The bloody outlook across the crypto market resulted in a 7% nosedive in Dogecoin price in a week, following an impressive rally above $0.1.
整個加密貨幣市場的血腥前景導致狗狗幣價格在一周內暴跌 7%,此前該價格令人印象深刻地反彈至 0.1 美元以上。
This marked the biggest correction since the Q3 rally kicked off in October, with DOGE retracing from $0.105 to trade at $0.092 during the US session on Wednesday.
這是自 10 月第三季反彈開始以來的最大回調,週三美國時段,DOGE 從 0.105 美元回落至 0.092 美元。
How Will Dogecoin Price React To FOMC Meeting
狗狗幣價格對 FOMC 會議有何反應
Bitcoin, Ethereum, and cryptocurrency majors remain suppressed ahead of the Federal Open Market Committee (FOMC) on Wednesday.
在聯邦公開市場委員會 (FOMC) 週三召開之前,比特幣、以太坊和加密貨幣主要貨幣仍受到壓制。
The Federal Reserve is widely expected to keep interest rates unchanged and provide insight as to when rate cuts could begin, especially with the recently released Consumer Price Index (CPI) data showing that inflation continues to ease.
人們普遍預期聯準會將維持利率不變,並就何時開始降息提供見解,特別是最近發布的消費者物價指數(CPI)數據顯示通膨繼續放緩。
Unchanged interest rates in the range of 5.25% – 5.50% are positive for risk assets like Bitcoin and Dogecoin while comments on rate cuts could prop the market for a rally.
5.25% – 5.50% 範圍內的利率不變對比特幣和狗狗幣等風險資產有利,而有關降息的評論可能會支撐市場反彈。
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Dogecoin price holds above an important MA—the 20-day Exponential Moving Average (EMA) (in blue). A buoyant DOGE above this level would mean an incoming rebound.
狗狗幣價格保持在重要的 MA 之上——20 天指數移動平均線 (EMA)(藍色)。高於該水平的活躍的 DOGE 將意味著即將到來的反彈。
However, losing the 20-day EMA as support which currently holds at $0.0929 may lead to a breakdown in such a way that Dogecoin price would be forced to retest other key levels like the 50-day EMA (in red) at $0.0817 and the 200-day EMA (in purple) at $0.0733 on the way to the local support, as highlighted by the descending trendline in in red.
然而,失去目前位於 0.0929 美元的 20 日均線作為支撐可能會導致狗狗幣價格崩潰,從而被迫重新測試其他關鍵水平,例如 0.0817 美元的 50 日均線(紅色)和 200 日均線日均EMA(紫色)位於0.0733 美元,正在通往本地支撐位,如紅色下降趨勢線所示。
The Relative Strength Index (RSI) reveals that sellers hold the reins at the moment, with Dogecoin likely to change the trend or continue spiraling while searching for solid support.
相對強度指數(RSI)顯示,賣家目前掌握控制權,狗狗幣可能會改變趨勢或在尋求堅實支撐的同時繼續螺旋式上漲。
A bearish crossover in the RSI confirms the bearish narrative. However, DOGE could quickly snap out of the downtrend if the 21-day support holds.
RSI 的看跌交叉證實了看跌的說法。然而,如果 21 日支撐位守住,DOGE 可能會迅速擺脫下跌趨勢。
Traders would be on the lookout for a bounce towards the pivotal $0.1 level. A successful retest of this resistance would assure investors of the strengthening bullish theory for gains above hurdles at $0.14 and $0.2, respectively.
交易者將密切關注 0.1 美元關鍵水平的反彈。如果成功重新測試這個阻力位,投資人將確信看漲理論將會加強,收益將分別突破 0.14 美元和 0.2 美元的障礙。
Bulls have already started pushing for a recovery in shorter time frames like the four-hour chart, where Dogecoin is bouncing from the black ascending trendline.
多頭已經開始推動較短時間範圍內的復甦,例如四小時圖表,其中狗狗幣從黑色上升趨勢線反彈。
Although the RSI is not oversold in this time frame, a recovery from support at 40 seems likely. Therefore, it may be prudent for traders to prepare to enter long positions with short-term targets at $0.1 and $0.12, respectively.
儘管 RSI 在此時間範圍內並未超賣,但似乎有可能從 40 的支撐位回升。因此,交易者最好準備好建立多頭頭寸,短期目標分別為 0.1 美元和 0.12 美元。
The Moving Average Convergence Divergence (MACD) indicator, although still bearish, has the potential to send a buy signal in this session or the next one.
移動平均收斂分歧(MACD)指標雖然仍看跌,但有可能在本交易日或下一交易日發出買進訊號。
Such a signal will occur as a bullish crossover with the the MACD line in blue moving above the signal line in red. Traders will be inclined to increase exposure to DOGE as the MACD generally moves toward the neutral line and enters the positive area.
這樣的訊號將會作為看漲交叉出現,藍色 MACD 線會移到紅色訊號線上方。隨著 MACD 整體向中性線移動並進入正值區域,交易者將傾向於增加 DOGE 的曝險。
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The post Dogecoin Price 7% Dump in a Week Signals 22% Death Dive for DOGE? appeared first on CoinGape.
狗狗幣價格一週暴跌 7% 預示狗狗幣將暴跌 22%?首先出現在 CoinGape 上。