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·马斯克（Elon Musk）从唐纳德·特朗普（Donald Trump）退出政府后，今天的狗狗价格下跌了8％。 Memecoin的盘中交易量为23.3亿美元，变化52.31％。但是从积极的一面来看，这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.

由于本月，Memecoin市场在本月进行了强烈的看涨行动，因此，了解Doge Price行动已成为标准。值得注意的是，这一细分市场的投资组合将大约15％的人从561.8亿美元增加到625.8亿美元。

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.

由于本月，Memecoin市场在本月进行了强烈的看涨行动，因此，了解Doge Price行动已成为标准。值得注意的是，这一细分市场的投资组合将大约15％的人从561.8亿美元增加到625.8亿美元。

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

此后，在此期间，顶级模因硬币显示出混合的价格行动。

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，随着唐纳德·特朗普（Donald Trump）政府的埃隆·马斯克（Elon Musk）退出，今天的狗狗价格跌幅约8％，盘中交易量为23.3亿美元，变化为52.31％。但是，从积极的一面来看，这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.

由于最大的纪念因素在$ 0.20的范围内悬挂在螺纹上，Doge Crypto Price Record是否会有强烈的看涨逆转并在这个Altcoin季节形成抛物线质上升？现在让我们找出下个月的市场分析和可能的Doge价格预测。

DOGE On-chain Price Analysis

DOGE链价格分析

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硬币的波动率从5月1日的0.902增加到今天的1.15。价格波动的提高理想地表明，市场上代币的买卖压力增加。

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，根据市值，最大的纪念因素的开放利益从15.6亿增加到20.9亿，在短短30天内的显着增长了33.98％。评估链上数据，可以注意到该模因硬币的堆叠中的巨大尖峰。

Dogecoin Price Witnesses a Strong Bearish Reversal?

Dogecoin Price见证了看跌强烈的逆转？

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.

在展示了大约3周的侧向动作之后，Doge的价格记录了看跌行动的增加，导致它连续3天经历了负面动作。在此期间，模因硬币价格下跌了11％以上，表明流出压力增加。

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.

移动平均收敛差异（MACD）指示器在每日时间范围内见证了红色直方图的稳定上升。此外，12天和26天的EMA见证了Doge Coin价格表的显着下降，这表明在潜在回调之前进行了短暂的校正。

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.

简单的移动平均线（SMA）目睹了价格图中的看跌融合，并在第一时间范围内充当了对其的阻力。这表明下周最大的模因硬币的前景是负面的。

Will DOGE Memecoin Rise Again?

Doge Memecoin会再次上升吗？

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.

维持高于0.20美元的价值可能会为Dogecoin价格设定阶段，以重新测试其0.243美元的阻力水平。如果看涨的情绪在那时维持，这可能会导致其在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，如果看跌的情绪加剧，Dogecoin Crypto可能会降至其0.18美元的水平。考虑到那时公牛是否没有恢复，道门人的模因硬币价格可能会在随后的时间降低其较低的支撑区为0.16美元。