(24-hour Dogecoin price trend)

（24小時狗狗幣價格走勢）

Dogecoin Price Analysis

狗狗幣價格分析

As of October 20, 2024, 7:00 PM UTC, Dogecoin (DOGE) is valued at $0.14280809698662, with a 24-hour trading volume of $1,467,450,195.77. Over the past 24 hours, DOGE has experienced a price drop of -1.94476449%.

截至 UTC 時間 2024 年 10 月 20 日晚上 7:00，狗狗幣 (DOGE) 的價值為 0.14280809698662 美元，24 小時交易量為 1,467,450,195.77 美元。在過去的24小時內，DOGE的價格下跌了-1.94476449%。

Dogecoin Key Metrics:

狗狗幣關鍵指標：

• Circulating Supply: 146,444,526,383.71 DOGE
• Maximum Supply: None
• Total Supply: 146,444,526,383.71 DOGE
• Market Cap: $20,913,464,126.964

Market Analysis:

循環供應量：146,444,526,383.71 DOGE最大供應量：無總供應量：146,444,526,383.71 DOGE市值：$20,913,464,126.964市場分析：

Despite the recent price decline, Dogecoin has maintained a significant market presence, ranking among the top 10 cryptocurrencies by market capitalization. The cryptocurrency's association with Elon Musk, CEO of Tesla and SpaceX, has contributed to its popularity and speculation.

儘管最近價格下跌，但狗狗幣仍保持著重要的市場地位，按市值躋身前 10 名加密貨幣。這種加密貨幣與特斯拉和 SpaceX 執行長 Elon Musk 的聯繫，促進了它的流行和投機。

The broader cryptocurrency market has experienced volatility in recent days, with Bitcoin (BTC) showing a slight uptrend while Ethereum (ETH) has remained relatively stable. Dogecoin's correlation with these major digital assets suggests that its price may be influenced by market trends and sentiment.

最近幾天，更廣泛的加密貨幣市場經歷了波動，比特幣（BTC）呈現小幅上漲趨勢，而以太幣（ETH）保持相對穩定。狗狗幣與這些主要數位資產的相關性表明，其價格可能會受到市場趨勢和情緒的影響。

Technical Analysis:

技術分析：

From a technical perspective, Dogecoin is currently trading below key resistance levels. The 50-day moving average (MA) and the 200-day MA act as barriers that need to be broken for sustained upward momentum. However, the relative strength index (RSI) is hovering around 40, indicating that DOGE is neither overbought nor oversold.

從技術面來看，狗狗幣目前交易價格低於關鍵阻力位。 50 日移動平均線 (MA) 和 200 日移動平均線是需要突破才能獲得持續上漲動力的障礙。不過，相對強弱指數（RSI）徘徊在40左右，顯示DOGE既沒有超買也沒有超賣。

Outlook:

前景：

Short-term price predictions for Dogecoin remain uncertain, with fluctuations expected within the current range. However, long-term investors may be optimistic based on the cryptocurrency's past performance and its association with Musk. The advent of new use cases and increased adoption could drive demand for DOGE in the future.

狗狗幣的短期價格預測仍不確定，預計將在當前範圍內波動。然而，基於加密貨幣過去的表現及其與馬斯克的聯繫，長期投資者可能會感到樂觀。新用例的出現和採用率的增加可能會推動未來對 DOGE 的需求。