Dogecoin (DOGE) Prepares for Potential Bullish Reversal Amidst Significant Undervaluation

狗狗幣（DOGE）在嚴重低估的情況下為潛在的看漲逆轉做好準備

Dogecoin (DOGE) has taken a significant dip, shedding 6.87% in the past 24 hours. Despite this, promising signs of a bullish reversal are emerging.

狗狗幣 (DOGE) 大幅下跌，在過去 24 小時內下跌 6.87%。儘管如此，看漲逆轉的有希望的跡象正在出現。

The leading memecoin has entered a historically significant buy zone, as indicated by its Market Value to Realized Value (MVRV) ratio, signaling potential for a short-term surge.

正如其市場價值與已實現價值（MVRV）比率所示，領先的 memecoin 已進入歷史上重要的買入區域，這預示著短期飆升的潛力。

MVRV Ratio Insights into DOGE's Price

MVRV 比率洞察 DOGE 的價格

According to Bitcoinist, Dogecoin's 30-day MVRV ratio currently stands at -13%, offering an attractive entry point for traders.

據 Bitcoinist 稱，狗狗幣的 30 天 MVRV 比率目前為 -13%，為交易者提供了一個有吸引力的切入點。

Historically, the ratio in this range has preceded price rallies, making this period an opportune time to accumulate DOGE.

從歷史上看，這個範圍內的比率先於價格上漲，使這段時期成為累積 DOGE 的最佳時機。

The MVRV ratio compares a crypto asset's current market capitalization to its realized capitalization, reflecting whether it is overvalued or undervalued relative to its fair value.

MVRV 比率將加密資產的當前市值與其已實現資本進行比較，反映其相對於其公允價值是否被高估或低估。

A low or negative MVRV ratio signifies undervaluation and a potential buying opportunity.

MVRV 比率較低或為負值意味著估值被低估和潛在的買入機會。

For Dogecoin, an MVRV ratio between -8 and -20% has consistently marked the beginning of price recoveries. In the past, these negative MVRV periods have been followed by significant price jumps.

對於狗狗幣來說，MVRV 比率在-8% 到-20% 之間一直標誌著價格回升的開始。過去，MVRV 為負值的時期伴隨著價格的大幅上漲。

For instance, from March 14th to 20th, DOGE's price plunged by 31%, driving its MVRV ratio to -15%. Shortly after, Dogecoin reversed course and surged by 78%, peaking at $0.2262 on March 28th.

例如，3月14日至20日，DOGE的價格暴跌31%，導致其MVRV比率降至-15%。不久之後，狗狗幣逆轉走勢，飆升 78%，於 3 月 28 日達到 0.2262 美元的高峰。

Current Market Dynamics

當前市場動態

Dogecoin's 30-day MVRV ratio currently rests at -13% after weeks of bearish price action. Notably, this sharp price decline has dragged the MVRV ratio down to -16.7% over the past seven days, as per data from Santiment.

經過數週的看跌價格走勢後，狗狗幣的 30 天 MVRV 比率目前為 -13%。值得注意的是，根據 Santiment 的數據，在過去 7 天裡，價格大幅下跌已將 MVRV 比率拖至 -16.7%。

This suggests that Dogecoin is currently undervalued, providing a potential entry point for traders.

這表明狗狗幣目前被低估，為交易者提供了潛在的切入點。

At the time of writing, Dogecoin is trading at $0.1168, reflecting a 12.30% decline in the last 24 hours. Its MVRV ratio alone suggests a likelihood of an imminent rebound, although this is not a guaranteed outcome. The current conditions align with historical patterns that have led to Dogecoin price surges in the past.

截至撰寫本文時，狗狗幣的交易價格為 0.1168 美元，在過去 24 小時內下跌了 12.30%。其 MVRV 比率本身就表明有可能即將反彈，儘管這並不能保證結果。目前的情況與過去導致狗狗幣價格飆升的歷史模式相符。

Furthermore, data from IntoTheBlock indicates that Dogecoin is resting above a significant on-chain support level.

此外，來自 IntoTheBlock 的數據表明狗狗幣正處於重要的鏈上支撐位之上。

The In/Out of the Money analysis shows that DOGE is within a strong support zone where 41.81 billion DOGE were purchased by investors at an average cost of $0.106. This zone could prove crucial should DOGE extend its current price decline and drop below $0.11.

資金流入/流出分析顯示，DOGE 位於強大的支撐區域內，投資者以平均成本 0.106 美元購買了 418.1 億枚 DOGE。如果 DOGE 延續目前的價格下跌並跌破 0.11 美元，那麼這個區域可能至關重要。

The current market conditions suggest that Dogecoin is poised for a potential bullish reversal. The MVRV ratio points to undervaluation, and significant on-chain support adds to the likelihood of a price rebound.

當前的市場狀況顯示狗狗幣有望出現潛在的看漲逆轉。 MVRV 比率顯示估值被低估，而顯著的鏈上支援增加了價格反彈的可能性。

While the historical performance of the MVRV ratio has led to rallies, it is essential to consider other market factors before making investment decisions.

雖然 MVRV 比率的歷史表現導致了反彈，但在做出投資決策之前必須考慮其他市場因素。