(24-hour Dogecoin price trend)

（24小时狗狗币价格走势）

Dogecoin Price Analysis: Bearish Trend Continues

狗狗币价格分析：看跌趋势持续

As of October 20, 2024, 12:00 PM EDT, the latest price of Dogecoin (DOGE) is $0.14147705733364, with a 24-hour trading volume of $1,614,408,696.3044. The price of Dogecoin has declined by -2.60375073% in the last 24 hours, indicating a bearish trend.

截至2024年10月20日中午12点（美国东部时间），狗狗币（DOGE）最新价格为0.14147705733364美元，24小时交易量为1,614,408,696.3044美元。狗狗币的价格在过去24小时内下跌了-2.60375073%，表明看跌趋势。

Key Metrics:

关键指标：

• Bitcoin Circulation Supply: 146,440,206,383.71
• Dogecoin's Maximum Supply: Not Applicable
• Dogecoin's Total Supply: 146,440,206,383.71
• Dogecoin's Circulating Market Cap: $20,717,929,474.497

Technical Analysis:

比特币流通供应量：146,440,206,383.71狗狗币最大供应量：不适用狗狗币总供应量：146,440,206,383.71狗狗币流通市值：20,717,929,474.497美元技术分析：

The current price action suggests that Dogecoin is experiencing a downtrend. Technical indicators, such as the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD), indicate bearish momentum.

当前的价格走势表明狗狗币正在经历下跌趋势。相对强弱指数（RSI）和移动平均线收敛分歧（MACD）等技术指标表明看跌势头。

The RSI is hovering below the 50 level, suggesting that sellers are in control of the market. The MACD histogram is also negative, further confirming the bearish bias.

RSI 徘徊在 50 水平下方，表明卖家控制着市场。 MACD柱状图也为负值，进一步证实了看跌倾向。

Market Sentiment:

市场情绪：

Market sentiment towards Dogecoin is currently mixed. Some analysts believe that the recent decline is a buying opportunity, while others remain cautious. It is important for investors to conduct their own research and make informed decisions.

目前市场对狗狗币的情绪好坏参半。一些分析师认为近期的下跌是买入机会，而另一些分析师则保持谨慎。对于投资者来说，进行自己的研究并做出明智的决定非常重要。

Future Outlook:

未来展望：

The future outlook for Dogecoin remains uncertain. The coin's price is heavily influenced by market sentiment, social media hype, and the overall crypto market conditions.

狗狗币的未来前景仍然不确定。该代币的价格在很大程度上受到市场情绪、社交媒体炒作和整体加密货币市场状况的影响。

If the bearish trend continues, Dogecoin's price could fall further in the coming weeks. However, if the market sentiment turns positive, DOGE could potentially bounce back.

如果看跌趋势持续下去，狗狗币的价格可能在未来几周内进一步下跌。然而，如果市场情绪转好，DOGE 可能会反弹。

Disclaimer:

免责声明：

This analysis is for informational purposes only and should not be construed as financial advice. It is essential for investors to do their own research and consult with financial professionals before making any investment decisions.

此分析仅供参考，不应被视为财务建议。投资者在做出任何投资决定之前，必须自行研究并咨询金融专业人士。