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The Dogecoin price dropped over 3% in the last 24 hours to trade at $0.1455 as of 12:30 a.m. EST as investors dump some of their holdings in the meme coin.
The DOGE price drop comes after a meme coin market surge ignited by the reappearance of Roaring Kitty, a personality at the center of the meme stock craze and GameStop short squeeze back in 2021.
截至美國東部時間上午 12:30,狗狗幣價格在過去 24 小時內下跌超過 3%,交易價格為 0.1455 美元,因為投資者拋售了部分持有的狗狗幣。 DOGE 價格下跌之前,Roaring Kitty 的重新出現引發了 Meme 代幣市場飆升,Roaring Kitty 是 2021 年 Meme 股票熱潮和 GameStop 空頭擠壓的中心人物。
pic.twitter.com/YgjVqtgcNS
— Roaring Kitty (@TheRoaringKitty) May 13, 2024
pic.twitter.com/YgjVqtgcNS — 咆哮的小貓 (@TheRoaringKitty) 2024 年 5 月 13 日
After an almost 3-year hiatus, he reappeared online and posted a cryptic tweet yesterday. Many believe the post signaled the analyst’s return and led to speculation of a possible GameStop 2.0.
The Dogecoin Price Loses Key Support
經過近三年的中斷後,他昨天重新出現在網路上並發布了一條神秘的推文。許多人認為這篇文章標誌著這位分析師的回歸,並引發了對 GameStop 2.0 可能出現的猜測。狗狗幣價格失去關鍵支撐
4-hour chart for DOGE/USD (Source: GeckoTerminal)
The Dogecoin price lost the key support at $0.1470 over the past 24 hours. As such, bulls are trying their best to push the meme coin’s price back above this key point.
Should DOGE close a 4-hour candle above $0.1470 within the next 8 hours, traders might enter into a long position for the crypto. The crypto could subsequently climb to the major $0.1575 resistance level.
Traders and investors will want to keep an eye on how the Dogecoin price behaves should it reach the $0.1575 barrier. In the last couple of days, the meme coin has been rejected by this technical obstacle twice already, and history could repeat itself.
However, a break above $0.1575 could lead to DOGE climbing in the short term, with bulls potentially looking to capitalize on the break above this threshold.
On the other hand, the Dogecoin price failing to close a 4-hour candle above $0.1470 within the next 8 hours might invalidate the bullish thesis. In this alternative scenario, the altcoin could test the immediate $0.1344 support. It might even drop below this technical crutch to $0.1224 if the sell pressure persists.
Technicals Point To A Continued Drop For The Dogecoin Price
Technical indicators on DOGE’s 4-hour chart warn that the Dogecoin price might enter a negative cycle in the next 24 hours. There is also a major bearish technical flag that is on the verge of being triggered by the Moving Average Convergence Divergence (MACD) indicator.
With the MACD line collapsing towards the MACD Signal line, it seems DOGE’s positive momentum during the past 24 hours has hit a peak. Should the MACD cross below the Signal line, it will most likely indicate that the meme coin’s bullish phase has ended and DOGE has started a new bearish cycle.
In addition to this, the Relative Strength Index (RSI) indicator shows that bulls’ strength against sellers has dropped substantially. In the last 24 hours, the RSI line has fallen from 59 to just above 50. Although this signals that DOGE can still go either way, this coupled with the MACD suggests the Dogecoin price might drop in the next 24 hours.
As DOGE’s momentum seems to be fizzling out, investors are shifting focus to Dogeverse, one of the best performing ICOs this year that’s already raised more than $15 million. Now it’s giving investors one last chance to buy before launch.
Modernizing The Meme Coin Sector
There is a big push in the blockchain space to find a way to make networks seamlessly communicate with each other and share information with other blockchains regardless of their differing protocols.
Dogeverse (DOGEVERSE) is the first meme coin to reside on multiple blockchains. This aligns the crypto perfectly with the broader industry’s aim to increase interoperability within the Web3 sector.
By holding Dogeverse, investors can shift value across the most liquid and active networks with ease, allowing them to participate in high yield generating opportunities as soon as they appear.
What’s more, Dogeverse holders won’t even have to swap out their tokens to start earning passive rewards on-chain, because the project is offering ICO investors a lucrative staking program with a 57% APY.
DOGE/USD 4 小時圖表(資料來源:GeckoTerminal)過去 24 小時,狗狗幣價格失去了 0.1470 美元的關鍵支撐位。因此,多頭正在盡最大努力將模因幣的價格推回到這個關鍵點之上。如果 DOGE 在接下來的 8 小時內將 4 小時蠟燭收在 0.1470 美元以上,交易者可能會建立加密貨幣多頭部位。加密貨幣隨後可能攀升至 0.1575 美元的主要阻力位。如果狗狗幣價格達到 0.1575 美元的關口,交易者和投資者將需要密切關注它的表現。在過去的幾天裡,米姆幣已經兩次被這個技術障礙拒絕,歷史可能會重演。然而,突破 0.1575 美元可能會導致 DOGE 在短期內攀升,多頭可能希望利用突破這一閾值的機會。另一方面,如果狗狗幣價格未能在未來 8 小時內將 4 小時蠟燭收於 0.1470 美元上方,看漲論點可能會失效。在這種替代情況下,山寨幣可能會測試 0.1344 美元的即時支撐位。如果拋售壓力持續存在,它甚至可能跌破該技術拐杖至 0.1224 美元。技術面顯示狗狗幣價格持續下跌 DOGE 4 小時圖表上的技術指標警告狗狗幣價格可能在未來 24 小時內進入負週期。還有一個主要的看跌技術旗形,即將被移動平均線趨同背離(MACD)指標觸發。隨著MACD線向MACD訊號線塌陷,DOGE在過去24小時內的積極勢頭似乎已經達到頂峰。如果 MACD 穿過訊號線,則很可能表示 Meme 幣的看漲階段已經結束,DOGE 已開始新的看跌週期。除此之外,相對強度指數(RSI)指標顯示多頭相對於賣方的力量大幅下降。在過去 24 小時內,RSI 線從 59 跌至略高於 50。隨著 DOGE 的勢頭似乎逐漸減弱,投資者將注意力轉向 Dogeverse,這是今年表現最好的 ICO 之一,已籌集了超過 1500 萬美元的資金。現在,它為投資者提供了發布前最後一次購買的機會。 Meme 幣產業現代化 區塊鏈領域正在大力推動尋找一種方法,使網路彼此無縫通信並與其他區塊鏈共享訊息,無論其協議如何不同。 Dogverse (DOGEVERSE) 是第一個駐留在多個區塊鏈上的迷因幣。這使得加密貨幣與更廣泛的行業目標完美契合,即提高 Web3 領域的互通性。透過持有Dogeverse,投資者可以輕鬆地在最具流動性和最活躍的網路上轉移價值,從而使他們能夠在高收益機會出現時立即參與其中。更重要的是,Dogeverse 持有者甚至不需要交換他們的代幣就可以開始在鏈上賺取被動獎勵,因為該項目為 ICO 投資者提供了一個利潤豐厚的質押計劃,年利率為 57%。
Given Dogeverse’s unprecedented levels of utility, it’s easy to see why an analyst from the CryptoNews YouTube channel recently said the meme coin has 100X potential on launch.
鑑於 Dogeverse 前所未有的實用性,很容易理解為什麼來自 YouTube 頻道 CryptoNews 的分析師最近表示,這款 Meme 硬幣在推出時具有 100 倍的潛力。
One small step for man, one giant leap for multi-chain. 🌕#Memecoins #Solana #Altcoins #Ethereum #Crypto #MemeCoinSeason2024 #Web3 pic.twitter.com/bbKMU5qtA4
— DogeVerse (@The_DogeVerse) May 14, 2024
人的一小步,多鏈的一大步。 🌕#Memecoins #Solana #Altcoins #Ethereum #Crypto #MemeCoinSeason2024 #Web3 pic.twitter.com/bbKMU5qtA4 — DogeVerse (@The_DogeVerse) 2024 年 5 月 14 日
To acquire the token before it’s too late, investors can navigate to the project’s website and make use of the simple buy widget embedded on the page.
Due to its multi-chain nature, investors can purchase DOGEVERSE using either ETH, BNB, MATIC, AVAX, SOL, or BASE. USDT and bank cards can also be used.
But anyone that wants to stake their tokens for the 57% APY will need to use ETH to buy the crypto, since the staking contract is on the Ethereum blockchain.
Purchase and stake DOGEVERSE here for up to 57% in annual staking rewards.
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為了在為時已晚之前獲得代幣,投資者可以導航到該項目的網站並使用頁面上嵌入的簡單購買小部件。由於其多鏈性質,投資者可以使用 ETH、BNB、MATIC、AVAX、SOL 或 BASE 購買 DOGEVERSE。也可以使用USDT和銀行卡。但任何想要以 57% APY 質押其代幣的人都需要使用 ETH 來購買加密貨幣,因為質押合約位於以太坊區塊鏈上。在此購買並質押 DOGEVERSE,可獲得高達 57% 的年度質押獎勵。相關文章:
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Source: https://thebittimes.com/dogecoin-price-prediction-doge-drops-3-as-roaring-kitty-rally-fades-and-this-red-hot-meme-coin-offers-last-chance-to-buy-tbt88374.html
資料來源:https://thebittimes.com/dogecoin-price-prediction-doge-drops-3-as-roaring-kitty-rally-fades-and-this-red-hot-meme-coin-offers-last-chance -購買-tbt88374.html