Dogecoin Price Drops Below Crucial Support

狗狗幣價格跌破關鍵支撐位

Dogecoin (DOGE) investors have faced a difficult period, with the weekly and daily charts showing a downward trend. The situation worsened when the memecoin breached a key support level.

狗狗幣（DOGE）投資者面臨一段困難時期，週線圖和日線圖都呈現下降趨勢。當模因幣突破關鍵支撐位時，情況變得更糟。

DOGE's Recent Struggles

DOGE 最近的掙扎

According to CoinMarketCap, DOGE's price has plunged by over 11% in the past week. In the last 24 hours alone, its value has declined by more than 4%. At the time of writing, DOGE trades at $0.119, with a market capitalization exceeding $17.2 billion.

根據 CoinMarketCap 的數據，DOGE 的價格在過去一周暴跌了 11% 以上。僅在過去24小時內，其價值就下跌了4%以上。截至撰寫本文時，DOGE 的交易價格為 0.119 美元，市值超過 172 億美元。

Key Metrics

關鍵指標

An analysis of IntoTheBlock's data reveals that 72% of DOGE investors are currently in profit. However, confidence in the coin has dwindled. Investors' average balance has dropped to $2.6k, suggesting that they anticipate further decline.

對 IntoTheBlock 數據的分析顯示，72% 的 DOGE 投資者目前處於盈利狀態。然而，人們對硬幣的信心已經減弱。投資者的平均餘額已降至 2600 美元，表明他們預計會進一步下跌。

Chain Data Analysis

鏈上數據分析

Chain data from Santiment indicates a bearish outlook. DOGE's MVRV ratio has fallen sharply, while Daily Active Addresses have decreased since a peak on June 20th. The Weighted Sentiment remains negative, reflecting dominant bearish sentiment.

Santiment 的連鎖數據顯示前景看跌。 DOGE 的 MVRV 比率大幅下降，而每日活躍地址自 6 月 20 日的峰值以來有所下降。加權情緒仍為負面，反映出看跌情緒占主導地位。

Upcoming Outlook

未來展望

A review of DOGE's daily chart suggests a possible trend reversal. The Chaikin Money Flow (CMF) indicates a potential further price drop. However, the Relative Strength Index (RSI) is approaching the oversold zone, which could lead to buying pressure and a price increase. The MACD also hints at a potential bullish crossover.

對 DOGE 日線圖的回顧表明趨勢可能會逆轉。 Chaikin 資金流 (CMF) 表明價格可能會進一步下跌。然而，相對強弱指數（RSI）正在接近超賣區域，這可能會導致購買壓力和價格上漲。 MACD 也暗示潛在的看漲交叉。

If a trend reversal occurs, DOGE may first reach $0.127. A breakout above this level could lead to a rally towards $0.148 in the coming weeks.

如果趨勢發生逆轉，DOGE 可能首先觸及 0.127 美元。突破該水平可能會導致未來幾週反彈至 0.148 美元。