Bittensor (TAO) $377.93 ↓ -6.37%
Ethena Ethena (ENA) $0.56 ↓ -11.63%
NEAR Protocol NEAR Protocol (NEAR) $2.67 ↓ -3.08%
Ethereum Classic Ethereum Classic (ETC) $21.59 ↓ -1.56%
Pi Pi (PI) $0.42 ↓ -4.42%
Ondo Ondo (ONDO) $0.94 ↓ -5.16%
OKB OKB (OKB) $48.27 ↓ -0.74%
Internet Computer Internet Computer (ICP) $5.39 ↓ -3.12%
Mantle Mantle (MNT) $0.76 ↓ -4.83%
Kaspa Kaspa (KAS) $0.10 ↓ -3.00%
Aptos Aptos (APT) $4.49 ↓ -4.01%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↓ -8.96%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.22 ↓ -3.80%
Bonk Bonk (BONK) $0.00 ↓ -15.41%
Algorand Algorand (ALGO) $0.26 ↓ -3.52%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↓ -0.25%
Arbitrum Arbitrum (ARB) $0.42 ↓ -3.35%
GateToken GateToken (GT) $17.43 ↓ -3.20%
VeChain VeChain (VET) $0.02 ↓ -1.01%
Render Render (RENDER) $3.87 ↓ -5.01%
Worldcoin Worldcoin (WLD) $1.06 ↓ -5.72%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $9.38 ↓ -4.19%
SPX6900 SPX6900 (SPX) $1.98 ↓ -8.75%
Sei Sei (SEI) $0.32 ↓ -1.70%
Sky Sky (SKY) $0.08 ↓ -6.59%
Cosmos Cosmos (ATOM) $4.54 ↓ -2.22%
Filecoin Filecoin (FIL) $2.53 ↓ -3.28%
Story Story (IP) $5.77 ↑ 2.84%
Flare Flare (FLR) $0.02 ↑ 1.17%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.69 ↓ -2.20%
XDC Network XDC Network (XDC) $0.10 ↑ 12.41%
Jupiter Jupiter (JUP) $0.53 ↓ -4.19%
First Digital USD First Digital USD (FDUSD) $1.00 ↓ -0.03%
Four Four (FORM) $3.79 ↑ 11.83%
Quant Quant (QNT) $119.56 ↓ -2.25%
KuCoin Token KuCoin Token (KCS) $11.29 ↓ -1.77%
Injective Injective (INJ) $13.93 ↓ -5.22%
Curve DAO Token Curve DAO Token (CRV) $0.97 ↓ -3.92%
Celestia Celestia (TIA) $1.83 ↓ -4.05%
Optimism Optimism (OP) $0.71 ↓ -6.20%
Stacks Stacks (STX) $0.77 ↓ -3.07%
Fartcoin Fartcoin (FARTCOIN) $1.09 ↓ -6.11%
FLOKI FLOKI (FLOKI) $0.00 ↓ -5.47%
Conflux Conflux (CFX) $0.21 ↑ 8.25%
Immutable Immutable (IMX) $0.55 ↓ -2.35%
Ethereum Name Service Ethereum Name Service (ENS) $28.30 ↓ -1.91%
Pump.fun Pump.fun (PUMP) $0.00 ↑ 18.98%
The Graph The Graph (GRT) $0.10 ↓ -2.48%
dogwifhat dogwifhat (WIF) $0.97 ↓ -7.66%
PancakeSwap PancakeSwap (CAKE) $2.79 ↓ -5.78%
Kaia Kaia (KAIA) $0.16 ↓ -2.84%
PAX Gold PAX Gold (PAXG) $3,335.91 ↑ 0.38%
PayPal USD PayPal USD (PYUSD) $1.00 ↓ -0.03%
Lido DAO Lido DAO (LDO) $1.03 ↓ -4.05%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.34 ↓ -7.35%
Tezos Tezos (XTZ) $0.83 ↓ -3.45%
Sonic Sonic (S) $0.30 ↓ -5.09%
Nexo Nexo (NEXO) $1.31 ↑ 0.27%
Vaulta Vaulta (A) $0.54 ↓ -3.26%
Theta Network Theta Network (THETA) $0.84 ↓ -3.28%
Tether Gold Tether Gold (XAUt) $3,329.19 ↑ 0.29%
Raydium Raydium (RAY) $2.98 ↓ -5.38%
IOTA IOTA (IOTA) $0.20 ↓ -2.40%
JasmyCoin JasmyCoin (JASMY) $0.02 ↓ -4.76%
The Sandbox The Sandbox (SAND) $0.29 ↓ -2.70%
Gala Gala (GALA) $0.02 ↓ -3.19%
Pyth Network Pyth Network (PYTH) $0.12 ↓ -3.23%
Pendle Pendle (PENDLE) $4.26 ↓ -3.86%
Aerodrome Finance Aerodrome Finance (AERO) $0.81 ↓ -4.42%
BitTorrent [New] BitTorrent [New] (BTT) $0.00 ↓ -0.04%
Home Cryptocurrency

Dogecoin Technical Analysis: DOGE Holds Strong at $0.30

David Moore by David Moore
31 December 2024
in Cryptocurrency, News
Reading Time: 2 mins read
0
Dogecoin DOGE price analysis. The scene features a glowing Dogecoin logo placed prominently above a digital tradi

Dogecoin (DOGE) is maintaining its position above the critical $0.30 support level, signaling the potential for a short-term rise to $0.35. Technical indicators suggest bullish momentum, with the Relative Strength Index (RSI) pointing to upward movement. If DOGE can break through its resistance trendline, it may gather significant momentum for a price surge.

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Table of Contents

Toggle
  • Current Market Performance
    • YOU MAY BE INTERESTED
    • Next Big Crypto Alert: MoonBull Whitelist Sells Out Fast as Goatseus Maximus Recovers Volume and Comedian Holds Steady
    • What if your next coin did 100x? MoonBull Whitelist Leads the Way as Turbo and Cat in a Dog’s World Stay Strong
  • Technical Insights: Key Levels to Watch
  • The Path Forward for Dogecoin

Current Market Performance

At the time of writing, Dogecoin is trading at $0.3193, experiencing a minor 0.5% decline over the past 24 hours. Its market capitalization stands at $47.04 billion, with a total supply of 147.428 billion DOGE and a circulating supply of 147.314 billion DOGE. The 24-hour trading volume has reached $2.82 billion, indicating that investors remain actively engaged.

YOU MAY BE INTERESTED

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Over the last 24 hours, Dogecoin’s price has fluctuated between $0.3074 and $0.3222. This stability highlights the influence of investor sentiment and Bitcoin’s broader market performance. Analysts emphasize that maintaining the $0.30 support level is crucial for DOGE’s potential to rise toward $0.35 in the near term.

Technical Insights: Key Levels to Watch

Technical analysis of the 4-hour chart reveals that Dogecoin has established strong support at $0.30. However, a long-standing resistance trendline has limited upward price movement, creating a consolidation pattern. The descending triangle formation highlights $0.30 as a psychologically and technically significant level.

The Relative Strength Index (RSI) is showing bullish divergence, indicating a possible price increase. Should Dogecoin break past its resistance trendline, it could target the 50% Fibonacci retracement level at $0.3521. Conversely, if Bitcoin retraces toward $90,000, DOGE may lose its $0.30 support and fall to $0.265.

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The Path Forward for Dogecoin

Investors should closely monitor Dogecoin’s $0.30 support level and the overall momentum of the crypto market. A successful defense of this level, coupled with an upward push in market dynamics, could pave the way for DOGE to achieve its $0.35 target. However, any downside movement in Bitcoin could hinder Dogecoin’s performance.

As the cryptocurrency market continues to evolve, Turkish NY Radio will provide timely updates and expert insights into Dogecoin’s price action and broader trends.

Tags: bitcoinDOGE pricedogecoinsupport leveltechnical analysis
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David Moore

David Moore

I am a writer/editor and aspiring author with a high level of editing, writing, communication, leadership and research skills. I possess the proven ability to copy edit, write, fact check, format, calculate and verify numbers/percentages, interview people, perform research, teach and produce something meaningful from scratch. I've worked in various industries and in a number of team environments, including in support roles. In addition to my identity as a financier, I have had the opportunity to write editorial in other sectors throughout my life. Without saying no to these demands, I tried to expand my range and go beyond the field of finance. I have experience editing academic course material, financial services/investment copy, valuation/appraisal content, packaging/caution language and marketing/promotional material. I was on the basketball team when I was in college, but after I got injured, I continued to support the coach and my teammates. I learned leadership skills and continued to coach basketball teams. I've managed young people, and excelled in a number of office cultures. I’m currently working as a Financial Editor for different digital news channels, with contents about personal finance management and cryptocurrencies. economy

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