Dogecoin Price Forecast: DOGE, a popular meme-inspired cryptocurrency, recently saw its value decrease significantly.
Over the past 24 hours, Dogecoin price has dropped by over 5%, reaching a new low of $0.1346. This downturn is part of a broader negative trend affecting the entire cryptocurrency market.

狗狗币价格预测：DOGE是一种流行的受迷因启发的加密货币，最近其价值大幅下跌。过去24小时内，狗狗币价格下跌超过5%，触及0.1346美元的新低。这种低迷是影响整个加密货币市场的更广泛负面趋势的一部分。

Despite a slight decrease in overall value, Dogecoin has experienced a notable 26% rise in trading volume, reaching $1.12 billion.
This uptick highlights a growing interest among traders. Currently, with a market capitalization of $19.39 billion, Dogecoin ranks as the eighth largest cryptocurrency.

尽管总体价值略有下降，但狗狗币的交易量显着增长了 26%，达到 11.2 亿美元。这一增长凸显了交易者的兴趣日益浓厚。目前，狗狗币的市值为 193.9 亿美元，排名第八大加密货币。

Dogecoin Price Forecast: Potential Downturn or Recovery on the Horizon?
The meme coin Dogecoin has seen its value drop significantly by over 18% in the last month. This decline started when DOGE fell below the important $0.2 mark in early April. Over the past week, the coin’s price swung between $0.165 and $0.13, resulting in a near 15% fall. The consistent selling pressure suggests a pessimistic forecast for the cryptocurrency as it loses ground.

狗狗币价格预测：潜在的衰退还是即将复苏？迷因币狗狗币的价值在上个月大幅下跌了 18% 以上。当 DOGE 在 4 月初跌破重要的 0.2 美元关口时，这种下跌就开始了。过去一周，该代币的价格在 0.165 美元至 0.13 美元之间波动，跌幅接近 15%。持续的抛售压力表明人们对加密货币的悲观预测，因为它正在下跌。

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Dogecoin Price Prediction

狗狗币价格预测

Dogecoin has recently become the focus of notable investor intrigue, primarily due to significant activity by a crypto whale.
Recent data from the on-chain transaction tracker Whale Alert highlights two large-scale acquisitions by an anonymous investor.

狗狗币最近成为了引人注目的投资者兴趣的焦点，这主要是由于加密鲸鱼的重大活动。链上交易跟踪器 Whale Alert 的最新数据突显了匿名投资者的两次大规模收购。

Initially, this investor channeled funds to secure a substantial 150 million DOGE, equivalent to approximately $21.28 million, from the trading platform Robinhood.
This move alone signaled a potent market shift, drawing considerable attention.

最初，该投资者从交易平台 Robinhood 筹集了 1.5 亿枚 DOGE（约合 2128 万美元）。仅这一举动就标志着市场的巨大转变，引起了广泛关注。

Subsequently, the same investor added another 76.31 million DOGE to their portfolio, an investment worth about $10.76 million, again through Robinhood.
These consecutive large purchases by a single entity underscore a heightened market engagement with Dogecoin, even as its price struggles.

随后，该投资者又通过 Robinhood 向其投资组合添加了 7631 万枚 DOGE，投资价值约 1076 万美元。单个实体的这些连续大笔购买凸显了狗狗币的市场参与度增强，尽管狗狗币的价格仍在挣扎。

A drop below the $0.12 mark may prompt DOGE to hit a support level at $0.11, possibly indicating a turn towards a bearish market.
The following critical support levels are set at $0.10 and $0.09. A breach below these might lead to a further drop to approximately $0.08.

跌破 0.12 美元大关可能会促使 DOGE 触及 0.11 美元的支撑位，这可能表明市场转向看跌。以下关键支撑位定为 0.10 美元和 0.09 美元。低于这些值可能会导致价格进一步跌至约 0.08 美元。

Conversely, if bullish trends take hold, Dogecoin could sustain its position above the crucial $0.12 threshold.
This could lead to a rise towards $0.15 and potentially to the much-awaited $1 mark. Such positive developments hinge on Dogecoin overcoming significant resistance and maintaining strong support levels.

相反，如果看涨趋势持续下去，狗狗币可能会维持在关键的 0.12 美元门槛之上。这可能会导致价格上涨至 0.15 美元，并有可能升至期待已久的 1 美元大关。这种积极的发展取决于狗狗币克服重大阻力并维持强劲的支撑位。

Technical Indicators Show Continuation of Bearish Trend
The Relative Strength Index (RSI) currently sits at 34.81, indicating that Dogecoin might be approaching oversold territory, suggesting the potential for a price rebound if investor interest increases. Additionally, the Moving Average Convergence Divergence (MACD) shows a bearish crossover, hinting that the downward trend might continue in the short term.

技术指标显示看跌趋势持续相对强弱指数（RSI）目前为34.81，表明狗狗币可能正在接近超卖区域，这表明如果投资者兴趣增加，价格可能会反弹。此外，移动平均线收敛分歧（MACD）显示看跌交叉，暗示短期内可能会继续下行趋势。

Dogecoin Price Prediction | Source: Tradingview

狗狗币价格预测 |来源：Tradingview

The Average Directional Index (ADX), currently at 30.41, indicates that the trend has strength but might be losing some momentum.
Meanwhile, the Awesome Oscillator (AO) is showing a value of -0.02714, which suggests that there might be bearish pressure in the market.

平均方向指数 (ADX) 目前为 30.41，表明趋势强劲，但可能会失去一些动力。同时，动量震荡指标 (AO) 显示的值为 -0.02714，这表明趋势可能存在看跌压力。市场。

The post DOGE Price Forecast: Can Dogecoin Finally Reach $0.2 On Rising Whale Interest? appeared first on CoinGape.

DOGE 价格预测：随着鲸鱼兴趣的上升，狗狗币最终能否达到 0.2 美元？首先出现在 CoinGape 上。