(24-hour Dogecoin price trend)

（24小時的狗狗價格趨勢）

Dogecoin Dips Amidst Bearish Signals, Can DOGE Price Plunge 44% in a Death Cross Pattern?

在看跌信號中，狗狗幣在死亡交叉模式中可以跌落44％嗎？

As of February 17, 2025, 6:00 PM UTC, Dogecoin (DOGE) trades at $0.26521375875333, witnessing a 24-hour trading volume of $1084100580.0938. The meme coin has registered a decline of -1.94852644% in the past day.

截至2025年2月17日，下午6:00 UTC，Dogecoin（Doge）的交易價格為0.26521375875333，目睹了24小時交易量為$ 1084100580.0938。在過去的一天中，模因硬幣的下降幅度為-1.94852644％。

Dogecoin's current circulating supply stands at 148081666383.71. Its maximum supply is not specified, while the total supply amounts to 148081666383.71. With these values, the circulating market cap for DOGE is calculated to be $39273295344.08.

Dogecoin目前的循環供應量為148081666383.71。它的最大供應量未指定，而總供應量為148081666383.71。有了這些值，總督的循環市值計算為39273295344.08美元。

Technical Analysis

技術分析

The recent price action for Dogecoin paints a concerning picture. The token has formed a "death cross," a technical pattern that occurs when the 50-day moving average (MA) crosses below the 200-day MA. This pattern often signals a bearish trend in the upcoming period.

Dogecoin最近的價格動作描繪了有關圖片的繪畫。令牌形成了一個“死亡十字”，這是一種技術模式，當50天移動平均線（MA）橫穿200天MA時。這種模式通常標誌著即將到來的時期的看跌趨勢。

If DOGE continues to follow this pattern, it could potentially plunge by 44% to reach a support level of $0.15. Such a decline would significantly hurt Dogecoin's recovery prospects. However, it's important to note that technical analysis alone cannot predict the future, and market conditions can change rapidly.

如果Doge繼續遵循這種模式，則可能會下降44％，達到0.15美元的支持水平。這樣的下降將極大地損害多黴素的恢復前景。但是，重要的是要注意，僅憑技術分析就無法預測未來，市場條件可能會迅速變化。

Industry News

行業新聞

The wider cryptocurrency market has witnessed positive developments that could indirectly benefit DOGE.

更廣泛的加密貨幣市場見證了積極的發展，可能會間接受益。

• Increased Demand for Litecoin (LTC): Litecoin, a similar proof-of-work coin to DOGE, has experienced a surge in demand recently due to the hype surrounding DOGE and XRP exchange-traded funds (ETFs). This demand surge has translated into increased trading volume for LTC, suggesting that whales are accumulating the token.
• Ethereum's Shanghai Upgrade: The highly anticipated Shanghai upgrade for Ethereum is set to go live soon, potentially reigniting interest in the blockchain and its native token, ETH. As Ethereum's popularity and usage rise, altcoins like DOGE may also benefit from renewed attention.

Conclusion

對萊特幣（LTC）的需求增加：由於圍繞Doge和XRP Exchange貿易資金（ETF）的炒作，最近的類似工作證明硬幣Litecoin最近經歷了需求激增。這種需求激增已轉化為LTC的交易量增加，這表明鯨魚正在積累令牌。 。隨著以太坊的受歡迎程度和使用的增長，諸如Doge之類的山寨幣也可能受益於重新關注。

While Dogecoin faces near-term challenges from the death cross pattern, the broader cryptocurrency market trends could offer some respite. The surge in demand for Litecoin and the upcoming Ethereum upgrade may provide a positive catalyst for DOGE. However, traders should exercise caution and monitor the token's price action closely to mitigate potential risks associated with the death cross.

儘管Dogecoin因死亡交叉模式面臨近期挑戰，但更廣泛的加密貨幣市場趨勢可能會帶來一些喘息的機會。對Litecoin和即將進行的以太坊升級的需求激增可能會為Doge提供積極的催化劑。但是，交易者應謹慎行事並密切監視令牌的價格行動，以減輕與死亡十字架相關的潛在風險。