While most of the altcoin market is showing good recovery, the world’s largest memecoin – Dogecoin (DOGE) – is facing strong selling pressure. As of press time, the Dogecoin (DOGE) price is down by over 4% trading at $0.095 and losing its ninth spot to Avalanche (AVAX).

雖然大多數山寨幣市場都表現出良好的復甦，但世界上最大的迷因幣——狗狗幣（DOGE）——卻面臨強大的拋售壓力。截至發稿時，狗狗幣 (DOGE) 價格下跌超過 4%，交易至 0.095 美元，第九位被 Avalanche (AVAX) 奪走。

Key Support Levels to Watch for Dogecoin

狗狗幣值得關注的關鍵支撐位

Cryptocurrency analyst Ali Martinez has reported that the TD Sequential indicator has issued a sell signal on the weekly chart for Dogecoin ($DOGE). This development coincides with Dogecoin encountering a significant resistance level that has previously hindered its upward movements.

加密貨幣分析師 Ali Martinez 報告稱，TD 順序指標已在狗狗幣 ($DOGE) 的周線圖上發出賣出訊號。這一發展恰逢狗狗幣遇到了先前阻礙其上漲的重大阻力位。

In the event of a correction, Martinez suggests potential price declines to the range of $0.085 to $0.078. However, a bullish scenario could unfold if Dogecoin manages to surpass the $0.11 mark, effectively negating the bearish outlook.

如果出現調整，馬丁內斯建議價格可能下跌至 0.085 美元至 0.078 美元的範圍。然而，如果狗狗幣成功突破 0.11 美元大關，看漲前景可能會出現，有效否定看跌前景。

The $0.0959 level holds significant importance for Dogecoin ($DOGE), historically serving as a resistant barrier that the meme coin struggled to breach for nearly 11 months until achieving a breakthrough in the past week.

0.0959 美元的水平對於狗狗幣 ($DOGE) 來說非常重要，歷史上一直是模因幣在近 11 個月裡努力突破的阻力屏障，直到上週實現突破。

Following this recent breakthrough, Dogecoin’s price is now vulnerable to potential further declines, risking the loss of support at $0.0900. The subsequent critical support is at $0.0840, and a breach could lead to an 11.5% downturn for the cryptocurrency.

在最近的這項突破之後，狗狗幣的價格現在很容易出現進一步下跌的風險，有可能失去 0.0900 美元的支撐位。隨後的關鍵支撐位為 0.0840 美元，突破可能導致加密貨幣下跌 11.5%。

Despite the recent setback, indicators such as the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) are still reflecting some bullish sentiment in the market. This positive outlook could contribute to a recovery, potentially aiding DOGE in reestablishing $0.0959 as a support level. This achievement might propel the meme coin towards $0.1000 and set the stage for further upward movements.

儘管近期遭遇挫折，相對強弱指數（RSI）和移動平均線收斂分歧（MACD）等指標仍反映了市場的一些看漲情緒。這種積極的前景可能有助於經濟復甦，可能有助於 DOGE 重新確立 0.0959 美元的支撐。這項成就可能會將 meme 幣推向 0.1000 美元，並為進一步上漲奠定基礎。

DOGE Founder Reacts to Bears

DOGE 創辦人對熊市的反應

In the early hours of Monday, Dogecoin founder Billy Markus, also known as Shibetoshi Nakamoto on Twitter, humorously responded to bearish sentiments. Markus took to Twitter, stating, “oh no crypto died everything is dead blah blah blah.” The jest received positive reactions from the community, including approval from Elon Musk, the owner of X and affectionately dubbed the “DOGEfather.”

週一凌晨，狗狗幣創始人比利馬庫斯（Billy Markus）（在 Twitter 上也被稱為 Shibetoshi Nakamoto）幽默地回應了看跌情緒。馬庫斯在推特上表示，“哦，沒有加密貨幣死了，一切都死了等等等等。”這個笑話得到了社區的積極反響，包括 X 的所有者、被親切地稱為“DOGE 之父”的 Elon Musk 的認可。

— Elon Musk (@elonmusk) December 11, 2023

— 伊隆馬斯克 (@elonmusk) 2023 年 12 月 11 日

There’s a new boss in the memecoin space and it’s the Solana-based BONK crypto. In the recent week, the memecoin Bonk, operating on the Solana blockchain, has notably outperformed its counterparts. Demonstrating an impressive surge, the digital asset recorded a remarkable 150% increase in value, surpassing the gains of Dogecoin, Shiba Inu, Pepe, and Floki Inu, ultimately achieving an all-time high.

memecoin 領域出現了一位新老闆，它是基於 Solana 的 BONK 加密貨幣。最近一周，在 Solana 區塊鏈上運行的 memecoin Bonk 的表現明顯優於同類貨幣。該數位資產表現出令人印象深刻的飆升，價值增長了 150%，超過了狗狗幣、柴犬、佩佩和弗洛基犬的漲幅，最終創下了歷史新高。

The post Dogecoin (DOGE) Price Under Strong Selling Pressure, Key Support Levels to Watch appeared first on CoinGape.

狗狗幣 (DOGE) 價格在強勁拋售壓力下，值得關注的關鍵支撐位首先出現在 CoinGape 上。