Market fluctuations continue and after the BTC price dropped to $27,200 levels, it climbed back to $27,500. The recovery in price is not benefiting altcoins as they continue to hit new lows due to similar movements that have been going on for a long time.

市场波动持续，BTC价格跌至27,200美元水平后又回升至27,500美元。价格的复苏并没有使山寨币受益，因为由于类似的走势已经持续很长时间，它们继续创下新低。

Current DOGE Comments

当前 DOGE 评论

We previously mentioned that the price held at $0.06 due to support from futures. According to Coinalyze data at the time of writing, there is an open position of $222 million, with a 4.27% decrease in the last 24 hours. In addition, we saw liquidation of $1.7 million. We can say that the support is about to be lost as the price drops to $0.058.

我们之前提到过，由于期货的支撑，价格保持在 0.06 美元。截至撰写本文时的 Coinalyze 数据显示，未平仓头寸为 2.22 亿美元，过去 24 小时内减少了 4.27%。此外，我们还发现 170 万美元的清算金额。我们可以说，随着价格跌至 0.058 美元，支撑即将失去。

Due to miner sales, DOGE price is losing the critical price zone as the support in futures erodes. This situation may trigger a journey to deeper lows as previously mentioned.

由于矿工抛售，随着期货支撑的削弱，DOGE 价格正在失去关键价格区域。正如前面提到的，这种情况可能会引发更深的低点。

Due to the fluctuations in BTC price, altcoins are eroding and BTCD has climbed to 50.3%. This increase is unfavorable for other cryptocurrencies, especially DOGE. Despite a 60% increase in cumulative trading volume, the volume is at $27 billion. The increase in BTC volume has exceeded 150%, but considering the price decline, we can say that it is supported by sellers.

由于BTC价格波动，山寨币受到侵蚀，BTCD已攀升至50.3%。这种增长对其他加密货币不利，尤其是 DOGE。尽管累计交易量增长了 60%，但交易量仍达到 270 亿美元。 BTC成交量增幅已超过150%，但考虑到价格下跌，可以说是受到了卖家的支持。

Will Dogecoin Rise?

狗狗币会上涨吗？

With the price of oil climbing back to $88 and concerns rising due to geopolitical issues, it would be quite surprising for cryptocurrencies, especially meme coins like DOGE, to experience a price increase. The price of Dogecoin is losing the $0.059 support. If it continues to close below this level, investors may see deeper lows of $0.055 and $0.05.

随着石油价格回升至 88 美元，以及地缘政治问题引发的担忧加剧，加密货币，尤其是像 DOGE 这样的模因币，价格上涨将是相当令人惊讶的。狗狗币的价格正在失去 0.059 美元的支撑位。如果继续收于该水平下方，投资者可能会看到更深的低点 0.055 美元和 0.05 美元。

With the start of Bitcoin‘s price decline, if a large selling wave comes, DOGE could drop to $0.035, which is the 2023 bottom for investors. The ongoing conflicts between Israel and Palestine, as well as previously announced production supply cuts, are pushing up oil prices and strengthening concerns about inflation. And yes, there is an indirect connection between the decline in DOGE and the price of oil.

随着比特币价格开始下跌，如果出现大规模抛售潮，DOGE 可能会跌至 0.035 美元，这对投资者来说是 2023 年的底部。以色列和巴勒斯坦之间持续不断的冲突，以及此前宣布的减产，正在推高油价并加剧对通胀的担忧。是的，DOGE 的下跌与石油价格之间存在间接联系。

This zone was also visited on August 17th. If the daily closing is not below the horizontal support level of $0.06, there is hope for DOGE investors.

8 月 17 日也访问了该区域。如果日收盘价不低于 0.06 美元的水平支撑位，DOGE 投资​​者还有希望。

继续阅读：https://en.coin-turk.com/current-doge-comments-will-dogecoin-rise/