Altcoin Red Alert: Dogecoin(DOGE) 및 Chainlink(LINK) 가격이 향후 몇 주 안에 20% 폭락할 수 있음이 Coinpedia Fintech News에 처음 등장했습니다.
The next fate of most altcoins is undeniably to be decided by the next major move of Bitcoin in the coming weeks. Currently holding above the support level of around $29.1k, Bitcoin price holds the key to the alt season materializing or not in the coming months.
From one perspective, the altcoin market could drop further in tandem with Bitcoin price if bearish sentiments prevail. From another viewpoint, the altcoin market could drop further if Bitcoin’s price suddenly moons. And lastly, the alt season could experience astronomical gains if the Bitcoin price and its dominance continue to drop in the coming weeks.
Altcoins Price Crash: DOGE and LINK Price Drop
Altcoins 가격 충돌: DOGE 및 LINK 가격 하락
$LINK has rejected from its Range High resistance— Rekt Capital (@rektcapital) August 4, 2023
Price is down -13% since then
But if #LINK were to drop into the Range Low support…
Price would need to drop an additional -20% to the downside#Crypto #Chainlink pic.twitter.com/GS3C2IYeiw$LINK는 Range High 저항을 거부했습니다. 가격은 그 이후로 -13% 하락했습니다. 그러나 #LINK가 Range Low 지원으로 떨어지면…가격은 단점에 대해 추가로 -20% 하락해야 합니다#Crypto #Chainlink pic.twitter.com /GS3C2IYeiw— Rekt Capital(@rektcapital) 2023년 8월 4일
According to Rekt Capital analyst, Chainlink (LINK), the price faces an additional 20 percent dip after to the range low support level after the asset was rejected at the range high resistance. With LINK price already down nearly 13 percent, the analyst is convinced a more bearish momentum will be registered in the coming weeks.
$DOGE has rejected from the Channel resistance and is now -6% since doing so#DOGE would need to drop -27% in total to drop into the Channel support#Crypto #Dogecoin pic.twitter.com/B8hZBnBxKF— Rekt Capital (@rektcapital) August 4, 2023
Similarly, the analyst expects the largest meme coin, Dogecoin (DOGE), to drop towards its lower range support level after a bullish breakout was rejected. In this regard, the analyst cautioned Dogecoin traders of a possible 27 percent drop in the coming weeks as the digital asset establishes a stable base. According to the latest crypto price oracles, DOGE traded around $0.074 on Friday, down approximately 6 percent in the past five days.
마찬가지로 분석가는 최대 규모의 밈 코인인 Dogecoin(DOGE)이 강세 돌파가 거부된 후 낮은 범위의 지원 수준으로 떨어질 것으로 예상합니다. 이와 관련하여 분석가는 디지털 자산이 안정적인 기반을 구축함에 따라 Dogecoin 거래자들에게 향후 몇 주 안에 27% 하락할 가능성이 있다고 경고했습니다. 최신 암호화폐 가격 오라클에 따르면 DOGE는 금요일에 약 0.074달러에 거래되었으며 지난 5일 동안 약 6% 하락했습니다.
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