You can also read this news on BH NEWS: Analysts Predict Sharp Swings for Dogecoin as Interest Rises
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Dogecoin, the well-known meme-inspired cryptocurrency, has recently experienced a decline, dropping below $0.079. Ali Martinez, a seasoned crypto analyst, has issued an alert for potential heightened volatility in DOGE’s price, which may result in significant market fluctuations.
狗狗幣是一種著名的迷因加密貨幣,最近經歷了下跌,跌破 0.079 美元。經驗豐富的加密貨幣分析師 Ali Martinez 就 DOGE 價格潛在波動性加大發出警告,這可能會導致市場大幅波動。
Dogecoin’s Volatility on Analysts’ Radar
分析師關注的狗狗幣波動性
Martinez broadcasted his prediction on Twitter, pointing to the constricted Bollinger Bands in a 4-hour chart as a precursor to potential price turbulence. This technical indicator, which measures market volatility and price trends, has narrowed to a squeeze not seen since October 2023, hinting at an impending volatile movement for Dogecoin.
馬丁內斯在 Twitter 上公佈了他的預測,指出 4 小時圖表中布林線收窄是潛在價格動蕩的先兆。這項衡量市場波動性和價格趨勢的技術指標已收窄至 2023 年 10 月以來未見的緊縮狀態,暗示狗狗幣即將出現波動。
Market Movements and Potential Upswing
市場走勢和潛在上漲
Despite the recent price slip, DOGE’s open interest—a measure of market activity—has seen an uptick of 2.47% in the last day, reaching over $432 million. This growing interest contrasts the heavy liquidation of long positions, amounting to approximately $653,000, which some experts believe contributed to Dogecoin’s price dip.
儘管最近價格下跌,但 DOGE 的未平倉部位(衡量市場活動的指標)在最後一天上漲了 2.47%,達到超過 4.32 億美元。這種不斷增長的興趣與多頭頭寸的大量清算形成鮮明對比,清算金額約為 653,000 美元,一些專家認為這是導致狗狗幣價格下跌的原因。
As investors continue to engage with Dogecoin through derivatives, the altcoin’s immediate trajectory suggests a downward trend with a marginal 0.10% decrease in value over the past day. Nevertheless, another analyst, Crypto Patel, remains optimistic, projecting a potential future surge to a $3 price point during the current bull run, given a strong upward move from the $0.11 level.
隨著投資者繼續透過衍生性商品參與狗狗幣,該山寨幣的直接走勢顯示其呈下降趨勢,過去一天其價值小幅下跌 0.10%。儘管如此,另一位分析師 Crypto Patel 仍保持樂觀,他預計,鑑於 0.11 美元的強勁上漲,在當前牛市期間,未來價格可能飆升至 3 美元。
Patel also sets a more conservative target of $1, conditional upon a robust breakout. This outlook stems from pattern analysis and the historical performance of Dogecoin, which previously yielded a 268-fold return in its last major bull run. The anticipation of such a significant price increase reflects both the speculative nature of cryptocurrency markets and the impact of investor sentiment on meme coins like Dogecoin.
帕特爾還設定了更保守的目標 1 美元,條件是強勁突破。這一前景源於模式分析和狗狗幣的歷史表現,這隻狗幣此前在上一次主要牛市中獲得了 268 倍的回報。對如此大幅價格上漲的預期反映了加密貨幣市場的投機性質以及投資者情緒對狗狗幣等迷因幣的影響。
The post first appeared on BH NEWS: Analysts Predict Sharp Swings for Dogecoin as Interest Rises
該貼文首次出現在 BH NEWS:分析師預測隨著興趣上升,狗狗幣將大幅波動