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Altcoins continue to face over 5% losses, with Bitcoin struggling to hold the $40,400 support level. The market’s concern is amplified by a bearish start to the week for spot Bitcoin ETFs. Investors are curious about Dogecoin’s current outlook and what lies ahead.

山寨幣繼續面臨超過 5% 的損失，而比特幣則難以守住 40,400 美元的支撐位。現貨比特幣 ETF 本週開局看跌，加劇了市場的擔憂。投資者對狗狗幣當前的前景和未來感到好奇。

Speculation about Dogecoin’s integration with payment services X is resurfacing. However, the current regulatory environment and recent comments by Elon Musk, suggesting his disinterest in cryptocurrencies, are diminishing these prospects, which could explain the lack of sustained excitement in its price.

關於狗狗幣與支付服務 X 整合的猜測再次浮出水面。然而，當前的監管環境和馬斯克最近發表的表明他對加密貨幣不感興趣的言論正在削弱這些前景，這可能解釋了其價格缺乏持續興奮的原因。

Dogecoin’s price continues to move within a correction formation, rejected by a resistance trend line. Weekly charts indicate that Dogecoin has been trading below a decreasing trend line since October 2022, which was recently breached after 400 days.

狗狗幣的價格繼續在修正形態內波動，但受到阻力趨勢線的拒絕。週線圖顯示，自 2022 年 10 月以來，狗狗幣一直處於下降趨勢線下方，最近在 400 天後被突破。

Although Dogecoin’s price rose to $0.107 after breaking resistance in November 2023, it has since returned to the trend line. The RSI is currently neutral, and a rise could support short-term performance, but Bitcoin’s persistence in breaking below $40,400 could adversely affect Dogecoin bulls.

儘管狗狗幣的價格在 2023 年 11 月突破阻力後升至 0.107 美元，但此後又回到了趨勢線。 RSI 目前呈中性，上漲可能支撐短期表現，但比特幣持續突破 40,400 美元可能會對狗狗幣多頭產生不利影響。

Analysts like CryptoGodJohn and Birb Nest fuel rumors of payment services X integrating with Dogecoin. Despite Pepa’s claim that there’s no better time to buy Dogecoin, its price is currently down nearly 4%. The narrative of payment services X with Dogecoin might be losing its appeal. While the weekly chart suggests a potential rise, daily technical readings and the RSI indicate a deepening decline. There are two scenarios for Dogecoin’s price: a breakout from the channel could lead to a 40% increase to $0.118, while the opposite could see a drop to $0.06.

CryptoGodJohn 和 Birb Nest 等分析師助長了支付服務 X 與狗狗幣整合的謠言。儘管 Pepa 聲稱現在是購買狗狗幣的最佳時機，但其價格目前已下跌近 4%。狗狗幣支付服務 X 的敘述可能會失去吸引力。雖然週線圖顯示潛在上漲，但每日技術讀數和 RSI 顯示下跌加深。狗狗幣的價格有兩種情況：突破通道可能導致上漲 40% 至 0.118 美元，反之則可能下跌至 0.06 美元。

The post first appeared on BH NEWS: Dogecoin Market Outlook Amidst Altcoin Struggles

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