You can also read this news on COINTURK NEWS: Insights on Dogecoin’s Price Dynamics and Whale Activity
您也可以在 COINTURK NEWS 上閱讀此新聞:關於狗狗幣價格動態和鯨魚活動的見解
Bitcoin price continues its movement within the range it has been stuck in. The price has tested the bottom and top of this narrow range in the last 24 hours. Failing to sustainably breach $71,500 led to a drop to $68,000. So, what does the current outlook for DOGE indicate? Has DOGE’s price rise come to an end?
比特幣價格繼續在其所陷入的區間內波動。價格在過去 24 小時內測試了這個狹窄區間的底部和頂部。由於未能持續突破 71,500 美元,導致其跌至 68,000 美元。那麼,DOGE 目前的前景顯示什麼? DOGE的漲價已經結束了嗎?
Dogecoin (DOGE)
狗狗幣 (DOGE)
DOGE price recently rose from $0.12 to $0.23. At the time of writing, the price had retreated to the $0.20 support area. BTC fell below $69,000, leading to daily losses nearing 7.5%. Now, let’s examine the current situation on the Dogecoin front by looking at different metrics.
DOGE 價格最近從 0.12 美元上漲至 0.23 美元。截至撰寫本文時,價格已回落至 0.20 美元的支撐區域。 BTC跌破69,000美元,導致日跌幅接近7.5%。現在,讓我們透過不同的指標來檢查狗狗幣方面的當前狀況。
Dogecoin Whales
狗狗幣鯨魚
Whales holding between 10 million and 100 million DOGE have started to decrease their assets. The number of whales increased from 520 to 553 between March 18 and March 30, but within just one day, it fell from 553 to 548. Those holding between 100 million and 1 billion DOGE also decreased from 137 to 133. This largest group of whales had peaked at 140 on March 24.
持有1000萬到1億DOGE的鯨魚已經開始減少資產。 3月18日至3月30日期間,鯨魚數量從520頭增加到553頭,但在短短一天之內,就從553頭減少到548頭。持有1億到10億DOGE之間的鯨魚數量也從137頭減少到133頭。這群最大的鯨魚群體在3月24日達到高峰140。
The notable decline in whales indicates the strength of profit-taking. As the price reached a satisfactory level, whales believed a local peak was set and began selling. The supply on exchanges also contributed to the price decline.
鯨魚數量的顯著下降表明了獲利了結的力量。當價格達到令人滿意的水平時,鯨魚認為當地的峰值已經設定並開始出售。交易所的供應也導致了價格下跌。
ADX and SAR Metrics
ADX 和 SAR 指標
On the four-hour chart, metrics like ADX and SAR suggest that the rise may have come to an end. After indicating an uptrend for a week with price candles positioned below the SAR indicator, it now signals weakness.
在四小時圖表上,ADX 和 SAR 等指標表明上漲可能已經結束。在價格蠟燭位於SAR指標下方顯示一週的上升趨勢後,現在預示著疲軟。
The ADX value of 33.9 also implies that the credibility of the uptrend is weakening. Combined with whale trends, it can be said that DOGE may not continue its move towards $0.30 in the near term.
ADX 值為 33.9 也意味著上升趨勢的可信度正在減弱。結合鯨魚趨勢,可以說DOGE短期內可能不會繼續往0.30美元方向邁進。
DOGE Price Prediction
DOGE價格預測
Since EMAs remain above long-term averages, we are not yet seeing strong signals of a downturn from the technical analysis perspective. However, other indicators suggest that the price may be entering or about to enter a consolidation phase.
由於均線仍高於長期平均水平,從技術分析的角度來看,我們尚未看到強烈的衰退訊號。然而,其他指標表明價格可能正在進入或即將進入盤整階段。
Accordingly, DOGE investors may see the price moving between $0.17 and $0.20 in the coming days. If selling accelerates, DOGE could face the risk of falling to $0.12. Conversely, in the scenario of closing above $0.23, $0.29 could be tested.
因此,DOGE 投資者可能會看到未來幾天價格在 0.17 美元至 0.20 美元之間波動。如果拋售加速,DOGE 可能面臨跌至 0.12 美元的風險。相反,如果收盤價高於 0.23 美元,則可能會測試 0.29 美元。
The post first appeared on COINTURK NEWS: Insights on Dogecoin’s Price Dynamics and Whale Activity
該帖子首次出現在 COINTURK 新聞:關於狗狗幣價格動態和鯨魚活動的見解