You can also read this news on COINTURK NEWS: Dogecoin Struggles to Break Key Resistance Level
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Dogecoin (DOGE) continues to attract attention in the cryptocurrency market. The cryptocurrency created a wave of excitement among investors as it rose above the declining trend line on Valentine’s Day, February 14th. However, the subsequent correction caused disappointment for some. Still, DOGE’s efforts to test and break these resistance levels keep hopes alive for the future.
狗狗幣(DOGE)持續吸引加密貨幣市場的注意。當加密貨幣在 2 月 14 日情人節突破下降趨勢線時,引起了投資者的興奮。然而,隨後的調整讓一些人感到失望。儘管如此,DOGE 測試和突破這些阻力位的努力仍然讓人們對未來充滿希望。
DOGE Price Battles to Reclaim $0.0900 Level
DOGE 價格戰收復 0.0900 美元水平
Currently, DOGE is struggling to reclaim the $0.0900 price level. Many technical indicators point to a potential 5% increase if it breaks above this level. The Relative Strength Index (RSI) is moving upward, indicating increasing momentum. Similarly, the Awesome Oscillator (AO) histogram bars are in the positive zone, supporting the uptrend.
目前,DOGE 正在努力奪回 0.0900 美元的價格水平。許多技術指標表明,如果突破該水平,可能會上漲 5%。相對強弱指數(RSI)正在向上移動,表示勢頭正在增強。同樣,動量震盪指標 (AO) 長條圖位於正區,支持上升趨勢。
However, it’s important to remember that not every scenario in the market will be positive. Many investors may sell their DOGE to realize profits, which could lead to a price drop. In particular, if the price falls below $0.0817, the bullish market thesis could be invalidated. Such a scenario could lead to even lower price levels for DOGE.
然而,重要的是要記住,並非市場上的所有情況都是正面的。許多投資者可能會出售他們的 DOGE 以實現利潤,這可能會導致價格下跌。特別是,如果價格跌破 0.0817 美元,看漲市場論點可能會失效。這種情況可能會導致 DOGE 的價格水準更低。
Investors Should Keep an Eye on These Levels
投資者應密切關注這些水平
An important level for Dogecoin investors to watch is the $0.0752 level. If the DOGE price falls below this, a larger correction could likely begin.
狗狗幣投資者值得關注的一個重要水準是 0.0752 美元水準。如果 DOGE 價格跌破此水平,則可能會開始更大幅度的調整。
Investors still remember Dogecoin as one of the star altcoins during its 2021 rally and dream of a similar movement in the future. While a meteoric move like that period may not be on the horizon, the enthusiasm among investors could still enable a rally to form.
投資者仍然記得狗狗幣是 2021 年上漲期間的明星山寨幣之一,並夢想未來出現類似的走勢。儘管像那個時期的快速波動可能不會出現,但投資人的熱情仍可能促成反彈的形成。
Cryptocurrency DOGE’s price at the time of writing is at $0.085. The $0.1 level has long been a key resistance for DOGE. Breaking this level could be significant for investors, who suggest that a rally could start after surpassing this threshold.
截至撰寫本文時,加密貨幣 DOGE 的價格為 0.085 美元。 0.1 美元水準長期以來一直是 DOGE 的關鍵阻力位。突破這個水準對投資人來說可能意義重大,他們認為突破這個門檻後可能會開始反彈。
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