Dogecoin Current Price (9/25/2021 at 3:30 PM ET): $0.2098 (+1.16%)*

Before diving into news and numbers, always remember that dogecoin is about love, community, goodness, and wow.

Dogecoin has been moving up and down some today, but mostly sideways. In the last 24 hours, dogecoin traded between a low of $0.2045 and a high of $0.2133 for a range of $0.0088 (4.3%). Overall, the larger crypto market has been fairly flat over the last 24 hours, but we also know that people are still nervous because of the China FUD despite China already having banned crypto approximately over 9000 times in the past several years. If you have ever watched the bogged meme, this is the exact same thing but with China FUD instead of Korean FUD.

Bogged meme for reference:

https://www.youtube.com/watch?v=KV5QlSgq7lg

Analysis: Dogecoin is incredibly stable over the last 24 hours, with $1.092B in trading volume. The MACD has been slightly green but relatively flat in magnitude, indicating a stable consolidation. Low volume and range indicate that people are not scared and dumping, but also not FOMO piling in. $0.20 seems to show support, but larger buying pressure is likely needed to push it higher in the near future. Dogecoin seems to be chilling and wagging its tail, just happy to exist :)

Prediction: Dogecoin seems to be consolidating safely around $0.20-$.21. It seems to be a safe floor, but not much indication of a swift near-term move. I think dogecoin looks to slowly move upwards over the next few days towards $0.25. While I think dogecoin is always a great buy, I think that purchases under $0.25 at this time are incredibly safe and present tremendous upside potential. 

Chart and Data Sources:

Price Data - Kraken

Simple Chart: https://www.kraken.com/en-us/prices/doge-dogecoin-price-chart/usd-us-dollar?interval=24h

Detailed Chart: https://trade.kraken.com/charts/KRAKEN:DOGE-USD?period=15m

Volume Data - CoinMarketCap

Summary Page: https://coinmarketcap.com/currencies/dogecoin/