,Dogecoin now finds its current price movement moving with a peculiar lack of action. In this case, the lack of action points to low volatility, especially in the last few days. Notably, on-chain data from IntoTheBlock has revealed that the crypto is now at its lowest point in the last 30 days.

狗狗币现在发现其当前的价格走势特别缺乏行动。在这种情况下，缺乏行动表明波动性较低，尤其是在过去几天。值得注意的是，IntoTheBlock 的链上数据显示，加密货币目前处于过去 30 天内的最低点。

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In the crypto world, low volatility typically means lower interest from short-term speculators and traders, which in turn could lead to DOGE trading in a sideways movement in the short term.

在加密货币世界中，低波动性通常意味着短期投机者和交易者的兴趣较低，这反过来可能导致 DOGE 交易在短期内横向波动。

Volatility Points To Stagnant Price Action

波动表明价格走势停滞

At the time of writing, DOGE is trading at $0.1430 and is down by 5.22% in the past 24 hours. This decline has seen the meme coin reversing some of its gains earlier in the week. Interestingly, this reversal and failure to keep up its price gains means DOGE has largely bounced between the upper end of $0.172 and the lower end of $0.12 since the middle of April.

截至撰写本文时，DOGE 的交易价格为 0.1430 美元，在过去 24 小时内下跌了 5.22%。这种下跌使得模因币扭转了本周早些时候的部分涨幅。有趣的是，这种逆转和未能保持价格上涨意味着自 4 月中旬以来 DOGE 基本上在 0.172 美元的上限和 0.12 美元的下限之间反弹。

According to the data from IntoTheBlock, this sideways movement can be attributed to a lack of volatility from the meme coin.  DOGE’s price action is primarily influenced by a limited number of factors, given its meme coin status and lack of a clearly defined real-world utility. One of these factors involves the movements of whales, while another is the increased demand fueled by trader hype. This surge in demand, in turn, leads to heightened volatility and a quick increase in prices. 

根据 IntoTheBlock 的数据，这种横盘走势可归因于 meme 币缺乏波动性。鉴于 DOGE 的模因币地位以及缺乏明确定义的现实世界效用，DOGE 的价格走势主要受到有限因素的影响。其中一个因素涉及鲸鱼的移动，另一个因素是贸易商炒作推动的需求增加。需求激增反过来导致波动加剧和价格快速上涨。

Dogecoin is now trading at $0.14. Chart: TradingView

狗狗币现交易价格为 0.14 美元。图表：TradingView

On the other hand, when a crypto like Dogecoin experiences a period of low volatility, it usually means the price isn’t moving up or down very much. In other words, the market has temporarily reached an equilibrium. During these lulls, the Dogecoin price tends to move sideways, trading within a narrow range. The low volatility indicates a lack of strong sentiment in either direction. Neither the bulls nor the bears have taken control, so the market is indecisive.

另一方面，当像狗狗币这样的加密货币经历一段低波动期时，通常意味着价格不会大幅上涨或下跌。换句话说，市场暂时达到了均衡。在这些间歇期，狗狗币的价格往往会横向波动，在窄幅区间内交易。低波动性表明任一方向都缺乏强烈的情绪。多头和空头都没有占据主导地位，因此市场犹豫不决。

What’s Next For DOGE?

DOGE 的下一步是什么？

At the time of writing, DOGE could continue trading around the $0.14 price level in the coming days. The crypto is also at risk of revising $0.12 at the downside if the $0.14 support level fails to hold. However, DOGE is still one of the largest cryptocurrencies by market cap, meaning this period of low volatility could end as soon as it began. 

截至撰写本文时，DOGE 可能会在未来几天继续在 0.14 美元的价格水平附近交易。如果未能守住 0.14 美元的支撑位，加密货币也面临下行修正 0.12 美元的风险。然而，DOGE 仍然是市值最大的加密货币之一，这意味着这段低波动时期可能一开始就结束。

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A factor that could return bullish momentum is the recent reports of Tesla adding Dogecoin as a payment method according to a FAQs section on the company’s official website.

根据该公司官方网站上的常见问题解答部分，最近有报道称特斯拉添加了狗狗币作为支付方式，这可能会恢复看涨势头。

The lackluster action presents a good opportunity for Dogecoin traders to load up their holdings while anticipating a price increase in the longer term. Featured image from Pinterest, chart from TradingView

低迷的走势为狗狗币交易者提供了一个增加持有量的好机会，同时预计长期价格会上涨。精选图片来自 Pinterest，图表来自 TradingView