Cover image via U.Today

通過U.Today掩護圖像

Dogecoin stands at a critical juncture, facing bearish indicators that suggest further price declines. The lack of strong buying pressure indicates a less-than-likely rapid recovery, contrary to some expectations. However, the situation isn't entirely bleak.

Dogecoin站在一個關鍵時刻，面對看跌指標，這表明價格進一步下降。 缺乏強大的購買壓力表明，與某些期望相反，恢復的速度不那麼快。但是，情況並不完全是慘淡的。

Recent price action, characterized by lower highs and weaker rebounds, shows a persistent downtrend since its peak above $0.40. Dogecoin is currently battling to hold above key support levels, with $0.19 acting as a crucial threshold. Should this level be breached, losses could accelerate, potentially pushing DOGE towards $0.17 or lower. Resistance sits at $0.25, currently coinciding with the 50-day Exponential Moving Average (EMA). Bulls need to push DOGE above this level and sustain the momentum to slow the decline.

最近的價格動作以較低的高位和較弱的籃板為特徵，自峰值高於0.40美元以來，其價格持續下降趨勢。 Dogecoin目前正在戰鬥以高於關鍵支撐水平，0.19美元是至關重要的閾值。

Despite this, a breakout remains unlikely given the current weakness, absent a significant shift in market sentiment. A "death cross," where a shorter-term moving average (like the 50-day EMA) crosses below a longer-term moving average (like the 100-day EMA), is a strong bearish signal, indicating waning momentum and potential further downside. While not yet confirmed for DOGE, the narrowing gap between these EMAs suggests it's imminent. Historically, death crosses have preceded significant price drops, especially in weak markets.

儘管如此，鑑於當前的弱點，突破仍然不太可能，沒有市場情緒的重大轉變。 一個“死亡十字架”，即較短的移動平均線（如50天EMA）橫穿長期移動平均線（如100天EMA），是一個強烈的看跌信號，表明勢頭減弱，潛在的下降。雖然尚未確認為Doge，但這些EMA之間的狹窄差距表明它即將來臨。從歷史上看，死亡十字架的價格下降了大幅下降，尤其是在薄弱的市場中。

Confirmation of this death cross could lead to an extended period of bearishness and further declines towards lower support levels.

確認這一死亡十字架可能會導致較長的看跌期權，並進一步下降到較低的支持水平。

Dogecoin's prospects? While a reversal is still possible, the impending death cross significantly increases the risk. Technical indicators suggest Dogecoin may face further downward pressure in the coming weeks unless bulls swiftly reclaim higher resistance levels. Traders should closely monitor the crossing of the 50-day and 100-day EMAs, as it could significantly impact DOGE's immediate future. Read the original article on U.Today

Dogecoin的前景？儘管仍然有可能逆轉，但即將發生的死亡交叉大大增加了風險。技術指標表明，除非公牛迅速收回較高的阻力水平，否則在接下來的幾週內，狗狗幣可能會面臨進一步的向下壓力。 貿易商應密切監視50天和100天EMA的穿越，因為這可能會對Doge的不久的未來產生重大影響。 閱讀有關U.Today的原始文章