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Binance, the world's largest cryptocurrency exchange, is seeing significant Dogecoin (DOGE) trading activity. The meme coin's 24-hour trading volume on the exchange surged 12%, reaching a substantial 648,235,545 DOGE.
Binance是世界上最大的加密貨幣交易所,正在看到大量的Dogecoin(Doge)交易活動。 Meme Coin在交易所的24小時交易量增加了12%,達到了648,235,545個Doge。
DOGE Rebounds from Recent Lows
從最近的低點籃板
CoinMarketCap data indicates this increased interest coincides with DOGE's climb from the $0.17 support level. Dogecoin experienced considerable volatility over the past week, dipping as low as $0.1455. However, DOGE has since recovered significantly and appears poised for a potential rally. The token is nearing key resistance levels that, historically, have preceded price breakouts.
CoinMarketCap數據表明,這一增加的興趣與Doge的攀升水平從0.17美元的支持水平相吻合。 在過去一周中,Dogecoin經歷了相當大的波動性,低至$ 0.1455。 但是,多奇自那以後恢復了顯著,並且似乎有望參加潛在的集會。 該令牌即將接近關鍵阻力水平,從歷史上看,價格突破了。
Some analysts interpret this activity as an accumulation phase for DOGE, suggesting a "buy opportunity" before a potential price surge. This could explain the high trading volume observed on Binance.
一些分析師將這項活動解釋為Doge的累積階段,這表明在潛在價格上漲之前有“購買機會”。這可以解釋在二元上觀察到的高交易量。
According to CoinMarketCap, DOGE was trading at $0.1747, a 2.71% increase in the last 24 hours. While still approximately 31% below its 30-day high of $0.2563, analysts remain optimistic. They predict that if DOGE maintains its support and reaches $0.20, a rally to $2.70 could follow.
根據CoinMarketCap的數據,Doge的交易價格為0.1747美元,在過去24小時內增長了2.71%。雖然仍然低於其30天高點0.2563的31%,但分析師仍然樂觀。 他們預測,如果Doge維持其支持並達到0.20美元,則會隨後達到2.70美元。
Is the Binance Trading Surge a Buy Signal?
Binance Trading Sughs subry a Buy信號嗎?
This bullish outlook is based on DOGE's average price performance over the past 11 years. While March saw less than 0.5% growth, April historically followed with a significant 68.2% spike, according to Cryptorank. This historical trend might be driving the current activity.
這種看漲的前景是基於Doge在過去11年中的平均價格表現。 據Cryptorank稱,三月的增長率不到0.5%,而4月的增長率不到68.2%。 這種歷史趨勢可能正在推動當前活動。
Market analysts suggest the intense trading on Binance could be fueled by this historical data. Traders may be capitalizing on the current low price, accumulating DOGE in anticipation of a potential price rally in April, mirroring past market cycles. Read the original article on U.Today
市場分析師認為,這種歷史數據可以推動有關二手持續交易的強烈交易。 貿易商可能會利用當前的低價,因為預期4月份的潛在價格集會而累積了門檻,這反映了過去的市場週期。 閱讀有關U.Today的原始文章