(24-hour Dogecoin price trend)

（24小時狗狗幣價格走勢）

Dogecoin Price Analysis: DOGE Slumps by 13.18% Amid Bearish Market Conditions

狗狗幣價格分析：在市場看跌的情況下，狗狗幣下跌 13.18%

On December 20, 2024, at 09:00 AM UTC, Dogecoin (DOGE) was trading at $0.31339813584367. The 24-hour trading volume stood at $9,720,088,503.0623, indicating a significant trading activity. However, the price of DOGE experienced a downward trend, dropping by -13.17955392% over the past 24 hours.

世界標準時間 2024 年 12 月 20 日上午 09:00，狗狗幣 (DOGE) 的交易價格為 0.31339813584367 美元。 24小時交易量為9,720,088,503.0623美元，顯示交易活動活躍。然而，DOGE的價格卻出現了下跌趨勢，過去24小時下跌了-13.17955392%。

Key Statistics:

主要統計數據：

• Circulating Supply: 147,272,036,383.71
• Max Supply: Unlimited
• Total Supply: 147,272,036,383.71
• Market Cap: $46,154,781,664.554

Market Dynamics:

循環供應量：147,272,036,383.71最大供應量：無限總供應量：147,272,036,383.71市值：46,154,781,664.554美元市場動態：

The cryptocurrency market has been facing bearish headwinds in recent days, and Dogecoin has not been immune to this downward trend. The overall sentiment in the market remains cautious, with investors taking a more risk-averse approach. Factors such as geopolitical tensions, rising inflation, and concerns over the global economy have contributed to the decline in investor confidence.

最近幾天，加密貨幣市場一直面臨著看跌的逆風，狗狗幣也未能倖免於這種下跌趨勢。市場整體情緒依然謹慎，投資人採取更為規避風險的態度。地緣政治緊張局勢、通膨上升以及對全球經濟的擔憂等因素導致投資者信心下降。

Technical Analysis:

技術分析：

From a technical analysis perspective, Dogecoin has broken below key support levels in recent days. The moving averages, particularly the 50-day moving average, are trending downwards, indicating that the bears are in control of the market. The Relative Strength Index (RSI) also suggests that the momentum is tilted towards the downside.

從技術分析的角度來看，狗狗幣最近幾天已跌破關鍵支撐位。移動平均線，特別是50日移動平均線，呈下降趨勢，顯示空頭控制市場。相對強弱指數（RSI）也顯示勢頭傾向於下行。

Conclusion:

結論：

The current price action for Dogecoin suggests that the bears are in control and that a further decline in price is possible. Investors should exercise caution and manage their risk accordingly. It is important to note that the cryptocurrency market is volatile, and sudden price swings can occur at any time. As with any investment, it is crucial to do thorough research and make informed decisions before committing any funds.

狗狗幣目前的價格走勢顯示空頭已掌控局面，價格可能進一步下跌。投資者應謹慎行事並相應地管理風險。值得注意的是，加密貨幣市場波動很大，價格隨時可能發生突然波動。與任何投資一樣，在投入任何資金之前進行徹底的研究並做出明智的決定至關重要。