Dogecoin’s recent price movements suggest a potential upward trajectory. With significant analysis of the chart and indicators like the MACD (Moving Average Convergence Divergence) and RSI (Relative Strength Index), the token is showing some early signs of a potential rally. As of March 25, 2025, Dogecoin’s price stands at $0.19110, showing a 4.42% increase in the last 24 hours. This is an important observation for those watching Dogecoin’s price action in the coming days.
Technical analysis: MACD and RSI indicator
The MACD indicator provides insight into the strength and direction of the trend. On the daily chart, the MACD line is at 0.00507, showing a positive momentum shift. The MACD histogram is turning green, which indicates a possible upward movement in price. The negative MACD value of -0.01098 in recent months suggests a slow and gradual shift towards a bullish market.
However, the MACD line is still below the signal line, suggesting that although there is a positive shift, the token may need more time to cross above and confirm a bullish phase. Traders will need to watch for any significant upward breakouts above the signal line for further confirmation of a long-term bullish trend.
The RSI index also reveals that Dogecoin is in a neutral zone at the moment and is equal to 39.46. This signal shows that the Dogecoin is in the neutral zone indicating that it is not overbought or oversold. Under 30 would show oversold zones and any value above the 70 mark should be considered overbought.
Current market performance
Tracking the current market action, CoinMarketCap data indicates that Dogecoin (DOGE) is currently priced at $0.1913, with a 4.96% increase in the last 24 hours. Its market cap stands at $28.43 billion, reflecting a 4.97% rise. Trading volume over the last 24 hours has reached $1.62 billion, showing a 41.31% increase.
The current supply of Dogecoin in circulation is still 148.57 billion tokens for Doge. From March 25, 2025, the price trace has been in an upward trajectory and that has sharply shot up during the closing hours of the day. From the current appreciation map, it is plausible to expect a further increase in the price of DOGE.
