The crypto market saw some profit-taking after a stellar week, with major coins, including Dogecoin (CRYPTO: DOGE), plunging by more than 7% on Friday. Bitcoin’s (CRYPTO: BTC) price saw a sharp drop from a high of $111,200 to just over $107,000 on Friday as investors digested macroeconomic concerns.

加密貨幣市場經過一周出色的一周，有一些盈利，其中包括Dogecoin（Crypto：Doge）在內的主要硬幣，週五跌幅超過7％。隨著投資者消化了宏觀經濟問題，比特幣（Crypto：BTC）價格從111,200美元的高價下降到剛好超過107,000美元。

Dogecoin mirrored Bitcoin’s price action, reaching a high of $0.254 on Friday following three days of increases before plunging to a low of $0.223.

Dogecoin反映了比特幣的價格行動，在增加了三天的增長之前，週五達到了0.254美元，然後跌至低至0.223美元。

The meme coin, which is widely followed by retail traders, saw some stellar gains earlier in May, especially after reports that Elon Musk is planning to add a Dogecoin payment option for Tesla (NASDAQ:TSLA) products in the U.S. later this year.

零售商廣泛隨後的模因硬幣在5月初看到了一些出色的收益，特別是在有報導稱埃隆·馬斯克（Elon Musk）計劃在今年晚些時候為特斯拉（NASDAQ：TSLA）產品增加Dogecoin付款方式。

According to Glassnode, while speculative appetite is surprisingly subdued among the top 10 coins, the Dogecoin funding rate is slightly above neutral. A sustained positive or negative funding rate can be a signal of excessive bullish or bearish speculation.

根據GlassNode的說法，雖然投機性食慾令人驚訝地柔和了前10個硬幣，但Dogecoin資金率略高於中性。持續的正或負資金率可能是過度看漲或看跌的信號。

Dogecoin Price Prediction: What’s Next?

Dogecoin價格預測：下一步是什麼？

At the time of writing, Dogecoin was down 2.74% in the last 24 hours to $0.2278, but up 7.23% weekly.

在撰寫本文時，Dogecoin在過去24小時內下跌了2.74％，至0.2278美元，但每週增長7.23％。

Dogecoin is seen consolidating between $0.21 and $0.259 following a huge rise earlier in May. The daily RSI is also seen to be well above the 50 midpoint, presenting a slight edge to the bulls.

在5月初大幅上升之後，Dogecoin的合併在0.21至0.259美元之間。每日RSI也被認為遠高於50個中點，對公牛呈略微邊緣。

This optimistic view will be invalidated if the Dogecoin price turns down and breaks below $0.21. That suggests a likely range-bound action between $0.14 and $0.26.

如果Dogecoin價格降低並違反0.21美元，這種樂觀的視野將無效。這表明可能有範圍的行動在0.14美元至0.26美元之間。

As stated, the $0.21 level remains an important support to keep in mind. If Dogecoin manages to stay above this level, the chances of it breaking above $0.26 become higher. If that happens, Dogecoin might continue to rally further towards $0.35. There is an immediate resistance at $0.29, which is likely to be encountered by the bulls.

如前所述，$ 0.21的水平仍然是要記住的重要支持。如果Dogecoin設法保持超過此水平，則其打破$ 0.26的機會將變得更高。如果發生這種情況，Dogecoin可能會繼續向$ 0.35進行集會。立即有0.29美元的電阻，公牛可能會遇到這一阻力。