The post Memecoins Lose Momentum: Dogecoin (DOGE) and Shiba Inu (SHIB) Prices Plunge Aiming to Hit the Lower Support appeared first on Coinpedia Fintech News
Memecoins 失去動力:Dogecoin (DOGE) 和 Shiba Inu (SHIB) 價格暴跌旨在觸及較低支撐位的帖子首先出現在 Coinpedia 金融科技新聞上
While Bitcoin started the week with a fine consolidation that it carried out throughout the weekend. Besides, the altcoins continue to suffer and have been corrected majorly, displaying the impending bearish actions. Among them are the popular memecoins Dogecoin and Shiba Inu which have been registered as the biggest losers for the day. When the Bitcoin price remains stuck around $27,800, will these tokens test the lower support?
比特幣在本週伊始就進行了整個週末的良好盤整。此外,山寨幣繼續遭受損失並已大幅修正,顯示出即將出現的看跌行動。其中包括流行的迷因幣狗狗幣和柴犬,它們已被登記為當天最大的輸家。當比特幣價格保持在 27,800 美元附近時,這些代幣是否會測試較低的支撐位?
Dogecoin (DOGE) Price Analysis
狗狗幣 (DOGE) 價格分析
Dogecoin has pulled a fresh leg down and is testing the pivotal support zone between $0.567 and $0.571 for the third time in 2023. The DOGE price has been trading within a descending triangle ever since it faced a huge rejection in the last quarter of 2022. Now that the price is approaching the apex of the bearish pattern, the possibility of a major price action appears imminent.
狗狗幣再次下跌,正在 2023 年第三次測試 0.567 美元至 0.571 美元之間的關鍵支撐區域。自從 2022 年最後一個季度遭遇巨大拒絕以來,狗狗幣價格一直在下降三角形內交易。如果價格正在接近看跌形態的頂點,則重大價格走勢的可能性似乎迫在眉睫。
Although the technicals do not point towards a bullish reversal, the bulls appear to be gaining some strength. The average directional index (ADX), which is used to determine the strength of the trend, is trying to rebound from its interim lows. It indicates the rally is closer to gaining momentum and may trigger a rebound in the next few hours. Now that the price has reached the liquidity zone, a greater possibility of a trend reversal could be witnessed soon and reach beyond $0.6.
儘管技術面並未指向看漲逆轉,但多頭似乎正在獲得一些力量。用於確定趨勢強度的平均方向指數(ADX)正試圖從中期低點反彈。這表明反彈勢頭已接近增強,並可能在未來幾個小時內引發反彈。現在價格已經到達流動性區域,很快就會出現趨勢反轉並突破 0.6 美元的可能性更大。
Shiba Inu (SHIB) Price Analysis
柴犬 (SHIB) 價格分析
Being distinct from the majority of the crypto market, the Shiba Inu price has been maintaining a descending trend since the beginning of the year. The price has been trading within a falling wedge, which suggests a bearish narrative in the long term. However, strong support at $0.00000648 could hinder the descending trend.
與大多數加密貨幣市場不同,柴犬價格自年初以來一直保持下跌趨勢。價格一直在下降楔形內交易,這表明長期看跌。然而,0.00000648 美元的強勁支撐可能會阻礙下降趨勢。
In the coming days, the price is believed to maintain a steep descending trend and test the lower support close to $0.0000065 or below. As the RSI has already reached oversold levels, a flip in these levels may eventually trigger a notable rebound in the SHIB price. As the trade progresses towards the monthly close, a larger possibility of surging above the upper resistance could be pivotal, reaching levels close to $0.000008.
未來幾天,價格預計將維持大幅下跌趨勢,並測試接近 0.0000065 美元或以下的較低支撐位。由於 RSI 已經達到超賣水平,這些水平的翻轉最終可能會引發 SHIB 價格的顯著反彈。隨著交易接近月度收盤,突破上方阻力位的可能性更大,達到接近 0.000008 美元的水平可能至關重要。