Dogecoin Price Prediction

狗狗幣價格預測

Dogecoin (DOGE), a prominent meme coin, has undergone a notable decline in the past 24 hours. It continues to trade below the $0.12 support level due to ongoing bearish pressure. At the time of writing, DOGE is at $0.111, down 9% during European trading hours. Its current market capitalization is approximately $16 billion, as per CoinMarketCap.

狗狗幣 (DOGE) 是一種著名的迷因幣，在過去 24 小時內經歷了顯著下跌。由於持續的看跌壓力，其交易價格繼續低於 0.12 美元的支撐位。截至撰寫本文時，DOGE 價格為 0.111 美元，在歐洲交易時段下跌 9%。根據 CoinMarketCap 的數據，其當前市值約為 160 億美元。

This downturn has resulted in a surge in trading volume, which increased by 113% within the same period, indicating heightened trader activity.

這種低迷導致交易量激增，同期成長了 113%，顯示交易者活動加劇。

Will $0.10 Become the New Norm?

0.10 美元會成為新常態嗎？

Over the past week, DOGE has declined by 7%, and by 30% in the last 30 days, mirroring broader market volatility. This trend reflects fluctuating investor sentiment and market dynamics affecting meme coins. Dogecoin has experienced market corrections and fluctuations between $0.12 and $0.11.

過去一周，DOGE 下跌了 7%，過去 30 天下跌了 30%，反映了更廣泛的市場波動。這一趨勢反映了投資者情緒的波動和影響模因幣的市場動態。狗狗幣經歷了市場調整併在 0.12 美元至 0.11 美元之間波動。

Current Market Conditions

目前的市場狀況

Dogecoin has faced a significant decline, similar to major cryptocurrencies like Bitcoin, Ethereum, and XRP. DOGE has fallen approximately 55% from its yearly peak and 84% below its record high. This drop coincides with a slump in newer meme coins such as Pepe, Dogwifhat, Bonk, and SHIB.

與比特幣、以太幣和 XRP 等主要加密貨幣類似，狗狗幣也面臨大幅下跌。 DOGE 已較年度高峰下跌約 55%，較歷史高點下跌 84%。此次下跌與 Pepe、Dogwifhat、Bonk 和 SHIB 等新迷因幣的暴跌同時發生。

Despite the downturn, BitMEX has launched the MEMEMEX Basket Index, which combines leading meme coins into a single trading entity. This index allows traders to engage with these assets through a USDT-margined contract. It provides up to 25x leverage and includes Dogecoin, SHIB, and PEPE.

儘管經濟低迷，BitMEX 仍推出了 MEMEMEX 籃子指數，該指數將領先的 meme 代幣整合到一個交易實體中。該指數允許交易者透過 USDT 保證金合約參與這些資產。它提供高達 25 倍的槓桿，包括狗狗幣、SHIB 和 PEPE。

Future Price Outlook

未來價格展望

Dogecoin is currently in a downtrend. If it falls below $0.11, it may drop to $0.10. Further market weakness could push the price down to $0.09, indicating seller dominance.

狗狗幣目前處於下跌趨勢。如果跌破 0.11 美元，則可能跌至 0.10 美元。市場進一步疲軟可能會將價格壓低至 0.09 美元，表明賣方佔據主導地位。

Alternatively, rising optimism could lead to a recovery above $0.12. Breaking past this point could initiate a move towards $0.15, potentially followed by further gains to $0.2 and even $0.3.

或者，樂觀情緒的上升可能導致價格反彈至 0.12 美元以上。突破這一點可能會導致價格上漲至 0.15 美元，隨後可能進一步上漲至 0.2 美元甚至 0.3 美元。

Technical Analysis

技術分析

Indicators suggest potential price shifts, including:

指標顯示潛在的價格變化，包括：

• RSI: Below 30, indicating oversold conditions.
• MACD: Histogram showing decreasing momentum and potential for a bearish crossover.
• Stochastic Oscillator: Below 20, supporting the oversold thesis.

RSI：低於 30，顯示超賣狀況。