Dogecoin Price Faces Selling Pressure

Dogecoin价格面对销售压力

Over the past 24 hours, the DOGE price has declined by approximately 8%, dipping slightly below the $0.30 range. This downturn has raised concerns among analysts.

在过去的24小时内，大约下降了约8％，略低于$ 0.30。这种低迷引起了分析师之间的关注。

DOGE Price Analysis

DOGE价格分析

Dogecoin's recent price action exhibits worrying patterns. The initial rally from late October to mid-November was marked by sharp increases and volatility. However, following its peak in late November, DOGE entered a consolidation phase with lower highs and lows.

Dogecoin最近的价格动作表现出令人担忧的模式。从10月下旬到11月中旬的最初集会以急剧的增加和波动为标志。但是，在11月下旬达到顶峰之后，Doge进入了一个较低和低点的合并阶段。

A concerning signal emerged with the MVRV Ratio falling below its 30-Day SMA, indicating a potential price correction. During the earlier rally, the MVRV Ratio remained above the 30-Day SMA, suggesting market bullishness. However, its decline signals weakening momentum.

MVRV比率低于其30天SMA的有关信号的出现，表明潜在的价格校正。在较早的集会期间，MVRV比率保持在30天的SMA之上，表明市场看涨。但是，其下降标志着势头减弱。

PEPE Comparison Warns of Further Downside

Pepe比较警告进一步的缺点

Comparison with PEPE's recent price action raises additional concerns. PEPE's chart shows a steep decline with consistently lower highs and lows, followed by a breakdown below mid-range, leading to a rapid descent.

与PEPE最近的价格行动进行比较引起了其他问题。佩佩（Pepe）的图表显示出急剧下降，高高和低点持续下降，随后中距离下方崩溃，导致快速下降。

DOGE appears to be mirroring this pattern, with lower highs and a potential breakdown below the $0.31 support level. If this support fails to hold, the downtrend may intensify, targeting the $0.20 range based on historical price action. The $0.34-$0.36 range currently acts as resistance, hindering recent recovery attempts.

Doge似乎正在反映这种模式，其高点较低，并且潜在的分解低于0.31美元的支持水平。如果这种支持无法持有，下降趋势可能会加剧，以历史价格行动为目标0.20美元。目前，$ 0.34- $ 0.36的范围是电阻，阻碍了最近的恢复尝试。

Technical Setup and Selling Pressure

技术设置和销售压力

The correlation between the DOGE and PEPE price patterns, combined with the bearish MVRV crossover, suggests increased selling pressure in the near term. This technical setup points to a heightened risk of further price declines.

总督和PEPE价格模式之间的相关性以及看跌MVRV跨界的相关性表明，近期销售压力增加。这种技术设置指出，进一步价格下降的风险增加。