The Dogecoin price plummeted 5% in the last 24 hours to trade at $0.4394 as of 3.40 a.m. EST on a trading volume that dropped 28% to $7 billion.

截至美国东部时间上午 3.40，狗狗币价格在过去 24 小时内暴跌 5%，交易价格为 0.4394 美元，交易量下降 28% 至 70 亿美元。

The crypto industry's first meme coin's price has fluctuated lately, but over the past five days, DOGE has followed a generally bullish trend that took it from $0.40 to $0.48. However, with the beginning of the new week, the coin experienced a price correction that brought it down to $0.43.

加密行业第一个模因币的价格最近有所波动，但在过去五天里，DOGE 遵循总体看涨趋势，从 0.40 美元升至 0.48 美元。然而，随着新一周的开始，代币经历了价格调整，跌至 0.43 美元。

Most major cryptos are currently trading in the red, including Dogecoin. However, this is likely a temporary situation as there are signs of a possible recovery soon.

大多数主要加密货币目前都处于亏损状态，包括狗狗币。然而，这可能只是暂时的情况，因为有迹象表明可能很快就会复苏。

Dogecoin Price Prediction

狗狗币价格预测

The Dogecoin price experienced a sharp fall after a steady climb to the resistance level at $0.48. This could indicate that the coin's growth was healthy, but the decline was sudden, leading to undervaluation.

狗狗币价格在稳步攀升至 0.48 美元阻力位后经历了大幅下跌。这可能表明代币的增长是健康的，但下跌是突然的，导致估值被低估。

Therefore, Dogecoin may experience a price recovery in its pursuit of stability. The project's Bollinger bands have also widened significantly over the last 10 hours since the decline began. Wide bands are typically a positive sign, but in this case, the price has been stuck to the lower band, pushing it down, indicating a bearish trend.

因此，狗狗币在追求稳定的过程中可能会经历价格回升。自下跌开始以来，该项目的布林带在过去 10 小时内也显着扩大。宽频带通常是一个积极信号，但在这种情况下，价格一直停留在较低频带，将其推低，表明看跌趋势。

On the other hand, the project's Relative Strength Index (RSI) fluctuated around the value of 50 yesterday, mostly between 40 and 60. Then, about 10 hours before writing, it spiraled down towards the oversold zone.

另一方面，该项目的相对强弱指数（RSI）昨天在50值附近波动，大部分在40至60之间。然后，在撰写本文前约10小时，它螺旋式下降至超卖区域。

Since then, it has returned to fluctuations between 35 and 45 until it dropped to 30 four hours ago. Traders immediately reacted by buying the dip and pushing the RSI value back to 42. However, as bears still dominate the market, many used the opportunity to sell DOGE again.

此后又重新回到35至45之间波动，直至四小时前跌至30。交易员立即做出反应，逢低买入并将 RSI 值推回到 42。然而，由于空头仍然主导市场，许多人利用这个机会再次卖出 DOGE。

The RSI dropped back to 30, where it remains. This time, traders seem more hesitant to buy, likely waiting for Bitcoin to make the first move and indicate a recovery before purchasing DOGE.

RSI 回落至 30，并维持在该水平。这一次，交易员似乎更加犹豫购买，可能会等待比特币迈出第一步并表明复苏后再购买 DOGE。

This presents an opportunity for those looking to acquire DOGE at a lower price, as it is likely to rebound once market conditions improve.

这为那些希望以较低价格收购 DOGE 的人提供了机会，因为一旦市场状况改善，它可能会反弹。