(24-hour Dogecoin price trend)

（24小時狗狗幣價格走勢）

Dogecoin Price Analysis: DOGE Declines Despite Elon Musk's Support

狗狗幣價格分析：儘管有伊隆馬斯克的支持，狗狗幣還是下跌

As of July 28, 2024, at 10:00 PM UTC, Dogecoin (DOGE) is trading at $0.13088427710334. Its 24-hour trading volume stands at $1,293,230,244.8548, indicating active market participation.

截至 UTC 時間 2024 年 7 月 28 日晚上 10:00，狗狗幣 (DOGE) 的交易價格為 0.13088427710334 美元。其24小時交易量為1,293,230,244.8548美元，顯示市場參與活躍。

Over the past 24 hours, DOGE has experienced a significant price drop of -4.80694047%. This downturn comes despite recent positive sentiment surrounding the coin from its influential supporter, Elon Musk.

過去24小時，DOGE價格大幅下跌-4.80694047%。儘管其頗具影響力的支持者馬斯克(Elon Musk)最近對這種代幣持積極態度，但這種低迷還是發生了。

Key Token Metrics

關鍵令牌指標

• Circulating Supply: 145,301,276,383.71 DOGE
• Maximum Supply: N/A
• Total Supply: 145,301,276,383.71 DOGE
• Market Cap: $19,017,652,521.674

Price Analysis

循環供應量：145,301,276,383.71 DOGE最大供應量：N/A總供應量：145,301,276,383.71 DOGE市值：$19,017,652,521.674價格分析

The recent price decline has pushed DOGE below its key support level of $0.14. The coin is currently trading in a bearish trend, with a potential for further downside movement.

最近的價格下跌已使 DOGE 跌破 0.14 美元的關鍵支撐位。該代幣目前處於看跌趨勢，有可能進一步下跌。

Technical indicators, such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD), indicate oversold conditions in the short term. However, it's worth noting that DOGE has historically displayed strong resilience and has the potential to recover quickly from setbacks.

相對強弱指數（RSI）和移動平均線收斂分歧（MACD）等技術指標顯示短期內存在超賣狀況。然而值得注意的是，DOGE歷來表現出強大的韌性，並有潛力從挫折中快速恢復。

Market Sentiment

市場情緒

The market sentiment around DOGE remains mixed. While the recent price drop has dampened enthusiasm among some investors, others remain optimistic about the coin's long-term prospects, particularly given Elon Musk's vocal support.

圍繞 DOGE 的市場情緒依然喜憂參半。儘管最近的價格下跌削弱了一些投資者的熱情，但其他投資者仍然對代幣的長期前景持樂觀態度，特別是考慮到 Elon Musk的大力支持。

Conclusion

結論

The current price action of Dogecoin suggests that the market is in a period of uncertainty and volatility. While the recent decline is concerning, it's important to note that DOGE has weathered similar downturns in the past and has a history of rebounding. Investors should conduct thorough research and consider their own risk tolerance before making any investment decisions.

狗狗幣當前的價格走勢顯示市場正處於不確定性和波動性時期。雖然最近的下跌令人擔憂，但值得注意的是，狗狗幣過去也經歷過類似的低迷，並且有反彈的歷史。投資者在做出任何投資決定之前應進行徹底的研究並考慮自己的風險承受能力。