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Inspired by memes, the popular cryptocurrency Dogecoin (DOGE) recently saw its price rise above $0.16, but it is currently struggling with significant losses. However, crypto analysts remain optimistic about DOGE’s future trajectory. A popular crypto analyst, Ali Martinez, expects the Dogecoin price to double in the current cycle.
受迷因的啟發,受歡迎的加密貨幣狗狗幣(DOGE)最近價格上漲至 0.16 美元以上,但目前正面臨重大損失。然而,加密貨幣分析師對 DOGE 的未來軌跡仍持樂觀態度。受歡迎的加密貨幣分析師阿里馬丁內斯 (Ali Martinez) 預計狗狗幣的價格將在當前週期中翻倍。
DOGE Price Prediction
Ali Martinez stated that today DOGE seems to face significant resistance between $0.166 and $0.171. Moreover, this resistance indicates that 75,500 addresses have purchased nearly 10 billion DOGE at this price level. According to Martinez’s analysis, this presents a significant barrier to upward price movement.
On the other hand, his analysis reveals that if Dogecoin breaks through the observed resistance level, it has the potential for a significant rally. Martinez appears to expect a 100% rally in Dogecoin’s price. Additionally, Martinez highlighted the next significant resistance level at the $0.322 region.
This means that if DOGE surpasses the $0.171 level, it could potentially double in value. Furthermore, the large accumulation of DOGE in the $0.166 to $0.171 range indicates a significant number of investors, strong interest, and investments, emphasizing the importance of this level.
It is also important to remember that DOGE is supported by Elon Musk, who has made numerous statements about DOGE, known as the pinnacle of Meme Coins.
DOGE 價格預測Ali Martinez 表示,今天 DOGE 似乎面臨 0.166 美元至 0.171 美元之間的重大阻力。而且,這種阻力顯示75,500個地址在這個價格水準上購買了近100億個DOGE。根據馬丁內斯的分析,這對價格上漲 另一方面構成了重大障礙。馬丁內斯似乎預計狗狗幣的價格將上漲 100%。此外,馬丁內斯強調了 0.322 美元區域的下一個重要阻力位。此外,DOGE 在0.166 美元至0.171 美元範圍內的大量積累表明有大量投資者、濃厚的興趣和投資,強調了該水平的重要性。 (Elon Musk) 的支持,他使關於 DOGE 的眾多說法,被譽為 Meme 幣的巔峰之作。
DOGE Price Declines
Despite the rising interest in meme coins, Dogecoin continues to trade in negative territory. As of the time of writing, DOGE is trading at around $0.1619 after a 4.71% drop on Tuesday, May 28.
Following this price movement, DOGE‘s market cap remained above $23.5 billion. Additionally, DOGE’s trading volume rose to $1.42 billion after an 8.62% increase in the last 24 hours.
According to Coinglass data, a total of $2.15 million in Dogecoin long positions were liquidated. Furthermore, DOGE futures open positions saw a 4.17% decline, falling to $1.01 billion.
The Relative Strength Index (RSI) value for Dogecoin dropped to 38.79. This indicates that sellers are increasingly gaining control over DOGE.
The post first appeared on COINTURK NEWS: Analyst Predicts Dogecoin Price Surge
狗狗幣價格下跌儘管人們對迷因幣的興趣不斷增加,但狗狗幣的交易價格仍然為負。截至本文撰寫時,DOGE 的交易價格約為 0.1619 美元,5 月 28 日星期二下跌 4.71%。此外,DOGE的交易量在過去24小時內成長了8.62%,升至14.2億美元。此外,DOGE 期貨未平倉部位下跌 4.17%,跌至 10.1 億美元。這表明賣家越來越多地獲得了 DOGE 的控制權。