Whale Investments and Technical Analysis Signal Potential for Dogecoin Rebound

鯨魚的投資和技術分析信號反彈的狗狗幣潛力

Amidst a period of sustained price decline and bearish momentum, whale investors have bought 750 million DOGE, indicating potential faith in the cryptocurrency's long-term prospects.

在一段持續的價格下降和看跌勢頭的時期，鯨魚投資者購買了7.5億托馬，表明對加密貨幣的長期前景的潛在信仰。

Historical Trends and Market Expectations

歷史趨勢和市場期望

Analysts draw parallels between the current DOGE price action and a similar dip observed in Q3 2024. In that instance, a subsequent parabolic climb led to a 300% appreciation. However, analysts caution that current market trends cannot guarantee a similar outcome.

分析師在目前的Doge價格行動與第三季度2024年觀察到的類似傾角之間的相似之處。在這種情況下，隨後的拋物線攀登導致了300％的升值。但是，分析師警告說，當前市場趨勢不能保證類似的結果。

Whale Activity Suggests Confidence

鯨魚活動表明信心

According to a tweet by Ali (@ali_charts), whales have taken advantage of the recent price drop, purchasing 750 million Dogecoin. This large-scale buying activity suggests confidence in the market, particularly considering the sharp price fall.

根據Ali（@ali_charts）的推文，鯨魚利用了最近的價格下跌，購買了7.5億狗狗。這種大規模的購買活動表明對市場充滿信心，特別是考慮到價格下跌。

Technical Analysis of DOGE's Price Action

Doge價格行動的技術分析

Dogecoin's price is currently testing a descending channel's lower edge, providing potential support. However, it has already breached significant horizontal support at $0.30, raising concerns of further drops. The next level of support is seen at $0.125.

Dogecoin的價格目前正在測試下降頻道的下邊緣，從而提供潛在的支持。但是，它已經違反了0.30美元的大量水平支撐，這引起了進一步下降的擔憂。下一個支持的水平為0.125美元。

Resistance remains at $0.30, which is now acting as a barrier rather than support. A near-term bullish reversal requires a reversal of these levels. If DOGE holds at current support, buyers may target $0.25–$0.30.

阻力仍為0.30美元，現在是障礙而不是支持。近期看漲的逆轉需要逆轉這些水平。如果Doge在當前的支持下持有，則買家可能以$ 0.25- $ 0.30的目標為目標。

RSI and Market Trend

RSI和市場趨勢

The Relative Strength Index (RSI) for Dogecoin is hovering near oversold levels at 30.34. This suggests the potential for a short-term bounce, assuming support materializes. However, the downtrend in the RSI also indicates ongoing bearish momentum.

Dogecoin的相對強度指數（RSI）徘徊在30.34的超售水平接近水平。這表明假設支持的實現，可能會出現短期反彈。但是，RSI中的下降也表明看跌勢頭持續。

As of press time, Dogecoin was trading at $0.2477, down 3.38% in 24 hours and 25.90% in a week. 24-hour trading volumes have exceeded $1.7 billion, highlighting continued trading activity during this volatile period.

截至發稿時，Dogecoin的交易價格為0.2477美元，在24小時內下跌3.38％，一周中下跌25.90％。 24小時的交易量超過17億美元，突出了這一動盪期間的持續交易活動。