Dogecoin's Recent Price Crash and the Looming Death Cross

Dogecoin最近的价格崩溃和迫在眉睫的死亡十字架

Dogecoin (DOGE) has experienced a significant price decline in recent months, reaching a low of $0.019 on Sunday—its lowest point since November 7, 2023. This represents a drop of over 60% from its November high.

Dogecoin（Doge）最近几个月的价格大幅下降，至2023年11月7日以来的最低点，达到了0.019美元的低点。这比11月的高点下降了60％以上。

This downturn mirrors the performance of other meme coins, with popular tokens like Shiba Inu, Pepe, and Dogwifhat also experiencing declines of over 50%.

这种低迷反映了其他模因硬币的性能，诸如shiba inu，pepe和dogwifhat等流行的令牌也降低了50％以上。

Elon Musk's influence, a key factor in Dogecoin's past success, has also come under pressure. Reports indicate a substantial decrease in his net worth, impacting investor sentiment.

埃隆·马斯克（Elon Musk）的影响力是狗狗币过去成功的关键因素，也受到压力。 报告表明，他的净资产大幅下降，影响了投资者的情绪。

Further complicating the situation are reports of increasing tensions between Elon Musk and Donald Trump. News outlets suggest friction between Musk and cabinet officials, potentially leading to Musk's departure from a government position. Kalshi data suggests a 54% probability of this departure before July 2026.

局势进一步使情况变得更加复杂的是，埃隆·马斯克（Elon Musk）和唐纳德·特朗普（Donald Trump）之间紧张局势加剧的报道。 新闻媒体暗示马斯克和内阁官员之间的摩擦，可能导致马斯克离开政府职位。 Kalshi数据表明，在2026年7月之前，此次出发的可能性为54％。

Dogecoin's popularity surge in 2021 was largely attributed to Musk's endorsements. His potential departure from his government role could negatively impact Dogecoin's price.

Dogecoin在2021年的流行激增主要归因于马斯克的认可。 他潜在的偏离政府角色可能会对多霉素的价格产生负面影响。

Dogecoin Price Analysis

Dogecoin价格分析

[Image: DOGE price chart | Source: crypto.news]

[图片：总督价格图|资料来源：crypto.news]

The daily chart indicates a sustained downtrend, with investors remaining cautious. A death cross pattern—where the 50-day and 200-day Exponential Moving Averages intersect—is imminent. Historically, this pattern has preceded significant price drops (e.g., a 40% drop in July 2024).

每日图表表明持续的下降趋势，投资者保持谨慎。 迫在眉睫的50天和200天指数移动相交的死亡交叉模式即将相交。 从历史上看，这种模式在价格下降之前已经大幅下降（例如，2024年7月下降了40％）。

DOGE has fallen below the 61.8% Fibonacci Retracement level at $0.2360, suggesting bearish momentum. The MACD and Relative Strength Index also point to continued downward pressure. The next key support level is $0.1680 (78.6% retracement). A break below this could trigger a further decline to $0.08, representing a 60% drop from the current price.

Doge跌至61.8％的斐波那契回替型水平为0.2360美元，这表明看跌势头。 MACD和相对强度指数也指向持续向下压力。 下一个键支持水平为$ 0.1680（回回接回收）。 低于此的休息可能会导致进一步下降至0.08美元，这比目前的价格下降了60％。