The post Crypto Market Analysis: Shiba Inu (SHIB) And Dogecoin (DOGE) Prices Decline Following Selling Pressure At Key Resistance  appeared first on Coinpedia Fintech News

加密貨幣市場分析後：柴犬 (SHIB) 和狗狗幣 (DOGE) 價格在關鍵阻力位出現拋售壓力後下跌首先出現在 Coinpedia 金融科技新聞

Recently, BTC’s price encountered resistance at $28.5K, taking a dip towards the pivotal $28K mark. Similarly, the meme coin sector is experiencing challenges. Top meme coins, Dogecoin and Shiba Inu are currently experiencing slight declines near their resistance points as sellers find opportunities from price spikes. 

最近，BTC 的價格在 28.5 萬美元處遇到阻力，跌向關鍵的 2.8 萬美元大關。同樣，模因幣產業也面臨挑戰。隨著賣家從價格飆升中尋找機會，頂級模因幣、狗狗幣和柴犬目前在其阻力點附近經歷小幅下跌。

Sellers Prepare For A Downward Correction

賣家為下行修正做好準備

Over the past 24 hours, Dogecoin and Shiba Inu have showcased strong performance. With traders turning their attention to meme coins after Bitcoin’s surge past $28K, the market’s trading volume has notably increased. However, the buying pressure was short-lived as data from Coinglass indicates that Dogecoin saw long positions worth $400K being liquidated, while SHIB experienced a $35K long-liquidation. This implies that investors are cashing in on the gains from the recent upswing. 

過去24小時，狗狗幣和柴犬表現強勁。在比特幣飆升至 2.8 萬美元以上後，交易者將注意力轉向迷因幣，市場交易量顯著增加。然而，購買壓力是短暫的，因為 Coinglass 的數據顯示，狗狗幣的多頭部位價值 40 萬美元被清算，而 SHIB 則經歷了 3.5 萬美元的多頭部位清算。這意味著投資者正在從近期上漲中獲利。

Dogecoin (DOGE) Price Analysis

狗狗幣 (DOGE) 價格分析

In recent hours, Dogecoin’s price movement has become bearish as it failed to surge above the level of $0.065. As a result, sellers opened short positions, and the DOGE price is now on a downward correction, hovering around the EMA20 trend line. As of writing, DOGE price trades at $0.0626, surging over 1.09% in the last 24 hours. 

最近幾個小時，狗狗幣的價格走勢變得看跌，因為它未能突破 0.065 美元的水平。因此，賣家開設空頭頭寸，DOGE 價格目前處於向下調整狀態，徘徊在 EMA20 趨勢線附近。截至撰寫本文時，DOGE 價格交易價格為 0.0626 美元，在過去 24 小時內飆升超過 1.09%。

The 20-day EMA stands at $0.062 and appears to be leveling off, while the RSI has declined and hovers just above the midpoint, signifying an equilibrium between buyers and sellers. A strong rebound by buyers above the 20-day EMA could mark the beginning of a renewed momentum, with the DOGE price possibly targeting the immediate resistance of $0.065 and then aiming for $0.07.

20 日均線位於 0.062 美元，似乎正在趨於平穩，而 RSI 已下降並徘徊在中點上方，表明買家和賣家之間處於平衡狀態。買家在 20 日均線上方強勁反彈可能標誌著新勢頭的開始，DOGE 價格可能會瞄準 0.065 美元的直接阻力位，然後瞄準 0.07 美元。

Conversely, to counter this upward trajectory, bears would need to pull the price below $0.059 quickly. If they succeed, the meme coin might descend to the next significant support level at $0.055.

相反，為了對抗這種上漲趨勢，空頭需要迅速將價格拉至 0.059 美元以下。如果他們成功，Meme 幣可能會跌至下一個重要支撐位 0.055 美元。

Shiba Inu (SHIB) Price Analysis

柴犬 (SHIB) 價格分析

SHIB price witnessed robust purchases today as the price reached a high of $0.0000076. However, bears soon made their entry to plunge the meme coin. As a result, the SHIB price declined below the 23.6% Fib channel and reached the bottom of EMA100 to initiate a minor rebound. This suggests that buyers are capitalizing on price dips. Currently, SHIB price is trading at $0.00000742, surging over 0.55% from yesterday’s rate. 

今天，SHIB 價格出現了強勁的買盤，價格達到了 0.0000076 美元的高點。然而，空頭很快就介入，導致模因幣暴跌。因此，SHIB 價格跌破 23.6% Fib 通道，並觸及 EMA100 底部，開始小幅反彈。這表明買家正在利用價格下跌的機會。目前，SHIB 價格為 0.00000742 美元，較昨日上漲 0.55% 以上。

The extended wicks on the candlesticks indicate bearish selling around the 38.2% Fibonacci retracement mark of $0.0000076. However, on the bullish side, the price is holding above the immediate support level. 

燭台上延伸的影線顯示在 38.2% 斐波那契回檔位 0.0000076 美元附近出現看跌拋售。然而，從看漲的角度來看，價格保持在即時支撐位之上。

For a further upward trajectory, buyers need to send the price beyond the crucial price level of $0.0000078, paving the way for a potential retest of the resistance at $0.0000085. 

為了進一步上漲，買家需要將價格推至 0.0000078 美元的關鍵價格水平之上，為可能重新測試 0.0000085 美元的阻力位鋪平道路。

The RSI level has declined from its overbought region, and it currently holds momentum above the midline at 50, suggesting a rebound for the SHIB price. If SHIB’s price declines and fails to rebound from $0.0000071, it will trigger an intense bearish rally, touching the ground at $0.0000064. 

RSI 水平已從超買區域下降，目前保持在中線 50 上方的勢頭，表明 SHIB 價格反彈。如果SHIB價格下跌且未能從0.0000071美元反彈，將引發強烈的看跌反彈，觸及0.0000064美元。