Dogecoin price today has dropped by 8% after Elon Musk’s exit from Donald Trump’s administration was announced. The memecoin has an intraday trading volume of $2.33 billion, a change of 52.31%. But on the positive side, this memecoin has added a strong 15% to its valuation this month.

伊隆·馬斯克（Elon Musk）從唐納德·特朗普（Donald Trump）退出政府後，今天的狗狗價格下跌了8％。 Memecoin的盤中交易量為23.3億美元，變化52.31％。但是從積極的一面來看，這一模因本月的估值增加了15％。

As the memecoin market has experienced a strong bullish action this month taking a look on Doge price action has become a standard. Notably, this segment has added approximately 15% in its portfolio to $62.58 billion from $56.18 billion.

由於本月，Memecoin市場在本月進行了強烈的看漲行動，因此，了解Doge Price行動已成為標準。值得注意的是，這一細分市場的投資組合將大約15％的人從561.8億美元增加到625.8億美元。

As the memecoin market has experienced a strong bullish action this month taking a look on Doge price action has become a standard. Notably, this segment has added approximately 15% in its portfolio to $62.58 billion from $56.18 billion.

由於本月，Memecoin市場在本月進行了強烈的看漲行動，因此，了解Doge Price行動已成為標準。值得注意的是，這一細分市場的投資組合將大約15％的人從561.8億美元增加到625.8億美元。

Following this, the top meme coins have displayed a mixed price action during this period.

此後，在此期間，頂級模因硬幣顯示出混合的價格行動。

However, with the exit of Elon Musk from Donald Trump’s administration, the Dogecoin price today has crashed by approximately 8% with an intraday trading volume of $2.33 billion, a change of 52.31%. But looking at the positive side, this memecoin has added a strong 15% to its valuation this month.

但是，隨著唐納德·特朗普（Donald Trump）政府的埃隆·馬斯克（Elon Musk）退出，今天的狗狗價格跌幅約8％，盤中交易量為23.3億美元，變化為52.31％。但是，從積極的一面來看，這一模因本月的估值增加了15％。

With the largest memecoin hanging by a thread around the $0.20 mark, will the DOGE crypto price record a strong bullish reversal and form a parabolic rise this altcoin season? Let us now find out the market analysis and possible DOGE price prediction for next month.

由於最大的紀念因素在$ 0.20的範圍內懸掛在螺紋上，Doge Crypto Price Record是否會有強烈的看漲逆轉並在這個Altcoin季節形成拋物線質上升？現在讓我們找出下個月的市場分析和可能的Doge價格預測。

DOGE On-chain Price Analysis

DOGE鏈價格分析

The volatility of Doge coin has increased to 1.15 today from 0.902 on the 1st of May. increased price volatility ideally indicates increased buying and selling pressure for a token in the market.

Doge硬幣的波動率從5月1日的0.902增加到今天的1.15。價格波動的提高理想地表明，市場上代幣的買賣壓力增加。

Adding to this, the Open interest of the largest memecoin by market capitalization has increased from 1.56 billion to 2.09 billion, a significant jump of 33.98% in a span of just 30 days. Evaluating the on-chain data, a massive spike in the stacking of this meme coin can be noticed.

除此之外，根據市值，最大的紀念因素的開放利益從15.6億增加到20.9億，在短短30天內的顯著增長了33.98％。評估鏈上數據，可以注意到該模因硬幣的堆疊中的巨大尖峰。

Dogecoin Price Witnesses a Strong Bearish Reversal?

Dogecoin Price見證了看跌強烈的逆轉？

After displaying a sideways action for about 3 weeks, the DOGE price has recorded increased bearish action, resulting in it experiencing a negative action for 3 consecutive days. During this period, the meme coin price has dropped by over 11%, indicating increased outflow pressure.

在展示了大約3週的側向動作之後，Doge的價格記錄了看跌行動的增加，導致它連續3天經歷了負面動作。在此期間，模因硬幣價格下跌了11％以上，表明流出壓力增加。

The Moving Average Convergence Divergence (MACD) indicator witnesses a steady rise in the red histogram in the daily time frame. Moreover, the 12 & 26-day EMA witnessed a significant drop in the Doge coin price chart, suggesting a high possibility of a short correction before a potential pullback.

移動平均收斂差異（MACD）指示器在每日時間範圍內見證了紅色直方圖的穩定上升。此外，12天和26天的EMA見證了Doge Coin價格表的顯著下降，這表明在潛在回調之前進行了短暫的校正。

The Simple Moving Average (SMA) has witnessed a bearish convergence in the price chart and acts as a resistance to it in the 1D time frame. This suggests a negative outlook for the largest meme coin next week.

簡單的移動平均線（SMA）目睹了價格圖中的看跌融合，並在第一時間範圍內充當了對其的阻力。這表明下週最大的模因硬幣的前景是負面的。

Will DOGE Memecoin Rise Again?

Doge Memecoin會再次上升嗎？

Maintaining the value above the $0.20 mark could set the stage for Dogecoin price to retest its resistance level of $0.243. If the bullish sentiment sustains at that point, this may result in it heading toward its upper resistance level of $0.286 during the month of June.

維持高於0.20美元的價值可能會為Dogecoin價格設定階段，以重新測試其0.243美元的阻力水平。如果看漲的情緒在那時維持，這可能會導致其在6月份的上限$ 0.286的上限水平。

However, if the bearish sentiment intensifies, the Dogecoin crypto could drop toward its $0.18 level. Considering if the bulls fail to regain at that point, the DOGE meme coin price could plunge toward its lower support zone of $0.16 in the upcoming time.

但是，如果看跌的情緒加劇，Dogecoin Crypto可能會降至其0.18美元的水平。考慮到那時公牛是否沒有恢復，道門人的模因硬幣價格可能會在隨後的時間降低其較低的支撐區為0.16美元。