,You can also read this news on COINTURK NEWS: Bitcoin Drops Below $65,000 as Altcoins Start to Lose Gains
Bitcoin has dropped below $65,000 once more, and altcoins are beginning to lose gains exceeding 5%. The continuation of this volatile trend is unsurprising, given the uncertainty surrounding the level of rejection the SEC will issue for Ether ETF applications next week. Investors are closely monitoring the decision, as the SEC wages a war on crypto enforcement. So, what are the predictions for DOGE?
Dogecoin (DOGE)
Despite a significant attempt, DOGE, the largest meme coin by market value, encountered a barrier due to BTC's price weakness. Nonetheless, it continues to hold the $0.15 level. Whales have been actively accumulating DOGE recently. Addresses holding between 10 million and 100 million DOGE accumulated 500 million DOGE last week. These whales, who have increased their supply to 17.57 billion, have amassed over $77 million.
Whales, who are accumulating strongly rather than selling, believe prices will rise. However, the decline in active addresses slightly dampens this appetite. The weakening activity on the network is a concerning detail for the short- and medium-term future of the price. Indeed, in the last two months, the number of average addresses transacting on the Dogecoin network has dropped by over 20%.
The average active addresses, which have fallen from 67,000 to 52,000, do not favor the bulls, especially considering the current BTC negativity. This deviation indicates a possible price drop.
DOGE Price Prediction
Dogecoin's current price, hovering at $0.15, indicates a 2% decline. The price, which avoided a major drop after escaping the death cross last week, is prevented from rapid sales by maintaining $0.15 as support. If the bulls cannot surpass $0.17 and turn it into support again, we may see the price stuck in this narrow range for a longer period.
In an optimistic scenario, the target is a rally attempt to $0.2 for a bigger peak. However, the likely scenario for DOGE, as suggested by BTC losses, is a continued series of sales towards $0.14 and $0.12 supports. If losses continue, we could see a drop to $0.08.
At the time of writing, Bitcoin's price was at $64,900, while Ethereum had fallen below $3,000 again.
The post first appeared on COINTURK NEWS: Bitcoin Drops Below $65,000 as Altcoins Start to Lose Gains
,您还可以在 COINTURK NEWS 上阅读此新闻:比特币跌破 65,000 美元,山寨币开始失去收益 比特币再次跌破 65,000 美元,山寨币开始损失超过 5% 的涨幅。鉴于美国证券交易委员会下周对以太坊 ETF 申请的拒绝程度存在不确定性,这种波动趋势的持续并不令人意外。随着美国证券交易委员会对加密货币执法发起一场战争,投资者正在密切关注这一决定。那么,对 DOGE 的预测是什么? 狗狗币 (DOGE) 尽管做出了重大尝试,但市值最大的模因币 DOGE 由于 BTC 价格疲软而遇到了障碍。尽管如此,它仍然保持在 0.15 美元的水平。鲸鱼最近一直在积极积累 DOGE。上周,持有 1000 万至 1 亿 DOGE 的地址累计持有 5 亿 DOGE。这些鲸鱼的供应量已增加到 175.7 亿只,已积累了超过 7700 万美元。鲸鱼正在大力积累而不是出售,他们相信价格将会上涨。然而,活跃地址的下降略微抑制了这种兴趣。网络上的活动疲软是短期和中期价格未来的一个令人担忧的细节。事实上,在过去两个月里,狗狗币网络上的平均交易地址数量下降了超过 20%。平均活跃地址从 67,000 个下降到 52,000 个,这对多头不利,特别是考虑到当前 BTC 的负面影响。这种偏差表明价格可能会下跌。DOGE 价格预测Dogecoin 的当前价格徘徊在 0.15 美元,表明下跌 2%。该价格在上周逃离死亡交叉后避免了大幅下跌,但通过维持 0.15 美元的支撑位阻止了快速抛售。如果多头无法突破 0.17 美元并再次将其转变为支撑位,我们可能会看到价格在较长时间内陷入这个窄幅区间。在乐观的情况下,目标是尝试反弹至 0.2 美元以获得更大的峰值。然而,正如 BTC 损失所示,DOGE 可能出现的情况是持续向 0.14 美元和 0.12 美元的支撑位抛售。如果继续亏损,我们可能会看到价格跌至 0.08 美元。在撰写本文时,比特币的价格为 64,900 美元,而以太坊已再次跌破 3,000 美元。这篇文章首先出现在 COINTURK 新闻上:随着山寨币开始失去收益,比特币跌破 65,000 美元