,Dogecoin now finds its current price movement moving with a peculiar lack of action. In this case, the lack of action points to low volatility, especially in the last few days. Notably, on-chain data from IntoTheBlock has revealed that the crypto is now at its lowest point in the last 30 days.

狗狗幣現在發現其當前的價格走勢特別缺乏行動。在這種情況下，缺乏行動表明波動性較低，尤其是在過去幾天。值得注意的是，IntoTheBlock 的鏈上數據顯示，加密貨幣目前處於過去 30 天內的最低點。

Related Reading: Did Regulations Push LocalMonero Out? Privacy Coin Platform Bites The Dust

相關閱讀：法規是否將 LocalMonero 趕出局？隱私幣平台塵埃落定

In the crypto world, low volatility typically means lower interest from short-term speculators and traders, which in turn could lead to DOGE trading in a sideways movement in the short term.

在加密貨幣世界中，低波動性通常意味著短期投機者和交易者的興趣較低，這反過來可能導致 DOGE 交易在短期內橫向波動。

Volatility Points To Stagnant Price Action

波動表示價格走勢停滯

At the time of writing, DOGE is trading at $0.1430 and is down by 5.22% in the past 24 hours. This decline has seen the meme coin reversing some of its gains earlier in the week. Interestingly, this reversal and failure to keep up its price gains means DOGE has largely bounced between the upper end of $0.172 and the lower end of $0.12 since the middle of April.

截至撰寫本文時，DOGE 的交易價格為 0.1430 美元，在過去 24 小時內下跌了 5.22%。這種下跌使得模因幣扭轉了本週早些時候的部分漲幅。有趣的是，這種逆轉和未能保持價格上漲意味著自 4 月中旬以來 DOGE 基本上在 0.172 美元的上限和 0.12 美元的下限之間反彈。

According to the data from IntoTheBlock, this sideways movement can be attributed to a lack of volatility from the meme coin.  DOGE’s price action is primarily influenced by a limited number of factors, given its meme coin status and lack of a clearly defined real-world utility. One of these factors involves the movements of whales, while another is the increased demand fueled by trader hype. This surge in demand, in turn, leads to heightened volatility and a quick increase in prices. 

根據 IntoTheBlock 的數據，這種橫盤走勢可歸因於 meme 幣缺乏波動性。鑑於 DOGE 的迷因幣地位以及缺乏明確定義的現實世界效用，DOGE 的價格走勢主要受到有限因素的影響。其中一個因素涉及鯨魚的移動，另一個因素是貿易商炒作推動的需求增加。需求激增反過來導致波動加劇和價格快速上漲。

Dogecoin is now trading at $0.14. Chart: TradingView

狗狗幣現交易價格為 0.14 美元。圖表：TradingView

On the other hand, when a crypto like Dogecoin experiences a period of low volatility, it usually means the price isn’t moving up or down very much. In other words, the market has temporarily reached an equilibrium. During these lulls, the Dogecoin price tends to move sideways, trading within a narrow range. The low volatility indicates a lack of strong sentiment in either direction. Neither the bulls nor the bears have taken control, so the market is indecisive.

另一方面，當像狗狗幣這樣的加密貨幣經歷一段低波動期時，通常意味著價格不會大幅上漲或下跌。換句話說，市場暫時達到了均衡。在這些間歇期，狗狗幣的價格往往會橫向波動，在窄幅區間內交易。低波動性表示任一方向都缺乏強烈的情緒。多頭和空頭都沒有佔據主導地位，因此市場猶豫不決。

What’s Next For DOGE?

DOGE 的下一步是什麼？

At the time of writing, DOGE could continue trading around the $0.14 price level in the coming days. The crypto is also at risk of revising $0.12 at the downside if the $0.14 support level fails to hold. However, DOGE is still one of the largest cryptocurrencies by market cap, meaning this period of low volatility could end as soon as it began. 

截至撰寫本文時，DOGE 可能會在未來幾天繼續在 0.14 美元的價格水平附近交易。如果未能守住 0.14 美元的支撐位，加密貨幣也面臨下行修正 0.12 美元的風險。然而，DOGE 仍然是市值最大的加密貨幣之一，這意味著這段低波動時期可能一開始就結束。

Related Reading: Cardano Founder Unleashes Fury: Biden Administration Is ‘Destroying’ Crypto

相關閱讀：卡爾達諾創始人釋放憤怒：拜登政府正在「摧毀」加密貨幣

A factor that could return bullish momentum is the recent reports of Tesla adding Dogecoin as a payment method according to a FAQs section on the company’s official website.

根據該公司官方網站上的常見問題解答部分，最近有報導稱特斯拉添加了狗狗幣作為支付方式，這可能會恢復看漲勢頭。

The lackluster action presents a good opportunity for Dogecoin traders to load up their holdings while anticipating a price increase in the longer term. Featured image from Pinterest, chart from TradingView

低迷的走勢為狗狗幣交易者提供了一個增加持有量的好機會，同時預計長期價格會上漲。精選圖片來自 Pinterest，圖表來自 TradingView