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Why is Dogecoin (DOGE) Rising? Price Analysis and Predictions

狗狗幣(DOGE)為何上漲?價格分析與預測

發布: 2023/07/21 22:30 閱讀: 425

原文作者:COINTURK NEWS

原文來源:https://coinmarketcap.com/community/articles/64ba940dad22a005e4a60c09

Despite the general market turmoil, the king of meme coins turned its direction upwards today. But what was the reason behind this surge? While price increases excite investors, the short-term trajectory remains uncertain. So, what do the current technical readings indicate? How much will DOGE be worth?

儘管市場普遍動盪,但模因幣之王今天卻轉向了向上的方向。但這種激增背後的原因是什麼?儘管價格上漲令投資者興奮,但短期走勢仍不確定。那麼,當前的技術讀數顯示了什麼? DOGE 值多少錢?

Dogecoin (DOGE)

狗狗幣 (DOGE)

On the four-hour chart, the price managed to surpass the $0.075 horizontal resistance. Having visited the $0.066 region on July 14th and 18th, the price avoided deeper lows. The long tails during the declines indicate that bulls have been countering these sell-offs. The price, which formed a V-shaped recovery on July 20th, is now pushing the peak even higher. The reason behind today’s rise may be Musk‘s recent DOGE tweet.

在四小時圖表上,價格成功突破了 0.075 美元的水平阻力位。在 7 月 14 日和 18 日訪問 0.066 美元區域後,價格避免了更深的低點。下跌期間的長尾顯示多頭一直在反擊這些拋售。價格在7月20日形成V形復甦,目前正在將高峰推得更高。今天上漲的原因可能是馬斯克最近發布的 DOGE 推文。

The demand that started with the mischievous billionaire’s tweet may also be fueled by expectations of overall market recovery. Despite the decline in the US markets and concerns about the Fed meeting, some altcoins managed to attract buyers early on, even as Bitcoin experienced a sell-off.

從這位淘氣的億萬​​富翁的推文開始的需求也可能受到整體市場復甦的預期的推動。儘管美國市場下跌以及對聯準會會議的擔憂,但一些山寨幣在早期就成功吸引了買家,儘管比特幣經歷了拋售。

DOGE Price Prediction

DOGE價格預測

On the weekly chart, the price still appears to be completing the bottoming process. If it can see consistent closings above $0.078 on the long-term chart, we can talk about a steady rise. Subsequently, the price may target the $0.09 region from the week of April 17th. In the medium term, after $0.081 and $0.094, the $0.1 level will act as a psychological resistance.

在周線圖上,價格似乎仍在完成觸底過程。如果長期圖表上收盤價持續高於 0.078 美元,我們就可以談論穩定上漲。隨後,從 4 月 17 日當週開始,價格可能會瞄準 0.09 美元區域。中期來看,在0.081美元和0.094美元之後,0.1美元水準將作為心理阻力位。

Since October, the price has closed above this critical level 7 times. However, more has not followed. We saw the most recent one at the beginning of April, and the price then dropped by nearly 50%. In the long term, the ongoing market recovery is expected to continue. Especially with the elimination of recession concerns expected in a few months, DOGE could bounce back to $0.2 and beyond, having found its true bottom after the levels of $0.1 and $0.15.

自10月份以來,價格已7次收於該臨界水準之上。然而,更多的事情並沒有隨之而來。我們在四月初看到了最近的一次,然後價格下跌了近50%。從長遠來看,市場復甦預計將持續下去。特別是隨著經濟衰退擔憂預計在幾個月內消除,DOGE 可能會反彈至 0.2 美元及以上,在 0.1 美元和 0.15 美元之後找到真正的底部。

The ultimate goal of the Dogecoin community is $1, but they will have to wait for the peak of the next bull season if it is to come. At the time of writing, DOGE is finding buyers at $0.075 and the RSI is close to the overbought zone. If we don’t see sudden sell-offs in the Bitcoin camp, the positive sentiment and a moderate yet steady rise will continue.

狗狗幣社區的最終目標是 1 美元,但如果要到來,他們將不得不等待下一個牛市的高峰。截至撰寫本文時,DOGE 在 0.075 美元處尋找買家,RSI 接近超買區域。如果我們沒有看到比特幣陣營突然遭到拋售,那麼積極的情緒和溫和而穩定的上漲將繼續下去。

The post Why is Dogecoin (DOGE) Rising? Price Analysis and Predictions appeared first on COINTURK NEWS.

貼文為什麼狗狗幣(DOGE)會上漲?價格分析和預測首先出現在 COINTURK NEWS 上。

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