The post Dogecoin Prepares For A Boost As Active Addresses Surpass 100K: Will DOGE Price Gain Old Momentum? appeared first on Coinpedia Fintech News
隨著活躍地址超過 10 萬,狗狗幣準備上漲:DOGE 價格會獲得舊的動力嗎?首先出現在 Coinpedia 金融科技新聞上
The price of Dogecoin experienced a decline amidst a downturn in the market. This happened due to the issues surrounding Binance on Tuesday. Despite the recent downward trend in Dogecoin’s value, there remains a bullish sentiment among its investors. They are currently facing losses but remain hopeful about a potential recovery, as indicated by their activities in derivative markets and the trends observed in the Dogecoin price chart.
在市場低迷的情況下,狗狗幣的價格經歷了下跌。這是由於週二圍繞幣安的問題而發生的。儘管狗狗幣的價值最近呈下降趨勢,但投資者仍然保持看漲情緒。他們目前面臨損失,但仍對潛在復甦抱有希望,正如他們在衍生性商品市場的活動以及狗狗幣價格圖表中觀察到的趨勢所顯示的那樣。
DOGE’s Active Addresses Surged Following Price Dip
價格下跌後 DOGE 的活躍地址激增
Dogecoin brought massive gains to its investors by surging 50% over four weeks, but it is now nearing the point of losing these profits. Approximately one-third of the earnings realized by DOGE investors have been erased, and the memecoin is expected to experience further decreases.
狗狗幣在四週內飆升 50%,為投資者帶來了巨大收益,但現在已經接近失去這些利潤的地步。 DOGE 投資者實現的收益中約三分之一已被抹去,memecoin 預計將進一步下跌。
However, as the market has now slightly rebounded from its recent dip, nearly $700K worth of short positions were liquidated. This suggests that buyers increasingly accumulated the memecoin near the dip.
然而,隨著市場從最近的下跌中小幅反彈,價值近 70 萬美元的空頭部位被清算。這表明買家在價格下跌時越來越多地累積了模因幣。
Even with a significant amount of liquidations, traders appear stronger. The positive funding rate suggests that, currently, there are more long contracts than short contracts for Dogecoin. This positive funding rate signals that a larger number of traders are opting for long positions, expecting an increase in the price in the coming hours. Therefore, if the price of Dogecoin follows the expectations of its traders, a downturn might be avoided. However, if it doesn’t, further losses could be there.
即使有大量清算,交易者也顯得更強大。正的資金費率表明,目前狗狗幣的多頭合約多於空頭合約。這種正的資金費率表明,更多交易者選擇多頭頭寸,預計未來幾個小時內價格會上漲。因此,如果狗狗幣的價格符合交易者的預期,則可能會避免低迷。然而,如果不這樣做,可能會出現進一步的損失。
According to information from IntoTheBlock, there is an increasing trend in the number of active addresses in the Dogecoin market as it surpassed 100K, indicative of a growing influx of capital. This trend has contributed to strengthening the immediate support level for Dogecoin.
根據IntoTheBlock的訊息,狗狗幣市場的活躍地址數量呈現成長趨勢,已超過10萬,顯示資金湧入不斷增加。這一趨勢有助於加強狗狗幣的直接支撐水準。
What’s Next For DOGE Price?
DOGE 價格的下一步是什麼?
Dogecoin’s value continued to decline and it recently touched the low of $0.07, a crucial support line. However, aggressive buying demand near this low prevented the price from dropping further as DOGE price quickly rebounded from this low. This suggests that price dips are opportunities for accumulation. As of writing, DOGE price trades at $0.075, surging over 0.9% from yesterday’s rate.
狗狗幣的價值持續下跌,最近觸及關鍵支撐線 0.07 美元的低點。然而,由於 DOGE 價格從該低點迅速反彈,接近該低點的積極購買需求阻止了價格進一步下跌。這表明價格下跌是累積的機會。截至撰寫本文時,DOGE 價格交易價格為 0.075 美元,較昨天上漲 0.9% 以上。
Currently, there’s an effort by the bulls to push the Dogecoin price above the 20-day EMA on the 4-hour price chart. Success in this move would indicate a strong trend of continuous buying. Following this, the bulls might attempt to overcome the resistance at $0.087, aiming to progress toward $0.10.
目前,多頭正在努力將狗狗幣價格推高至 4 小時價格圖表上的 20 日均線上方。這項措施的成功將顯示持續買入的強勁趨勢。此後,多頭可能會嘗試克服 0.087 美元的阻力,目標是朝 0.10 美元邁進。
On the other hand, the bears may attempt to capitalize on any price rallies to keep Dogecoin below the 20-day EMA. Sellers are active near the $0.08 mark and Dogecoin’s surge above that level might witness a strong selling and a surge in short-positions. Should this happen, it could pave the way for a further decline to the 100-day Exponential Moving Average (EMA) at $0.68 and potentially to a critical support level at $0.058.
另一方面,空頭可能會試圖利用任何價格反彈來將狗狗幣保持在 20 日均線下方。賣家在 0.08 美元關卡附近活躍,狗狗幣飆升至該水平上方可能會出現強勁拋售和空頭部位激增。如果發生這種情況,可能會為進一步下跌至 0.68 美元的 100 日指數移動平均線 (EMA) 鋪平道路,並可能跌至 0.058 美元的關鍵支撐位。