Key Points:

關鍵點：

• Dogecoin’s recent 19% surge and subsequent 7% loss.
• A significant drop in trading volume by half, impacting overall market activity.
• Despite setbacks, Dogecoin’s funding rate holds positive, showcasing trader confidence.

In a surprising deviation from the broader market trends, Dogecoin (DOGE) recently experienced a significant surge in its price, capturing the attention of crypto enthusiasts. However, the rollercoaster journey of this meme-inspired cryptocurrency has taken unexpected turns, prompting questions about its sustainability.

狗狗幣最近飆升19%，隨後下跌7%。交易量大幅下降一半，影響了整體市場活動。儘管遭遇挫折，狗狗幣的融資利率仍保持正值，顯示了交易者的信心。與大盤趨勢的驚人偏差，狗狗幣 ( DOGE）最近價格大幅上漲，引起了加密貨幣愛好者的注意。然而，這種受模因啟發的加密貨幣的過山車之旅發生了意想不到的轉變，引發了人們對其可持續性的質疑。

Analyzing Dogecoin’s recent performance on the daily timeframe chart, AMBCrypto identified a remarkable 19% increase in value between November 15th and 17th. This uptrend initially hinted at the emergence of a bullish phase, fostering optimism among investors. However, the mood quickly shifted as of November 18th, with DOGE witnessing a sudden 7% loss.

AMBCrypto 分析了狗狗幣近期在每日時間框架圖表上的表現，發現 11 月 15 日至 17 日期間其價值顯著增長了 19%。這種上升趨勢最初暗示看漲階段的出現，從而激發了投資者的樂觀情緒。然而，截至 11 月 18 日，情緒迅速轉變，DOGE 突然下跌 7%。

As of the latest update, Dogecoin has continued its descent with an additional 2% decline, accumulating a total loss of approximately 9% in the past 24 hours. This downward trajectory has also impacted Dogecoin’s Relative Strength Index (RSI), approaching the neutral line and suggesting a weakening bullish trend. If this trend persists, it could potentially give rise to a bearish phase.

截至最新更新，狗狗幣持續下跌，跌幅額外為2%，過去24小時累計總跌幅約9%。這種下行軌跡也影響了狗狗幣的相對強度指數（RSI），接近中性線並顯示看漲趨勢減弱。如果這種趨勢持續下去，可能會引發看跌階段。

Adding to the complexity of Dogecoin’s situation is a substantial drop in trading volume. According to AMBCrypto’s assessment of the Santiment volume chart, Dogecoin’s trading volume has halved. On November 17th, the volume stood at $2.06 billion, but the most recent data shows a significant decrease to around $1.06 billion. This reduction in volume indicates a decline in the heightened activity that initially drove the cryptocurrency’s price surge.

交易量大幅下降加劇了狗狗幣情況的複雜性。根據 AMBCrypto 對 Santiment 交易量圖表的評估，狗狗幣的交易量已減半。 11 月 17 日，成交量為 20.6 億美元，但最新數據顯示大幅下降至 10.6 億美元左右。交易量的減少表明最初推動加密貨幣價格飆升的活動有所減少。

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Disclaimer: Please note that the viewpoints and perspectives expressed by the author, as well as any individuals referenced in this article, are intended solely for informational purposes. They should not be construed as financial or investment advice. It’s important to acknowledge that investing in or trading cryptoassets carries inherent financial risks.

免責聲明：請注意，作者以及本文中引用的任何個人表達的觀點和觀點僅供參考。它們不應被視為財務或投資建議。重要的是要承認投資或交易加密資產會帶來固有的財務風險。

Originally published at https://cryptosnewss.com on November 20, 2023.

最初於 2023 年 11 月 20 日發佈於 https://cryptosnewss.com。