Dogecoin Faces Persistent Price Decline

狗狗幣面臨持續價格下跌

Analysis

分析

Dogecoin (DOGE) has witnessed a sustained decrease in its market value, slipping below the $0.12 threshold over the past week. This downtrend has raised concerns among investors.

狗狗幣（DOGE）的市值持續下跌，過去一週跌破 0.12 美元的門檻。這種下降趨勢引起了投資者的擔憂。

Price Resistance

價格阻力

In the last seven days, DOGE has plunged by 13.67%. Data from IntoTheBlock shows potential selling pressure around $0.11, indicating that a significant number of wallet addresses hold coins within this price range.

最近 7 天，DOGE 暴跌 13.67%。 IntoTheBlock 的數據顯示，潛在的拋售壓力約為 0.11 美元，這表明大量錢包地址持有該價格範圍內的代幣。

At the $0.11 level, 1.49 billion DOGE coins (worth approximately $169 million) are owned by 17,960 addresses. This suggests potential support against further declines. However, on the resistance side, 2.74 billion DOGE coins (valued at $300 million) are held by 40,200 addresses, presenting a substantial barrier to price recovery.

在 0.11 美元的水平上，17,960 個地址擁有 14.9 億個 DOGE 幣（價值約 1.69 億美元）。這表明存在針對進一步下跌的潛在支撐。然而，在阻力方面，40,200 個地址持有 27.4 億枚 DOGE 幣（價值 3 億美元），對價格復甦構成了巨大障礙。

Price Forecast

價格預測

An examination of the daily chart reveals that DOGE's price decline began on July 27. The Exponential Moving Average (EMA) analysis suggests a continued downward trend, with the 50 EMA (yellow) currently above the 20 EMA (blue).

對日線圖的檢查顯示，DOGE 的價格下跌始於 7 月 27 日。

Should this trend continue, DOGE may face buying pressure around the $0.11 level. Conversely, ongoing selling pressure could push the price down to $0.09. However, a potential golden cross formation could reverse the downtrend, leading to a price rise back to $0.12 or $0.13.

如果這種趨勢持續下去，DOGE 可能會面臨 0.11 美元水平附近的買盤壓力。相反，持續的拋售壓力可能會將價格推低至 0.09 美元。然而，潛在的金叉形態可能會扭轉下跌趨勢，導致價格回升至 0.12 美元或 0.13 美元。

Investor Insights

投資者見解

• Monitor support levels at $0.11 for potential buying opportunities.
• Pay attention to resistance around $0.12-$0.13 which could hinder recovery.
• A golden cross formation might signal a trend reversal.
• Selling pressure could further decrease prices to $0.09.

Conclusion

監控0.11 美元的支撐位，尋找潛在的買入機會。 。

Dogecoin's ongoing price decline remains a concern for investors. Market indicators suggest that unless DOGE surpasses the current resistance levels, it could continue to face price drops. Key support and resistance levels will play a crucial role in determining the coin's next movements.

狗狗幣的持續價格下跌仍然是投資者的擔憂。市場指標表明，除非 DOGE 突破當前阻力位，否則它可能會繼續面臨價格下跌。關鍵支撐位和阻力位將在決定代幣的下一步走勢方面發揮至關重要的作用。