Dogecoin Price Stumbles Amidst Market Slowdown

狗狗幣價格因市場放緩而下跌

Dogecoin's price experienced a significant plunge of 10% within the past 24 hours, bringing it to a trading value of $0.156 at 3:30 AM EST. This drop was accompanied by a decline in trading volume by 11%, reaching $116.63 million.

在過去 24 小時內，狗狗幣的價格大幅下跌 10%，截至美國東部時間凌晨 3:30，其交易價值為 0.156 美元。這一下降伴隨著交易量下降 11%，達到 1.1663 億美元。

Throughout the summer, Dogecoin's price remained relatively stagnant compared to other leading meme coins in terms of market cap. However, October witnessed a substantial price surge that boosted it from a support level of $0.10 to a resistance level of $0.18.

整個夏天，就市值而言，與其他領先的迷因幣相比，狗狗幣的價格仍然相對停滯。然而，10 月價格大幅上漲，從 0.10 美元的支撐位升至 0.18 美元的阻力位。

Post-October, which typically ranked as one of the most lucrative months in the crypto industry, Dogecoin's momentum abruptly reversed, and its price embarked on a downward trajectory. Currently, it is approaching $0.150, a level that previously served as a critical resistance during the past fortnight.

十月過後，通常被認為是加密貨幣行業最賺錢的月份之一，但狗狗幣的勢頭突然逆轉，其價格開始下跌。目前，該價格已接近 0.150 美元，該水平此前在過去兩週內一直是關鍵阻力位。

If the sustained bearish pressure persists, Dogecoin may break through this resistance-turned-support in the forthcoming hours. Conversely, if the $0.150 level holds until a resurgence of bullish sentiment, Dogecoin could potentially utilize it as a platform to initiate its recovery.

如果持續的看跌壓力持續存在，狗狗幣可能會在接下來的幾個小時內突破這個由阻力位轉變為支撐位的位置。相反，如果 0.150 美元的水平一直保持到看漲情緒復甦，狗狗幣可能會利用它作為啟動復甦的平台。

Dogecoin Price Prediction

狗狗幣價格預測

Amidst its downward spiral, Dogecoin nears a crucial support level that may or may not impede its further descent. However, there are reasons to anticipate a potential rebound of Dogecoin and its fellow meme coins in the near future.

在螺旋式下降過程中，狗狗幣接近關鍵支撐位，該支撐位可能會也可能不會阻礙其進一步下跌。然而，有理由預期狗狗幣及其同類迷因幣在不久的將來可能會反彈。

Throughout the past 24 hours, the project's Bollinger bands have consistently remained wide, even as the price fluctuated between the lower band and a neutral zone. As Dogecoin approaches this significant support level, it may leverage it to initiate a recovery that could propel its price back up to the upper band.

在過去 24 小時內，該專案的布林線一直保持寬幅，儘管價格在下軌和中性區域之間波動。當狗狗幣接近這一重要支撐位時，它可能會利用它來啟動復甦，從而推動其價格回到上限。

An additional reason to expect a recovery lies in the coin's undervalued and oversold status following the recent correction. The project's Relative Strength Index (RSI) value oscillated between the oversold area and the neutral zone, akin to the price's movement between the lower band and the middle area.

預期復甦的另一個原因在於，在最近的調整之後，代幣處於被低估和超賣的狀態。此項目的相對強度指數（RSI）值在超賣區域和中性區域之間振盪，類似於價格在下限和中間區域之間的變化。

As for the RSI value, it recently dropped below 30, a level that, once breached, could signal the onset of a new price surge. Dogecoin's recovery is also anticipated due to the tendency for sharp drops to be followed by upward movements.

至於 RSI 值，最近跌破 30，一旦突破該水平，可能預示著新一輪價格上漲的開始。由於急劇下跌後會出現上漲趨勢，狗狗幣的復甦也在預期中。

Traders often seize opportunities to buy the dip, resulting in a subsequent surge in price. However, given the highly volatile start to the new month, Dogecoin may pose a risky investment for many at this juncture. It offers the potential for quick earnings under favorable conditions, but it also carries significant risk if purchased at an inopportune moment, potentially leading to substantial losses.

交易者經常抓住機會逢低買入，導致價格隨後飆升。然而，鑑於新月的高度波動，狗狗幣此時可能對許多人來說是一項有風險的投資。它在有利的條件下提供了快速盈利的潛力，但如果在不適當的時機購買，它也會帶來巨大的風險，可能導致重大損失。

Promising Alternative to Dogecoin

狗狗幣的有前途的替代品

With Dogecoin and its contemporaries among the top-ranking meme coins experiencing declines, traders may consider presales that are less susceptible to market fluctuations.

由於狗狗幣及其同類頂級迷因幣正在經歷下跌，交易者可能會考慮不太容易受到市場波動影響的預售。

One such cryptocurrency garnering considerable attention is Flockerz (FLOCK), which has raised over $1.2 million in funding.

其中一種引起廣泛關注的加密貨幣是 Flockerz (FLOCK)，它已籌集了超過 120 萬美元的資金。

Flockerz focuses on community engagement and collaborative efforts towards achieving shared objectives. It distinguishes itself as a meme coin that incorporates innovative elements, including a novel model designed to incentivize token holders to actively participate in the governance process.

Flockerz 專注於社區參與和協作努力，以實現共同目標。它是一種融合了創新元素的迷因幣，包括旨在激勵代幣持有者積極參與治理過程的新穎模型。

Flockerz has implemented a Vote-To-Earn (V2E) model that rewards FLOCK token holders with additional FLOCK each time they vote on governance decisions. This approach ensures community participation and maintains high levels of decentralization.

Flockerz 實施了投票賺取 (V2E) 模型，每次對治理決策進行投票時，都會向 FLOCK 代幣持有者獎勵額外的 FLOCK。這種方法確保社區參與並維持高水準的權力下放。

It presents a straightforward yet effective solution to a challenge faced by numerous other projects, where token holders often lose interest in governance, leading to increased centralization.

它為許多其他專案面臨的挑戰提供了一個簡單而有效的解決方案，在這些專案中，代幣持有者往往對治理失去興趣，導致中心化程度增強。

Not only do users have an incentive to vote, but their participation directly contributes to the project's growth and development.

用戶不僅有投票的動力，而且他們的參與直接有助於專案的成長和發展。

Crypto analyst ClayBro, a YouTuber with over 130,000 subscribers, believes that this unique feature provides Flockerz with a significant competitive advantage and that it has the potential for exponential gains after its official launch.

加密貨幣分析師 ClayBro 是一位擁有超過 13 萬訂閱者的 YouTuber，他認為這項獨特功能為 Flockerz 提供了顯著的競爭優勢，並且在正式推出後有指數級增長的潛力。

Currently, FLOCK is available for purchase at $0.0059098 and can be acquired using USDT, BNB, ETH, or credit/debit cards.

目前，FLOCK 的購買價格為 0.0059098 美元，可以使用 USDT、BNB、ETH 或信用卡/金融卡購買。

Interested individuals are advised to act promptly as the project's token is scheduled for a price increase within the next two days.

由於該項目的代幣計劃在未來兩天內漲價，建議有興趣的個人立即採取行動。

Visit FLOCK here.

在這裡訪問 FLOCK。

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