Investors Scrutinize Trends in Key Altcoins

投資者密切關注主要山寨幣的趨勢

Recent market fluctuations have sparked concerns among altcoin investors, who witnessed a precipitous decline in November 2022. However, historical data provides cautious optimism, indicating that markets typically rebound from such lows. Despite hopes for a recovery in 2024, the past six months have presented setbacks.

最近的市場波動引發了山寨幣投資者的擔憂，他們見證了 2022 年 11 月的急劇下跌。儘管人們預計在 2024 年實現復甦，但過去六個月卻出現了挫折。

Dogecoin (DOGE)

狗狗幣 (DOGE)

A year ago, the notion of DOGE trading below $0.1 by late August 2024 would have been met with disbelief. However, cryptocurrencies have endured a protracted period of decline, with prolonged negativity and profit-taking at elevated levels contributing to selling pressure.

一年前，人們對 DOGE 的交易價格到 2024 年 8 月下旬跌破 0.1 美元的想法感到難以置信。然而，加密貨幣經歷了長期的下跌，長期的負面情緒和較高的獲利了結加劇了拋售壓力。

At the time of writing, DOGE trades near $0.0984. Previous analysis suggested the possibility of a decline to $0.093, with further support at $0.088. A recovery would require establishing support above $0.13 and $0.18. Notably, Bitcoin's (BTC) recovery to $70,000 is crucial for altcoin resurgence.

截至撰寫本文時，DOGE 交易價格接近 0.0984 美元。先前的分析表明，有可能跌至 0.093 美元，進一步支撐位為 0.088 美元。復甦需要在 0.13 美元和 0.18 美元上方建立支撐。值得注意的是，比特幣 (BTC) 恢復至 70,000 美元對於山寨幣的復甦至關重要。

PEPE Coin Outlook

PEPE幣展望

Recently, large investors have expressed interest in PEPE Coin, which is relatively well-positioned compared to other meme coins. A close above $0.00000697 indicates a potential for upward movement. However, a loss of support below $0.00000473 could dampen hopes for the year.

最近，大型投資者對 PEPE 幣表示了興趣，與其他 meme 幣相比，PEPE 幣的定位相對有利。收盤價高於 0.00000697 美元表明有可能上漲。然而，跌破 0.00000473 美元的支撐可能會削弱今年的希望。

Bullish sentiment for PEPE Coin will focus on reestablishing support at $0.00001074. Technical levels remain relatively unchanged across many altcoins, raising concerns about the potential for further declines.

PEPE 幣的看漲情緒將集中在重新建立 0.00001074 美元的支撐位上。許多山寨幣的技術水平保持相對不變，引發了人們對進一步下跌潛力的擔憂。

LUNA Coin Future

露娜幣未來

In the long term, LUNA Coin faces significant obstacles. Management is facing legal challenges, and the token has minimal upside potential in the intensifying competition.

從長遠來看，LUNA Coin 面臨重大障礙。管理層正面臨法律挑戰，而且該代幣在日益激烈的競爭中上漲潛力微乎其微。

Possible targets for LUNA Coin include a new low below its previous low (ATL) of $0.25. Maintaining support at $0.314 could prevent an ATL attempt. For recovery, support needs to be established at $0.44 and $0.55. However, given the weak risk appetite in altcoins, a speculative rise in the short term is unlikely.

LUNA 幣的可能目標包括低於先前低點 (ATL) 0.25 美元的新低點。維持 0.314 美元的支撐位可能會阻止 ATL 嘗試。為了實現復甦，需要在 0.44 美元和 0.55 美元建立支撐。然而，鑑於山寨幣風險偏好疲軟，短期內投機性上漲的可能性不大。