市場低迷後狗狗幣價格受到打擊

You can also read this news on COINTURK NEWS: Dogecoin Price Takes a Hit Following Market Downturn

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Markets followed Bitcoin‘s southward plunge in yesterday’s bloodbath, with the meme coin sector leading the drop, and Dogecoin (DOGE) price also taking a hit. While markets remain optimistic ahead of BTC’s halving, DOGE’s correction wave could offer investors a buying opportunity before the anticipated halving event.

市場跟隨比特幣在昨天的血腥屠殺中向南暴跌，模因幣板塊領跌，狗狗幣（DOGE）價格也受到打擊。儘管市場在 BTC 減半之前仍保持樂觀，但 DOGE 的修正浪潮可能會在預期的減半事件之前為投資者提供買入機會。

Dogecoin (DOGE) Price Suffers in Market Slump

狗狗幣（DOGE）價格因市場低迷而受挫

As the leader of the meme coin world, Dogecoin (DOGE) price retreated by approximately 15% following the drop in Bitcoin’s price. However, altcoins and meme coins were largely affected more by this downturn, with some altcoins experiencing losses up to 20%.

作為表情幣世界的領導者，狗狗幣（DOGE）的價格隨著比特幣價格的下跌而回落了約15%。然而，山寨幣和 meme 幣在很大程度上受這次經濟低迷的影響更大，一些山寨幣的損失高達 20%。

Despite the downturns, optimism among investors continues. Dogecoin’s price remains above a significant support level on the rising trend line. This support has previously offered significant buying opportunities, and considering a hammer-like candlestick formation, it could be a jumping-off point for the cryptocurrency DOGE.

儘管經濟低迷，投資者的樂觀情緒依然存在。狗狗幣的價格仍高於上升趨勢線的重要支撐位。這種支撐先前提供了重要的買入機會，考慮到錘子狀的燭台形態，它可能是加密貨幣 DOGE 的起點。

Pay Attention to the Hammer Candlestick Formation

注意錘子燭台形態

The hammer candlestick formation is known as a bullish reversal pattern with a small body and a long lower shadow. This pattern emerges during price declines and indicates an attempt to find the asset’s bottom levels.

錘子燭台形態被稱為看漲反轉形態，具有較小的燭身和較長的下影線。這種模式在價格下跌期間出現，表明試圖找到資產的底部水平。

It also signals that buyers are entering the market and starting to push prices back up. This could be a signal for investors to consider taking long positions or buying the asset. Moreover, the bullish formation being supported by the RSI outlook indicates the strength of the rise. The RSI defending the 45 level suggests that Dogecoin (DOGE) could start to recover and move towards the 50% Fibonacci retracement level. This scenario sets the 0.2 dollar level as a target for the price.

這也表明買家正在進入市場並開始推高價格。這可能是投資者考慮持有多頭部位或購買資產的訊號。此外，RSI 前景支持的看漲形態顯示上漲的強度。 RSI 守住 45 水平表明狗狗幣 (DOGE) 可能開始復甦並朝 50% 斐波那契回撤水平移動。這種情況將 0.2 美元水準設定為價格目標。

Strong Movements in Bitcoin Price Should Be Monitored

應監控比特幣價格的強勁波動

Cryptocurrency flagship Bitcoin’s strong movement could encourage Dogecoin (DOGE) price to reclaim its local peak. However, if selling pressure increases, DOGE price could fall below $0.1606. This situation would not only temper bullish expectations but also increase the likelihood of further declines.

加密貨幣旗艦比特幣的強勁走勢可能會鼓勵狗狗幣（DOGE）價格重回當地高峰。然而，如果拋售壓力增加，DOGE 價格可能會跌破 0.1606 美元。這種情況不僅會削弱看漲預期，還會增加進一步下跌的可能性。

In conclusion, the coming days and weeks could be exciting for the cryptocurrency Dogecoin (DOGE). Investors should monitor the $0.2 levels as a target for the price.

總而言之，未來幾天和幾週對於加密貨幣狗狗幣（DOGE）來說可能會令人興奮。投資者應關注 0.2 美元水準作為價格目標。