Developments in the cryptocurrency market continue at full speed. Recently, Bitcoin, which rose to the level of $38,000, lost $2,000 in value in the last few hours. At the time of writing this article, Bitcoin is trading at $36,378. While this development has caused a decline in many altcoins, what is happening in the Dogecoin camp? Let’s take a look together.
加密貨幣市場持續全速發展。最近,比特幣價格上漲至 38,000 美元,在過去幾個小時內貶值了 2,000 美元。在撰寫本文時,比特幣交易價格為 36,378 美元。雖然這種發展導致許多山寨幣下跌,但狗狗幣陣營正在發生什麼?我們一起來看看吧。
Dogecoin Chart Analysis
狗狗幣圖表分析
The first notable formation in the Dogecoin daily chart is the descending wedge structure. With the recent rise, the resistance line in this formation acted as support for DOGE today. Additionally, the fact that the EMA 200 level (red line) served as support during the decline is a positive development worth noting for DOGE.
狗狗幣日線圖中第一個值得注意的形態是下降楔形結構。隨著近期的上漲,該形態中的阻力線成為今日 DOGE 的支撐。此外,200 指數移動平均線(紅線)在下跌期間充當支撐這一事實對於 DOGE 來說是一個值得注意的積極進展。
The support levels that need to be followed for DOGE are respectively; $0.07149, $0.06742, and $0.06521. Especially, the break of the $0.07149 level would cause DOGE’s price to enter the formation zone and weaken the upward momentum. In such a case, the first target would be the EMA 200 level, and the second target would be the formation support line.
DOGE需要遵循的支撐位分別是: 0.07149 美元、0.06742 美元和 0.06521 美元。特別是,突破0.07149美元水準將導致DOGE的價格進入形成區並削弱上漲動力。在這種情況下,第一個目標將是 200 EMA 水平,第二個目標將是形成支撐線。
The resistance levels that need to be considered for DOGE are respectively; $0.07662, $0.08038, and $0.08422. Especially, the daily bar closing above the stubborn $0.076662 level in recent days will ensure the continuation of the upward momentum for DOGE.
DOGE需要考慮的阻力程度分別是: 0.07662 美元、0.08038 美元和 0.08422 美元。特別是,最近幾天收盤於 0.076662 美元的頑強水平上方的日線柱將確保 DOGE 的上行勢頭持續下去。
DOGE/ETH Chart Analysis
DOGE/ETH 圖表分析
The DOGE/ETH pair’s daily chart draws attention to the support line that has been in effect since August. The pair, which gained strength from the support in the early days of November, continues its upward trend by closing above the EMA 200 average (red level). The recent loss of momentum in recent days can be a cause for concern for many investors.
DOGE/ETH 貨幣對的日線圖引起人們對自 8 月以來一直有效的支撐線的關注。該貨幣對從 11 月初的支撐位中獲得強勢,收於 200 EMA 均線(紅色水平)上方,繼續其上升趨勢。最近幾天的勢頭喪失可能引起許多投資者的擔憂。
The support levels that need to be followed for DOGE/ETH are respectively; 0.0000390, 0.0000385, and 0.0000380. Especially, if a bar closes below the 0.0000385 level, it will lead to a further acceleration of the downward momentum by staying below the EMA 7, EMA 21, and EMA 200 levels, and in this case, DOGE will continue to lose value against Ethereum.
DOGE/ETH 需要遵循的支撐位分別是: 0.0000390、0.0000385 和 0.0000380。特別是,如果一根柱線收在 0.0000385 水平以下,則停留在 EMA 7、EMA 21 和 EMA 200 水平下方,將導致下行勢頭進一步加速,在這種情況下,DOGE 將繼續對以太坊貶值。
The resistance levels that need to be considered for DOGE/ETH are respectively; 0.000041, 0.000042, and 0.000043. If the daily bar closing above the unbeatable 0.000041 level occurs, it will accelerate the upward momentum and cause DOGE to gain value against Ethereum.
DOGE/ETH需要考慮的阻力位分別是: 0.000041、0.000042 和 0.000043。如果日線收盤價高於無與倫比的 0.000041 水平,則將加速上漲勢頭,並導致 DOGE 相對於以太坊獲得價值。
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