(24-hour Dogecoin price trend)

（24小時狗狗幣價格走勢）

Dogecoin Market Analysis: Uptrend Gains Momentum

狗狗幣市場分析：上升趨勢增強

As of 06:00 AM UTC on July 20, 2024, Dogecoin (DOGE) stands at a price of $0.12516393982052. It has experienced a 5.24377142% surge in value over the past 24 hours, reflecting heightened market optimism.

截至世界標準時間 2024 年 7 月 20 日上午 06:00，狗狗幣 (DOGE) 的價格為 0.12516393982052 美元。在過去 24 小時內，其價值飆升 5.24377142%，反映出市場樂觀情緒增強。

The coin's 24-hour trading volume has reached $711,881,102.4442, marking significant trading activity. Bitcoin, the leading cryptocurrency by market capitalization, currently has a circulating supply of 145,184,546,383.71.

該幣的 24 小時交易量已達到 711,881,102.4442 美元，標誌著交易活動活躍。比特幣是市值領先的加密貨幣，目前的流通供應量為 145,184,546,383.71。

Dogecoin's circulating supply is identical to Bitcoin's, as both cryptocurrencies share the same underlying blockchain technology. The total supply of DOGE remains unknown, potentially contributing to its market volatility. The total market capitalization of Dogecoin stands at $18,171,869,826.44, solidifying its position as one of the top cryptocurrencies by market value.

狗狗幣的流通供應與比特幣相同，因為兩種加密貨幣共享相同的底層區塊鏈技術。 DOGE 的總供應量仍然未知，這可能會導致其市場波動。狗狗幣的總市值為 18,171,869,826.44 美元，鞏固了其作為市值最高的加密貨幣之一的地位。

Analysts attribute Dogecoin's recent price surge to positive investor sentiment following a series of major advancements in the cryptocurrency ecosystem. Notably, Tesla's recent announcement that it will begin accepting DOGE as payment for its merchandise has bolstered the coin's value.

分析師將狗狗幣最近的價格飆升歸因於加密貨幣生態系統取得一系列重大進展後投資者的積極情緒。值得注意的是，特斯拉最近宣布將開始接受 DOGE 作為其商品的付款方式，這提振了該代幣的價值。

Technical analysis reveals that DOGE has broken above a key resistance level, indicating the continuation of an uptrend. The coin's relative strength index (RSI) is also moving towards overbought territory, suggesting that a market correction may be possible in the near term.

技術分析顯示，DOGE 已突破關鍵阻力位，顯示上升趨勢仍在持續。該代幣的相對強弱指數（RSI）也正在走向超買區域，顯示近期可能出現市場調整。

While the market outlook for DOGE remains positive, investors are advised to exercise caution and conduct thorough research before making investment decisions. The cryptocurrency market is highly volatile, and sudden price swings are possible.

雖然 DOGE 的市場前景依然樂觀，但建議投資人在做出投資決定之前保持謹慎並進行徹底研究。加密貨幣市場波動性很大，價格可能會突然波動。