Despite last week’s bearish setting, top cryptocurrencies like Dogecoin (DOGE) and eCash (XEC) recorded impressive gains. Polygon (MATIC), however, underperformed.
儘管上週市場看跌,但狗狗幣 (DOGE) 和 eCash (XEC) 等頂級加密貨幣仍錄得令人印象深刻的漲幅。然而,Polygon (MATIC) 表現不佳。
The global cryptocurrency market cap lost $140 billion in valuation, dropping to $2.49 trillion as of Sunday, Match 24.
截至週日第 24 場比賽,全球加密貨幣市值損失了 1,400 億美元,跌至 2.49 兆美元。
Here’s a look back at the current events involving this week’s top cryptocurrencies.
以下是本週涉及頂級加密貨幣的時事回顧。
DOGE breaks multi-week downtrend
DOGE突破多周下跌趨勢
Dogecoin began this week with a bearish footing, witnessing a combined 17.16% drop on March 18 and 19. With this discouraging decline, the cryptocurrency slipped from the $0.15 price territory to retest the early March lows at $0.1252.
狗狗幣本週開始處於看跌狀態,3 月18 日至19 日累計下跌17.16%。隨著這一令人沮喪的下跌,該加密貨幣從0.15 美元的價格區域滑落,重新測試3 月初的低點0.1252 美元。
While this bearish extended to the third day of the week, DOGE quickly turned the tide with a recovery campaign as the broader market showed remarkable strength. The crypto asset eventually reclaimed the $0.15 psychological price threshold, closing March 20 with an impressive 18.06% gain.
雖然這種看跌持續到了本週的第三天,但隨著大盤表現出非凡的強勢,DOGE 很快就透過復甦行動扭轉了局勢。該加密資產最終收復 0.15 美元的心理價格門檻,3 月 20 日收盤,漲幅高達 18.06%,令人印象深刻。
Despite the rest of the market witnessing a correction in the days that followed, DOGE retained its uptrend, rallying to a weekly high of $0.1597, as it made a push toward breaking above the downward trend line that has served as resistance to its upsurge throughout this month. This upsurge coincided with Coinbase’s move to extend DOGE futures trading.
儘管市場其他部分在接下來的幾天裡出現了調整,但 DOGE 仍保持了上升趨勢,反彈至每周高點 0.1597 美元,因為它推動突破了下行趨勢線,該線一直是其上漲的阻力。月。這一熱潮與 Coinbase 擴大 DOGE 期貨交易的舉措同時發生。
Dogecoin slipped into the downtrend when it dropped from the March 5 high of $0.2064. The asset first aimed to breach the trend line on March 14, but faced opposition that made this push unsuccessful. However, the latest attempt appears to have yielded good results.
當狗狗幣從 3 月 5 日的高點 0.2064 美元下跌時,就陷入了下跌趨勢。該資產於 3 月 14 日首次旨在突破趨勢線,但遭到反對,導致這項推動未能成功。不過,最新的嘗試似乎取得了良好的效果。
DOGE breached the downtrend on March 24 but faced a drop that saw it retest the trend line to establish robust support. Following this retest, the token pushed above the trend line with confidence, as it changed hands at the $0.17 territory.
DOGE 於 3 月 24 日突破下降趨勢,但隨後遭遇下跌,重新測試趨勢線以建立強勁支撐。經過這次重新測試,該代幣信心十足地突破了趨勢線,在 0.17 美元的區域易手。
Dogecoin is up 11.5% this week when the rest of the market witnesses bearish trends.
當市場其他部分呈現看跌趨勢時,狗狗幣本週上漲了 11.5%。
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MATIC drops below $1 amid 9% decline
MATIC 跌破 1 美元,跌幅達 9%
Polygon followed the trend of the broader market, shedding $1.1 billion from its market cap amid a decline that saw it break below pivotal psychological support levels.
Polygon 跟隨大盤趨勢,在跌破關鍵心理支撐位的過程中,其市值縮水 11 億美元。
Like Dogecoin and the rest of the market, Polygon started the week on unfavorable grounds, recording two days of consecutive losses on March 18 and 19, with a combined loss of 14.87%. MATIC eventually gave up the $1 territory amid this decline, closing March 19 at $0.9317.
與狗狗幣和市場其他幣種一樣,Polygon 本週開盤不利,3 月 18 日和 19 日連續兩天下跌,總跌幅達 14.87%。 MATIC 最終在這次下跌中放棄了 1 美元的區域,3 月 19 日收於 0.9317 美元。
The next day introduced some good fortunes, as the asset leveraged the market-wide recovery to reclaim the $1 price. However, the days that followed marked the difference between Polygon and Dogecoin. The former dropped with the rest of the market over the next two days, forfeiting the $1 threshold.
第二天帶來了一些好運,因為該資產利用整個市場的復甦來恢復 1 美元的價格。然而,接下來的日子標誌著 Polygon 和狗狗幣之間的區別。在接下來的兩天裡,前者與市場其他股票一起下跌,失去了 1 美元的門檻。
MATIC is now looking to again recover this territory, but sharp opposition from the bears has slowed down its growth. Despite recording a mild intraday win on March 23, DOGE continues to trade below $1, with a 9.42% decline this week.
MATIC 現在正尋求再次收復這一領域,但空頭的強烈反對已經放慢了其成長速度。儘管 DOGE 在 3 月 23 日盤中小幅上漲,但其交易價格仍低於 1 美元,本週下跌 9.42%。
XEC sees massive 26% intraday gain
XEC 盤中漲幅高達 26%
While eCash followed the trajectory set by Bitcoin for the broader market throughout this week, its turning point came up on March 24, when it recorded its second-highest intraday gain of the year.
儘管 eCash 本週一直遵循比特幣為大盤設定的軌跡,但其轉折點出現在 3 月 24 日,當時它錄得今年第二高的盤中漲幅。
Like the rest of the market, XEC also saw a bearish start to the week, before witnessing a recovery on March 20 in an 11.08% gain. However, the cryptocurrency consolidated between March 22 and 23, while the broader market experienced a second round of selloffs.
與其他市場一樣,XEC 本周也經歷了看跌,但在 3 月 20 日出現復甦,漲幅為 11.08%。然而,加密貨幣在 3 月 22 日至 23 日期間盤整,而大盤則經歷了第二輪拋售。
Amid this consolidation, XEC sternly defended the $0.00005 zone, looking to leverage it for the next run. This plan was successful, as eCash’s price shot up by as much as 26.32% on March 23, allowing the crypto asset to clinch a two-week high of $0.00006919 before seeing a mild correction.
在這次盤整中,XEC 嚴格捍衛了 0.00005 美元區域,並希望利用它進行下一次運行。這項計畫取得了成功,eCash 的價格在 3 月 23 日飆升了 26.32%,使得該加密資產在出現溫和回檔之前達到了兩週高點 0.00006919 美元。
Despite a 2.48% drop today, eCash has retained most of the gains picked up on March 23. The asset has held up well above the $0.00006 threshold, changing hands at $0.00006305 with a 15.2% gain this week.
儘管今天下跌了 2.48%,但 eCash 保留了 3 月 23 日的大部分漲幅。該資產已遠高於 0.00006 美元的門檻,以 0.00006305 美元易手,本週漲幅為 15.2%。
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