Dogecoin's Recent Price Crash and the Looming Death Cross

Dogecoin最近的價格崩潰和迫在眉睫的死亡十字架

Dogecoin (DOGE) has experienced a significant price decline in recent months, reaching a low of $0.019 on Sunday—its lowest point since November 7, 2023. This represents a drop of over 60% from its November high.

Dogecoin（Doge）最近幾個月的價格大幅下降，至2023年11月7日以來的最低點，達到了0.019美元的低點。這比11月的高點下降了60％以上。

This downturn mirrors the performance of other meme coins, with popular tokens like Shiba Inu, Pepe, and Dogwifhat also experiencing declines of over 50%.

這種低迷反映了其他模因硬幣的性能，諸如shiba inu，pepe和dogwifhat等流行的令牌也降低了50％以上。

Elon Musk's influence, a key factor in Dogecoin's past success, has also come under pressure. Reports indicate a substantial decrease in his net worth, impacting investor sentiment.

埃隆·馬斯克（Elon Musk）的影響力是狗狗幣過去成功的關鍵因素，也受到壓力。 報告表明，他的淨資產大幅下降，影響了投資者的情緒。

Further complicating the situation are reports of increasing tensions between Elon Musk and Donald Trump. News outlets suggest friction between Musk and cabinet officials, potentially leading to Musk's departure from a government position. Kalshi data suggests a 54% probability of this departure before July 2026.

局勢進一步使情況變得更加複雜的是，埃隆·馬斯克（Elon Musk）和唐納德·特朗普（Donald Trump）之間緊張局勢加劇的報導。 新聞媒體暗示馬斯克和內閣官員之間的摩擦，可能導致馬斯克離開政府職位。 Kalshi數據表明，在2026年7月之前，此次出發的可能性為54％。

Dogecoin's popularity surge in 2021 was largely attributed to Musk's endorsements. His potential departure from his government role could negatively impact Dogecoin's price.

Dogecoin在2021年的流行激增主要歸因於馬斯克的認可。 他潛在的偏離政府角色可能會對多黴素的價格產生負面影響。

Dogecoin Price Analysis

Dogecoin價格分析

[Image: DOGE price chart | Source: crypto.news]

[圖片：總督價格圖|資料來源：crypto.news]

The daily chart indicates a sustained downtrend, with investors remaining cautious. A death cross pattern—where the 50-day and 200-day Exponential Moving Averages intersect—is imminent. Historically, this pattern has preceded significant price drops (e.g., a 40% drop in July 2024).

每日圖表表明持續的下降趨勢，投資者保持謹慎。 迫在眉睫的50天和200天指數移動相交的死亡交叉模式即將相交。 從歷史上看，這種模式在價格下降之前已經大幅下降（例如，2024年7月下降了40％）。

DOGE has fallen below the 61.8% Fibonacci Retracement level at $0.2360, suggesting bearish momentum. The MACD and Relative Strength Index also point to continued downward pressure. The next key support level is $0.1680 (78.6% retracement). A break below this could trigger a further decline to $0.08, representing a 60% drop from the current price.

Doge跌至61.8％的斐波那契回替型水平為0.2360美元，這表明看跌勢頭。 MACD和相對強度指數也指向持續向下壓力。 下一個鍵支持水平為$ 0.1680（回回接回收）。 低於此的休息可能會導致進一步下降至0.08美元，這比目前的價格下降了60％。