The Dogecoin price plummeted 5% in the last 24 hours to trade at $0.4394 as of 3.40 a.m. EST on a trading volume that dropped 28% to $7 billion.

截至美國東部時間上午 3.40，狗狗幣價格在過去 24 小時內暴跌 5%，交易價格為 0.4394 美元，交易量下降 28% 至 70 億美元。

The crypto industry's first meme coin's price has fluctuated lately, but over the past five days, DOGE has followed a generally bullish trend that took it from $0.40 to $0.48. However, with the beginning of the new week, the coin experienced a price correction that brought it down to $0.43.

加密產業第一個迷因幣的價格最近有所波動，但在過去五天裡，DOGE 遵循整體看漲趨勢，從 0.40 美元升至 0.48 美元。然而，隨著新一周的開始，代幣經歷了價格調整，跌至 0.43 美元。

Most major cryptos are currently trading in the red, including Dogecoin. However, this is likely a temporary situation as there are signs of a possible recovery soon.

大多數主要加密貨幣目前都處於虧損狀態，包括狗狗幣。然而，這可能只是暫時的情況，因為有跡象表明可能很快就會復甦。

Dogecoin Price Prediction

狗狗幣價格預測

The Dogecoin price experienced a sharp fall after a steady climb to the resistance level at $0.48. This could indicate that the coin's growth was healthy, but the decline was sudden, leading to undervaluation.

狗狗幣價格在穩步攀升至 0.48 美元阻力位後經歷了大幅下跌。這可能表明代幣的增長是健康的，但下跌是突然的，導致估值被低估。

Therefore, Dogecoin may experience a price recovery in its pursuit of stability. The project's Bollinger bands have also widened significantly over the last 10 hours since the decline began. Wide bands are typically a positive sign, but in this case, the price has been stuck to the lower band, pushing it down, indicating a bearish trend.

因此，狗狗幣在追求穩定的過程中可能會經歷價格回升。自下跌開始以來，該項目的布林帶在過去 10 小時內也顯著擴大。寬頻帶通常是一個積極信號，但在這種情況下，價格一直停留在較低頻帶，將其推低，表明看跌趨勢。

On the other hand, the project's Relative Strength Index (RSI) fluctuated around the value of 50 yesterday, mostly between 40 and 60. Then, about 10 hours before writing, it spiraled down towards the oversold zone.

另一方面，該項目的相對強弱指數（RSI）昨天在50值附近波動，大部分在40至60之間。

Since then, it has returned to fluctuations between 35 and 45 until it dropped to 30 four hours ago. Traders immediately reacted by buying the dip and pushing the RSI value back to 42. However, as bears still dominate the market, many used the opportunity to sell DOGE again.

此後又重新回到35至45之間波動，直到四小時前跌至30。交易員立即做出反應，逢低買入並將 RSI 值推回到 42。

The RSI dropped back to 30, where it remains. This time, traders seem more hesitant to buy, likely waiting for Bitcoin to make the first move and indicate a recovery before purchasing DOGE.

RSI 回落至 30，並維持在該水準。這一次，交易員似乎更加猶豫購買，可能會等待比特幣邁出第一步並表明復甦後再購買 DOGE。

This presents an opportunity for those looking to acquire DOGE at a lower price, as it is likely to rebound once market conditions improve.

這為那些希望以較低價格收購 DOGE 的人提供了機會，因為一旦市場狀況改善，它可能會反彈。