Dogecoin Struggles to Sustain Price Momentum

狗狗幣努力維持價格勢頭

Dogecoin experienced a notable 6% price surge on August 20, approaching the $0.11 mark. However, these gains quickly dissipated, and analysis suggests Dogecoin may face challenges in maintaining its price rally.

8 月 20 日，狗狗幣的價格大幅上漲 6%，接近 0.11 美元大關。然而，這些漲幅很快就消失了，分析表明狗狗幣在維持其價格上漲方面可能面臨挑戰。

Realized Value and Liquidation Data

已實現價值和清算數據

Data from Santiment indicates Dogecoin's one-day Realized Value has plummeted to a monthly low of $12.43 million, reflecting a low valuation of assets within the network. This decline is associated with capitulation, suggesting resistance for the price to rise above $0.10.

Santiment 的數據顯示，狗狗幣的單日實現價值已暴跌至 1,243 萬美元的月度低點，反映出網路內資產估值較低。這種下跌與投降有關，表明價格上漲至 0.10 美元上方存在阻力。

Additionally, liquidation data highlights potential challenges. This heatmap predicts price levels where substantial liquidations may occur, potentially triggering price drops.

此外，清算數據凸顯了潛在的挑戰。該熱圖預測了可能發生大量清算的價格水平，從而可能引發價格下跌。

Technical Analysis

技術分析

Technical analysis, including the Relative Strength Index (RSI), shows Dogecoin's momentum as bearish. The RSI remains below the neutral 50.00 mark, indicating downward pressure. A sustained rise above this point is necessary for a bullish trend.

包括相對強度指數（RSI）在內的技術分析顯示狗狗幣的勢頭看跌。 RSI 仍低於中性 50.00 關卡，顯示下行壓力。持續上漲至該點之上對於看漲趨勢是必要的。

Fibonacci retracement levels provide insights into price movements. Dogecoin is currently near the $0.10 level, aligning with the 23.6% Fibonacci retracement. Without improved market conditions, it is unlikely to advance beyond this point.

斐波那契回撤水準提供了對價格變動的洞察。狗狗幣目前接近 0.10 美元水平，與 23.6% 斐波那契回檔位保持一致。如果市場狀況沒有改善，就不可能超越這一點。

Investor Implications

對投資者的影響

• Bearish momentum is evident, with the RSI below 50.00.
• Price levels may dip below $0.09 or even $0.08 if market conditions deteriorate.
• A potential rally to $0.13 is possible if buying pressure increases and market sentiment improves.
• Monitoring Realized Value and liquidation heatmaps is crucial for price predictions.

Conclusion

看跌勢頭很明顯，RSI 低於50.00。熱圖對於價格預測。

Dogecoin's price momentum is facing challenges, and without increased buying pressure, it may continue to struggle. Technical indicators and market conditions suggest resistance at the $0.10 level, with a risk of decline to $0.08 in a broader market downturn. Positive market sentiment, however, could pave the way for a rally towards the 61.8% Fib level at $0.13.

狗狗幣的價格勢頭正面臨挑戰，如果購買壓力不增加，它可能會繼續陷入困境。技術指標和市場狀況顯示阻力位為 0.10 美元，如果市場整體低迷，則有可能跌至 0.08 美元。然而，積極的市場情緒可能為反彈至 61.8% 斐波那契水平（0.13 美元）鋪平道路。