Dogecoin's price performance in 2025 has been volatile, prompting questions about its future trajectory. While it initially showed strong gains during the current bull cycle, a significant correction followed. Analysts remain divided on whether this meme coin will rebound or continue its downward trend.

Dogecoin在2025年的价格性能一直在波动，引起了人们对其未来轨迹的疑问。 虽然最初在当前的牛周期表现出强大的增长，但随后进行了重大校正。 分析师在这种模因硬币是否会反弹还是继续其下降趋势方面仍然存在分歧。

Dogecoin's Price Decline: Over 32% Since January 1st

Dogecoin的价格下跌：自1月1日以来的32％以上

Despite a bullish start to 2025, Dogecoin's price has since retraced by over 32%. Among the top 15 cryptocurrencies by market capitalization, only Avalanche (AVAX) fared worse. This downturn has worried investors who were optimistic following Dogecoin's strong rally in 2024.

尽管看涨到2025年，但Dogecoin的价格自此回顾了32％以上。 在市值的前15个加密货币中，只有雪崩（Avax）的情况更糟。在2024年Dogecoin举行的强烈集会之后，这种低迷的投资者担心投资者。

The price drop follows a period of volatility, with rapid gains in November and December, subsequently hitting resistance. This correction mirrors broader market trends, but Dogecoin's underperformance relative to other major assets has drawn increased scrutiny. Its price is heavily reliant on speculation and external factors, such as celebrity endorsements, making it vulnerable to market shifts.

价格下跌是在一段时间的波动之后，11月和12月的迅速增长，随后击中了阻力。这种纠正反映了更广泛的市场趋势，但是Dogecoin相对于其他主要资产的表现不佳已经提高了审查。 它的价格在很大程度上依赖于猜测和外部因素，例如名人代言，使其容易受到市场转变的影响。

Dogecoin Price: Following XRP's 2021 Pattern?

Dogecoin价格：遵循XRP的2021模式？

Market analyst Tony Severino notes similarities between Dogecoin's current price action and XRP's performance in 2021. His analysis suggests a fractal pattern mirroring XRP's historical price chart, hinting at a cyclical peak for Dogecoin.

市场分析师Tony Severino指出，Dogecoin目前的价格行动与XRP在2021年的表现之间的相似之处。他的分析表明，分形模式反映了XRP的历史价格图表，暗示了Dogecoin的周期性峰值。

Furthermore, Severino points out Dogecoin's failure to hold above the 0.786 Fibonacci extension level at $0.4198 – a level XRP also struggled with in early 2021. This rejection led to a subsequent over 56% drop for Dogecoin, echoing XRP's correction. This pattern fuels speculation that Dogecoin may follow a similar trajectory, limiting its upside potential in the current market cycle.

此外，Severino指出，Dogecoin未能使斐波那契的延伸水平不超过0.4198美元 - XRP在2021年初也在努力。这种拒绝导致Dogecoin下降了56％以上的Dogecoin下降了56％，与XRP的纠正相呼应。 这种模式促使人们猜测，狗狗币可能遵循类似的轨迹，从而限制了其在当前市场周期中的上升潜力。

Growing Institutional Interest

日益增长的机构利益

Despite price concerns, Dogecoin continues to attract institutional interest. Grayscale and Bitwise have both filed for Dogecoin exchange-traded funds (ETFs). This signifies growing interest in bridging cryptocurrencies with traditional investment markets.

尽管有价格问题，但Dogecoin仍在继续吸引机构的兴趣。灰年和位均已申请了Dogecoin交易所交易的资金（ETF）。这表明对将加密货币与传统投资市场弥合的兴趣日益增加。

Grayscale's proposal is currently under review by the U.S. Securities and Exchange Commission. Approval of a Dogecoin ETF could attract more institutional investors, potentially increasing demand for Dogecoin. This aligns with a broader trend of increased institutional exposure to cryptocurrencies, following recent approvals of spot Bitcoin ETFs.

美国证券交易委员会目前正在审查Grayscale的提议。 批准Dogecoin ETF可能会吸引更多的机构投资者，从而增加对Dogecoin的需求。在最近批准了点比特币ETF之后，这与加密货币的机构暴露增加的更广泛趋势相吻合。

Recent analysis suggests a buy signal for Dogecoin from the TD Sequential indicator, potentially indicating a price increase. Furthermore, whale activity, including recent purchases of 140 million DOGE, coupled with price increases, suggests further market positivity and the potential for upward price movement.

最近的分析表明，从TD顺序指标中，Dogecoin的购买信号可能表明价格上涨。 此外，鲸鱼活动，包括最近购买的1.4亿个门槛，再加上价格上涨，这表明了进一步的市场积极性和向上价格上涨的潜力。

At the time of writing, Dogecoin is trading at $0.2075, up 2.63% in the last 24 hours, reflecting a recent upward trend with increased market activity.

在撰写本文时，Dogecoin的交易价格为0.2075美元，在过去24小时内增长了2.63％，这反映了最近的上升趋势，而市场活动的增加。