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Cryptocurrency markets have experienced a broad decline, yet Dogecoin (DOGE) impressively maintained its value above the $0.075 support level. The altcoin has rebounded from this level three times, indicating active buyer accumulation at lower prices, which could signal a positive sentiment in the market.
加密貨幣市場經歷了大幅下跌,但狗狗幣 (DOGE) 令人印象深刻地將其價值維持在 0.075 美元的支撐位之上。山寨幣已從該水準反彈三度,顯示買家以較低價格積聚,這可能預示著市場的正面情緒。
Momentum for a Dogecoin Rise
狗狗幣上漲的動力
However, Dogecoin’s upward movement is currently capped at the resistance level of $0.0877, which could lead to a period of sideways trading. Can the ongoing market reversal provide the necessary momentum for DOGE to initiate a sustained recovery? Significant fluctuations for Dogecoin were observed in January 2024. The token price exhibited sharp volatility between $0.087 and $0.0753. Despite the broader crypto market downturn, Dogecoin impressively stayed above the $0.075 support level, which could indicate strong buyer interest at these lower prices.
然而,狗狗幣的上漲目前受到 0.0877 美元阻力位的限制,這可能會導致一段時間的橫盤交易。持續的市場逆轉能否為DOGE提供持續復甦所需的動力?狗狗幣在 2024 年 1 月出現了大幅波動。代幣價格在 0.087 美元至 0.0753 美元之間劇烈波動。儘管加密市場整體低迷,但狗狗幣仍令人印象深刻地保持在 0.075 美元的支撐位之上,這可能表明買家對這些較低價格的興趣濃厚。
The daily timeframe chart reveals that this support level coincides with the 61.8% Fibonacci retracement level and the 200-day EMA, making it a significant focal point for buyers. The recent uptick in the EMA slope led to a 6.5% increase in Dogecoin’s value over the week, with its current price around $0.081.
每日時間框架圖表顯示,該支撐位與 61.8% 斐波那契回檔位和 200 日均線重合,使其成為買家的重要焦點。最近 EMA 斜率的上升導致狗狗幣的價值在一周內上漲了 6.5%,目前價格約為 0.081 美元。
Expert Opinion on DOGE
專家對DOGE的看法
Additionally, the Dogecoin network is experiencing an extraordinary growth surge that has caught the attention of the cryptocurrency community. According to forecasts shared by renowned crypto analyst Ali Chart, the number of new addresses on the Dogecoin network showed an interesting increase of 1,100% last week. On January 29th, the cryptocurrency network witnessed a historic milestone with the creation of 247,240 new DOGE addresses, reaching an all-time high. This remarkable expansion of the network could have a positive impact on DOGE’s value in the near future.
此外,狗狗幣網路正在經歷非凡的成長,引起了加密貨幣社群的關注。根據著名加密貨幣分析師 Ali Chart 分享的預測,狗狗幣網路上的新地址數量在上週有趣地增加了 1,100%。 1 月 29 日,加密貨幣網路見證了一個歷史性的里程碑,新增 247,240 個 DOGE 位址,達到歷史新高。網路的顯著擴張可能在不久的將來對 DOGE 的價值產生積極影響。
With the network’s development and a broader market recovery, the DOGE price could potentially overcome the general resistance of $0.087. Successfully breaking through this resistance could increase buying momentum and raise Dogecoin’s value by 22%, reaching the upper boundary of the long-standing triangle formation at $0.107. If this upward breakout from the formation occurs, it could be an early signal of a trend reversal for Dogecoin.
隨著網路的發展和更廣泛的市場復甦,DOGE 價格可能會突破 0.087 美元的整體阻力。成功突破這一阻力位可能會增加購買動力,並使狗狗幣的價值提高 22%,達到長期三角形形態的上限 0.107 美元。如果出現這種向上突破的情況,這可能是狗狗幣趨勢逆轉的早期訊號。
The post first appeared on COINTURK NEWS: Dogecoin Maintains Support Level Despite Market Downturn
該貼文首次出現在 COINTURK 新聞上:儘管市場低迷,狗狗幣仍保持支撐水平