Dogecoin Price: Amid the pre-halving correction in the crypto market, the Bitcoin price plunged to a low of $59672 on Wednesday registering a loss of 4.5%. This steady supply pressure prolongs the correction trend for the majority of major altcoins including Dogecoin. With an intraday loss of 5%, the largest meme cryptocurrency by market cap loses the 50% retracement support, indicating the potential for prolonged downfall.
狗狗幣價格:在加密貨幣市場減半前的調整中,比特幣價格週三暴跌至 59,672 美元的低點,下跌 4.5%。這種穩定的供應壓力延長了包括狗狗幣在內的大多數主要山寨幣的修正趨勢。市值最大的 meme 加密貨幣盤下跌 5%,失去了 50% 的回撤支撐,顯示有可能長期下跌。
另請閱讀:為什麼投資者追逐狗狗幣 (DOGE) 並使用新的 A.I 加密貨幣預售代幣來應對 10.7% 的下跌
Will Dogecoin Price Lose $0.14 Amid Market Correction?
狗狗幣價格會在市場調整中下跌 0.14 美元嗎?
Dogecoin entered the current correction trend in late March, as the price reverted from the high of $0.288. The bearish downturn plunged the coin value 35% within three weeks to the current trade at $0.14.
狗狗幣在 3 月底進入當前的調整趨勢,價格從 0.288 美元的高點回落。看跌的低迷使代幣價值在三週內暴跌 35%,目前交易價格為 0.14 美元。
The formation of new lower highs and lows signals a change in market sentiment from “buying on dip” to “selling on rallies”. The downsloping trendline in the daily chart acts as dynamic resistance and leads the current projecting of a downtrend. This falling price has recently breached the 50% Fibonacci retracement tool— a key support for buyers to maintain their dominance over the asset.
新的高點和低點的形成標誌著市場情緒從「逢低買入」轉變為「逢高賣出」。日線圖中向下傾斜的趨勢線充當動態阻力並引領當前的下降趨勢預測。價格下跌最近突破了 50% 斐波那契回撤工具,這是買家維持對該資產主導地位的關鍵支撐。
By the press time, Dogecoin trades at $0.148, and with a market cap of $21.4 Billion, it maintains its position as the 8th largest cryptocurrency.
截至發稿,狗狗幣交易價格為 0.148 美元,市值為 214 億美元,維持第八大加密貨幣的地位。
If the breakdown sustains, the DOGE price may plunge 16.4% to hit the March 2024 low of $0.124. With less than 2 days for Bitcoin halving, the aforementioned levels act as a crucial reversal point.
如果這種崩盤持續下去,DOGE 價格可能會暴跌 16.4%,觸及 2024 年 3 月的低點 0.124 美元。距離比特幣減半還有不到兩天的時間,上述水準是關鍵的反轉點。
Historical trends suggest that Bitcoin typically takes a while to embark on its rally post-halving, and thus altcoins may require even more time before showing bullish momentum. Thus, the potential trend for Dogecoin price for the near term seems sideways.
歷史趨勢表明,比特幣通常需要一段時間才能在減半後開始反彈,因此山寨幣可能需要更多時間才能顯示出看漲勢頭。因此,狗狗幣價格近期的潛在趨勢似乎是橫盤整理。
Technical Indicator
技術指標
- Directional Movement Index: A bearish crossover between the DI+(blue) and DI-(orange) indicates the sellers are leading the short-term trend of SHIB price.
- Exponential Moving Average: The memecoin price trading above daily EMAs 100 and 200 highlights the broader trend remains bullish.
方向運動指數:DI+(藍色)和 DI-(橙色)之間的看跌交叉表明賣方正在引領 SHIB 價格的短期趨勢。
指數移動平均線:memecoin 價格交易高於每日 EMA 100 和 200 凸顯了更廣泛的趨勢仍然看漲。
The post What’s Next for Dogecoin Price After Failing to Hold 50% Fibonacci Support? appeared first on CoinGape.
未能維持 50% 斐波那契支撐位後狗狗幣價格的下一步是什麼?首先出現在 CoinGape 上。