Dogecoin Price Tumbles Despite Whale Activity Surge

儘管鯨魚活動激增，狗狗幣價格仍暴跌

Dogecoin has experienced a surge in whale activity, with over 150 transactions exceeding $1 million in the past 24 hours. However, the price has witnessed a sharp decline of 8.71% to $0.1472, amidst high trading volume and bearish sentiment.

狗狗幣的鯨魚活動激增，過去 24 小時內超過 100 萬美元的交易超過 150 筆。然而，在高交易量和看跌情緒的影響下，價格大幅下跌 8.71% 至 0.1472 美元。

Technical Analysis

技術分析

• Key Support: $0.1430
• Key Resistance: $0.1612

Price Trend

關鍵支撐位：0.1430美元關鍵阻力位：0.1612美元價格趨勢

Dogecoin's price has shown significant volatility in the short term. After starting at approximately $0.1612, it plummeted to a low of $0.1430 before rebounding slightly to $0.1472. The rapid price drop indicates substantial selling pressure.

狗狗幣的價格在短期內表現出明顯的波動。從約 0.1612 美元開始，暴跌至 0.1430 美元低點，然後小幅反彈至 0.1472 美元。價格快速下跌表示拋售壓力巨大。

Support and Resistance Levels

支撐位和阻力位

• Support Level: $0.1430, representing the recent low. If breached, the price could drop to $0.1420.

• Resistance Levels:

  支撐位：0.1430 美元，代表近期低點。如果突破，價格可能會跌至 0.1420 美元。

  • $0.1612, serving as a significant resistance point before the decline.
  • $0.1580 to $0.1590, indicating minor resistance where the price briefly consolidated.

Technical Indicators

0.1612 美元，作為下跌前的重要阻力點。

• RSI: At 40.67, suggesting oversold conditions.
• MACD: Below the signal line, indicating a short-term bearish trend.

Despite the high whale activity, Dogecoin's price has fallen. The technical analysis suggests that the price could face further downward pressure if the key support level of $0.1430 is breached.

RSI：位於40.67，顯示超賣狀況。技術分析表明，如果突破 0.1430 美元的關鍵支撐位，價格可能面臨進一步下行壓力。

Source: CryptoTale

來源：CryptoTale