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Dogecoin

DOGEUSD

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0.069

-0.001-1.04%

Discussions

TradingKey Chart

Time

15m

30m

Today

-1.04%

5 Days

-1.23%

1 Month

-4.86%

6 Months

-28.07%

Year to Date

-40.99%

1 Year

-71.50%

Key Data Points

Opening Price

0.070

Previous Closing Price

0.070

Price Range of the Day

0.0690.070

52-Week Price Range

0.0670.306

Dogecoin News

Recent

Analysis

Dogecoin Price Forecast: DOGE sell-off seems unstoppable despite renewed retail interest

Dogecoin (DOGE) is trading under dominant selling pressure on Thursday, hovering below $0.0700, a recent support-turned-resistance level.

FxstreetThu, Aug 6

Dogecoin Forecast: DOGE risks falling toward four-year floor price

Dogecoin (DOGE) continues to slide below the $0.0700 mark, in step with the broader market’s prevailing bearish sentiment.

FxstreetFri, Jul 31

Dogecoin Price Forecast: DOGE eyes $0.065 after breaking key support level

Dogecoin (DOGE) price trades in the red below $0.0700 on Friday, following a 5% drop the previous day. DOGE loses retail strength as broader market speculative demand eases with elevated tensions between the US and Iran. The technical outlook for DOGE points to deeper losses below $0.065.

FxstreetFri, Jul 24

Dogecoin Price Forecast: DOGE nears yearly low as risk appetite fades

Dogecoin (DOGE) extends its decline on Thursday, approaching its yearly low at $0.069 as bearish sentiment continues to weigh on the meme coin. Escalating US-Iran conflict and fresh Houthi threats have dampened risk appetite, weighing on speculative assets such as DOGE.

FxstreetThu, Jul 23

Dogecoin Price Forecast: DOGE rebound builds momentum

Dogecoin (DOGE) rises alongside other cryptocurrencies on Tuesday, trading around $0.0734. The largest meme coin eyes a short-term breakout, supported by a steadily growing derivatives market.

FxstreetTue, Jul 21

Top Altcoins Price Forecast: XRP and ADA rebound as DOGE lags behind

The broader cryptocurrency market shows early signs of a bullish recovery, with Bitcoin (BTC) rising above $65,000 on Tuesday, amid improving retail sentiment.

FxstreetTue, Jul 21

Indicators

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The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.

This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.

Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.

15m

30m

15m

D

Sell

Sell(8)

Neutral(5)

Buy(0)

Indicators

Sell(2)

Neutral(5)

Buy(0)

Indicators

Value

Direction

MACD(12,26,9)

0.001

Neutral

RSI(14)

43.379

Neutral

STOCH(KDJ)(9,3,3)

58.935

Neutral

ATR(14)

0.002

Low Volatility

CCI(14)

-10.844

Neutral

Williams %R

52.655

Neutral

TRIX(12,20)

-0.207

Sell

StochRSI(14)

52.795

Sell

Moving Average

Sell(6)

Neutral(0)

Buy(0)

Indicators

Value

Direction

MA5

0.069

Sell

MA10

0.070

Sell

MA20

0.070

Sell

MA50

0.072

Sell

MA100

0.085

Sell

MA200

0.092

Sell

More Details of Dogecoin

Dogecoin is an open-source, peer-to-peer digital currency that was created in 2013 and is based on the "Doge" Internet meme, featuring a Shiba Inu dog as its logo. Dogecoin was created by Billy Markus, who is from Portland, Oregon, and Jackson Palmer, who is from Sydney, Australia, and it was forked from Litecoin. Tesla CEO Elon Musk has posted multiple tweets on social media stating that Dogecoin is his favorite cryptocurrency. The Dogecoin network uses a Proof-of-Work (PoW) consensus mechanism and the Scrypt algorithm for mining.

What can Dogecoin be used for?

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Dogecoin can be used for a variety of purposes. It can be used for payments and transactions, allowing users to make payments and transfer funds, similar to how cash is used for everyday transactions. Dogecoin's low transaction fees also make it suitable for small value tips and microtransactions, especially on social media platforms. Additionally, Dogecoin has been used for charitable causes and fundraising efforts. Some people also use Dogecoin for speculative trading, buying and selling it to try to profit from price fluctuations.

Who controls the Dogecoin network?

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The Dogecoin network is a decentralized system that is not controlled by any single authority. Instead, it is collectively "controlled" by all Dogecoin users worldwide. While the developers can work to improve the Dogecoin software, they cannot unilaterally enforce changes to the underlying protocol. This is because all Dogecoin users have the freedom to choose which software and version they use. For the network to function properly, there must be complete consensus among all users. As a result, both users and developers have a vested interest in protecting this consensus-based model.

Is Dogecoin anonymous?

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Dogecoin is not completely anonymous, but it does offer a degree of anonymity. Dogecoin transactions are recorded on a public blockchain, so the transaction history is visible. However, Dogecoin addresses are not directly linked to individual identities, providing a level of pseudonymity. Users can also take additional steps to enhance their anonymity when using Dogecoin, such as using privacy-focused wallets or mixing services. But Dogecoin is not as anonymous as some other cryptocurrencies designed specifically for privacy.