Dogecoin's price performance in 2025 has been volatile, prompting questions about its future trajectory. While it initially showed strong gains during the current bull cycle, a significant correction followed. Analysts remain divided on whether this meme coin will rebound or continue its downward trend.

Dogecoin在2025年的價格性能一直在波動，引起了人們對其未來軌蹟的疑問。 雖然最初在當前的牛週期表現出強大的增長，但隨後進行了重大校正。 分析師在這種模因硬幣是否會反彈還是繼續其下降趨勢方面仍然存在分歧。

Dogecoin's Price Decline: Over 32% Since January 1st

Dogecoin的價格下跌：自1月1日以來的32％以上

Despite a bullish start to 2025, Dogecoin's price has since retraced by over 32%. Among the top 15 cryptocurrencies by market capitalization, only Avalanche (AVAX) fared worse. This downturn has worried investors who were optimistic following Dogecoin's strong rally in 2024.

儘管看漲到2025年，但Dogecoin的價格自此回顧了32％以上。 在市值的前15個加密貨幣中，只有雪崩（Avax）的情況更糟。在2024年Dogecoin舉行的強烈集會之後，這種低迷的投資者擔心投資者。

The price drop follows a period of volatility, with rapid gains in November and December, subsequently hitting resistance. This correction mirrors broader market trends, but Dogecoin's underperformance relative to other major assets has drawn increased scrutiny. Its price is heavily reliant on speculation and external factors, such as celebrity endorsements, making it vulnerable to market shifts.

價格下跌是在一段時間的波動之後，11月和12月的迅速增長，隨後擊中了阻力。這種糾正反映了更廣泛的市場趨勢，但是Dogecoin相對於其他主要資產的表現不佳已經提高了審查。 它的價格在很大程度上依賴於猜測和外部因素，例如名人代言，使其容易受到市場轉變的影響。

Dogecoin Price: Following XRP's 2021 Pattern?

Dogecoin價格：遵循XRP的2021模式？

Market analyst Tony Severino notes similarities between Dogecoin's current price action and XRP's performance in 2021. His analysis suggests a fractal pattern mirroring XRP's historical price chart, hinting at a cyclical peak for Dogecoin.

市場分析師Tony Severino指出，Dogecoin目前的價格行動與XRP在2021年的表現之間的相似之處。他的分析表明，分形模式反映了XRP的歷史價格圖表，暗示了Dogecoin的周期性峰值。

Furthermore, Severino points out Dogecoin's failure to hold above the 0.786 Fibonacci extension level at $0.4198 – a level XRP also struggled with in early 2021. This rejection led to a subsequent over 56% drop for Dogecoin, echoing XRP's correction. This pattern fuels speculation that Dogecoin may follow a similar trajectory, limiting its upside potential in the current market cycle.

此外，Severino指出，Dogecoin未能使斐波那契的延伸水平不超過0.4198美元 - XRP在2021年初也在努力。這種拒絕導致Dogecoin下降了56％以上的Dogecoin下降了56％，與XRP的糾正相呼應。 這種模式促使人們猜測，狗狗幣可能遵循類似的軌跡，從而限制了其在當前市場週期中的上升潛力。

Growing Institutional Interest

日益增長的機構利益

Despite price concerns, Dogecoin continues to attract institutional interest. Grayscale and Bitwise have both filed for Dogecoin exchange-traded funds (ETFs). This signifies growing interest in bridging cryptocurrencies with traditional investment markets.

儘管有價格問題，但Dogecoin仍在繼續吸引機構的興趣。灰年和位均已申請了Dogecoin交易所交易的資金（ETF）。這表明對將加密貨幣與傳統投資市場彌合的興趣日益增加。

Grayscale's proposal is currently under review by the U.S. Securities and Exchange Commission. Approval of a Dogecoin ETF could attract more institutional investors, potentially increasing demand for Dogecoin. This aligns with a broader trend of increased institutional exposure to cryptocurrencies, following recent approvals of spot Bitcoin ETFs.

美國證券交易委員會目前正在審查Grayscale的提議。 批准Dogecoin ETF可能會吸引更多的機構投資者，從而增加對Dogecoin的需求。在最近批准了點比特幣ETF之後，這與加密貨幣的機構暴露增加的更廣泛趨勢相吻合。

Recent analysis suggests a buy signal for Dogecoin from the TD Sequential indicator, potentially indicating a price increase. Furthermore, whale activity, including recent purchases of 140 million DOGE, coupled with price increases, suggests further market positivity and the potential for upward price movement.

最近的分析表明，從TD順序指標中，Dogecoin的購買信號可能表明價格上漲。 此外，鯨魚活動，包括最近購買的1.4億個門檻，再加上價格上漲，這表明了進一步的市場積極性和向上價格上漲的潛力。

At the time of writing, Dogecoin is trading at $0.2075, up 2.63% in the last 24 hours, reflecting a recent upward trend with increased market activity.

在撰寫本文時，Dogecoin的交易價格為0.2075美元，在過去24小時內增長了2.63％，這反映了最近的上升趨勢，而市場活動的增加。