Dogecoin (DOGE) 7-Day Price Change

The Latest Dogecoin (DOGE) price has shown significant movement over the past week. In this article, we'll examine its current Dogecoin price today, 7-day price performance, and the key market factors shaping DOGE's price trend.[1][5]

Dogecoin (DOGE) Current Price Today

As of the latest data, Dogecoin (DOGE) is trading at $0.10229, with a 24-hour price change of -0.44%. Its market capitalization stands at approximately $24.31 billion, ranking it among the top cryptocurrencies by market presence and maintaining strong DOGE market cap positioning.[1][3][5]

Dogecoin 7-Day Price Performance

In the last 7 days, DOGE price moved from around $0.12 to $0.10229, reflecting a downward trend of approximately -15%. This Dogecoin 7-day price change indicates high volatility with bearish momentum and consolidation near oversold levels.[1][2][5]

Dogecoin Price Chart and Trend Analysis

According to the 7-day Dogecoin price chart, DOGE has experienced a downtrend. Analysts note that this DOGE price trend mirrors broader cryptocurrency market weakness and meme coin sector pressure.[1][2][4]

Why is DOGE Price Moving?

The key drivers behind DOGE's recent price movement and trend include:

• Market sentiment: Recent oversold RSI readings around 28-33 and neutral-to-bearish momentum indicators like MACD below the signal line, amid high volatility in meme coins affecting DOGE price action.[1][2][4]
• On-chain activity: Underlying accumulation patterns and sustained Dogecoin trading volume around $176 million, though lacking strong buyer conviction.[1][2]
• Broader crypto market: Correlation with overall market risk-off sentiment, BTC dominance, and technical resistance at $0.11-$0.12 levels impacting DOGE price movement.[1][2][7]

Historical Price Context for Dogecoin

Dogecoin reached an all-time high (ATH) of approximately $0.73 on May 8, 2021, and an all-time low (ATL) of $0.00008547 on May 7, 2015. Comparing its historical price extremes with the recent 7-day Dogecoin price trend helps put DOGE's volatility and current price movement into perspective.[3]

Dogecoin Price Prediction and Market Outlook

While no Dogecoin price forecast is certain, analysts are closely watching DOGE's key support and resistance levels at $0.11 and $0.12. Market commentary on the DOGE price prediction suggests a potential short-term recovery toward $0.12-$0.16 if oversold conditions trigger a bounce, though bearish risks persist below $0.11.[1][2][4]

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