You can also read this news on COINTURK NEWS: Dogecoin Faces Challenges in the Meme Coin Market
您还可以在 COINTURK NEWS 上阅读此新闻:狗狗币在 Meme 币市场面临挑战
Dogecoin‘s rise last month might disappear as the downtrend continues to overshadow any upward trends. Notably, Dogecoin‘s growth was remarkable in the generally declining meme coin market. However, fundamental indicators still show that bears are in control of the market, suggesting that Dogecoin’s gains could be quickly erased.
由于下跌趋势继续掩盖任何上涨趋势,狗狗币上个月的上涨可能会消失。值得注意的是,在普遍下滑的迷因币市场中,狗狗币的增长非常显着。然而,基本面指标仍然显示空头控制着市场,这表明狗狗币的涨幅可能会很快被抹去。
Dogecoin Stands Out in the Meme Coin Field
狗狗币在 Meme 币领域脱颖而出
According to the latest report by IntoTheBlock, Dogecoin (DOGE) was the only leading meme coin to record gains last month despite the downturn in the meme coin market. Data providers on the blockchain indicate that DOGE‘s price increased by 4.43% over the last 30 days, while other leading meme coins like Pepe (PEPE) and Shiba Inu (SHIB) saw declines of 33% and 25.28%, respectively.
根据 IntoTheBlock 的最新报告,尽管模因币市场低迷,狗狗币(DOGE)是上个月唯一录得涨幅的领先模因币。区块链上的数据提供商表明,DOGE 的价格在过去 30 天内上涨了 4.43%,而 Pepe (PEPE) 和 Shiba Inu (SHIB) 等其他领先的 meme 币的价格分别下跌了 33% 和 25.28%。
However, the sustainability of these gains for Dogecoin appears doubtful. According to data, DOGE’s price has fallen by 6% in the last 24 hours, reflecting the overall market downturn. Meanwhile, the total value of the cryptocurrency market also dropped by 2.38% during the same period.
然而,狗狗币这些收益的可持续性似乎令人怀疑。数据显示,DOGE的价格在过去24小时内下跌了6%,反映出市场整体低迷。与此同时,加密货币市场总价值同期也下跌了2.38%。
Technical Indicators Are Negative for Dogecoin
技术指标对狗狗币不利
Technical indicators are also not favorable for Dogecoin. Key technical indicators, especially the Moving Average Convergence Divergence (MACD), indicate that the downtrend is still ongoing. Since the MACD line has remained below the signal line, it suggests that the momentum is in a downtrend.
技术指标也不利于狗狗币。关键技术指标,特别是移动平均线收敛分歧(MACD),表明下降趋势仍在持续。由于MACD线仍位于信号线下方,表明动量处于下降趋势。
Moreover, since the negative direction index (red) has positioned above the positive index (green), it seems like Dogecoin’s sellers are regaining control of the market. This could be interpreted as a sign of a potential downward movement.
此外,由于负向指数(红色)位于正向指数(绿色)上方,狗狗币的卖家似乎正在重新控制市场。这可以被解释为潜在下行趋势的迹象。
CMF Metric Also Points to a Decline
CMF 指标也出现下降
The Chaikin Money Flow (CMF) indicator is also not promising for the cryptocurrency Dogecoin. The CMF shows a negative value, indicating an increase in liquidity outflows, which highlights the market’s weakness.
Chaikin 资金流向(CMF)指标对于加密货币狗狗币来说也并不乐观。 CMF呈现负值,表明流动性流出增加,凸显市场疲软。
In conclusion, although Dogecoin’s rise last month was notable, the current indicators and market conditions suggest that the sustainability of these gains is doubtful. Investors should be cautious about the future of Dogecoin and closely monitor market developments. As of writing, DOGE is trading at $0.14.
总而言之,尽管狗狗币上个月的涨幅引人注目,但目前的指标和市场状况表明,这些涨幅的可持续性值得怀疑。投资者应对狗狗币的未来持谨慎态度,并密切关注市场动态。截至撰写本文时,DOGE 的交易价格为 0.14 美元。
The post first appeared on COINTURK NEWS: Dogecoin Faces Challenges in the Meme Coin Market
该帖子首次出现在 COINTURK 新闻:狗狗币在 Meme 币市场面临挑战