Dogecoin's price has struggled to break above $0.20 since its decline in late February. Currently trading at $0.1754, it's down 4% in the last 24 hours. Market uncertainty has hampered upward momentum, despite increased on-chain activity.
自2月下旬下降以来,Dogecoin的价格一直在努力达到0.20美元。 目前的交易价格为0.1754美元,在过去24小时内下跌了4%。 尽管链活动增加了,市场不确定性仍阻碍了向上的动力。
A significant transfer of 360,000,000 DOGE tokens (worth $62.67 million) was recorded, moving from an unknown wallet to Binance, according to Whale Alert. Such large transfers to exchanges often precede selling, potentially increasing supply and putting downward pressure on the price. However, this doesn't guarantee an immediate price drop; the funds could be for safekeeping or future trading. Market watchers are closely monitoring Binance's DOGE trading activity for signs of selling pressure.
根据Whale Alert的数据,记录了360,000,000个Doge代币(价值6267万美元)的大量转移,从一个未知的钱包转移到了binance。 如此大的交流转移通常是在销售之前,可能增加供应并向价格下降压力。 但是,这不能保证立即价格下跌;资金可能用于保管或未来交易。 市场观察者正在密切监视Binance的Doge交易活动,以征收销售压力的迹象。
Meanwhile, Dogecoin network activity has surged. Active wallet usage increased by 270% in a single day, rising from 71,750 to 264,000. This spike could be attributed to new investors, large transactions, or increased speculative trading. While this increased on-chain activity is generally positive, it hasn't yet translated into a higher DOGE price.
同时,Dogecoin网络活动激增。活跃的钱包使用时间在一天内增加了270%,从71,750增加到264,000。这种尖峰可以归因于新的投资者,大型交易或增加投机交易。 尽管这种增加的链链活动通常是积极的,但尚未转化为更高的门票价格。
Historically, Dogecoin has shown a pattern of price drops followed by significant upward trends. Since October 2022, three major price retracements preceded substantial price increases. The recent December 2024 correction, mirroring previous declines, saw a 66% drop. Past instances included a 64% drop in October 2022 followed by a 300% increase, and a 64% drop in March 2024 leading to a 500% increase. Despite this correction being deeper than previous ones, historical patterns suggest a potential breakout and a possible price surge towards $1.
从历史上看,Dogecoin表现出价格下降的模式,随后是显着的上升趋势。 自2022年10月以来,三个主要的价格回购的价格大幅上涨。 最近的2024年12月的更正反映了先前的下降,下降了66%。 过去的实例包括2022年10月下降64%,随后增加了300%,2024年3月下降了64%,导致500%增加。 尽管这种更正比以前更深,但历史模式表明,潜在的突破和可能的价格上涨至1美元。
Dogecoin is currently facing resistance levels on its weekly price chart. Historically, breaking through these resistance levels and establishing them as support has led to significant price increases. Similar patterns were observed in 2014-2017 and 2018-2021, with breakouts resulting in substantial price appreciation. Dogecoin recently tested its 2021 breakout point (now acting as support). Maintaining a price above this level could trigger another upward movement, potentially pushing DOGE towards $1.
Dogecoin目前在其每周价格表中面临阻力水平。 从历史上看,突破这些阻力水平并将其确定为支持,导致了大幅上涨。 在2014 - 2017年和2018-2021中观察到了类似的模式,突破导致了大量的价格升值。 Dogecoin最近测试了其2021年突破点(现在充当支持)。 保持高于此水平的价格可能会引发另一个向上的运动,可能会将Doge推向1美元。
The post Assessing the Odds of a Dogecoin Price Rally to $1 Amid 360M DOGE Transfer appeared first on The Coin Republic.
评估Dogecoin价格集会的几率至3.6亿美元转移的几率首先出现在Coin Republic上。