Dogecoin Consolidation: Symmetrical Triangle Signals Potential Reversal

狗狗币盘整：对称三角形信号潜在反转

Dogecoin (DOGE) has witnessed a significant downturn in the wake of Bitcoin's post-halving correction. Over the past five days, Dogecoin has declined by 11.17%, falling from a peak of $0.164 to $0.146.

在比特币减半后的调整之后，狗狗币（DOGE）出现了大幅下滑。过去五天，狗狗币下跌了 11.17%，从峰值 0.164 美元跌至 0.146 美元。

Despite this decline, market indicators suggest a potential reversal. Dogecoin's price is currently testing crucial monthly support within a symmetrical triangle pattern. This pattern has emerged from the convergence of two trendlines on the daily chart, indicating a period of consolidation.

尽管出现下滑，但市场指标表明可能出现逆转。狗狗币的价格目前正在对称三角形模式内测试关键的每月支撑位。这种模式是从日线图上两条趋势线的汇聚中出现的，表明一段时期的盘整。

At its current price of $0.145, Dogecoin has demonstrated resilience at the lower trendline of the triangle, as evidenced by a notable rejection characterized by a long-tail formation. Such instances have historically served as pivotal moments for bullish reversals, attracting significant interest from potential buyers.

以当前 0.145 美元的价格计算，狗狗币在三角形较低趋势线处表现出了弹性，以长尾形态为特征的明显拒绝就证明了这一点。从历史上看，此类情况一直是看涨逆转的关键时刻，吸引了潜在买家的浓厚兴趣。

Market data analysis reveals a divergence in wallet activity between Bitcoin and altcoins like Dogecoin.

市场数据分析揭示了比特币和狗狗币等山寨币之间的钱包活动存在差异。

The total amount of non-empty #Bitcoin wallets are rapidly growing despite choppy prices. #Altcoin wallets for assets like #Dogecoin have flattened after enormous rises earlier this year. #Cardano is one of the few networks to see active wallets drop. https://t.co/itg9qMes7c pic.twitter.com/yrOlEQw3jy— Santiment (@santimentfeed) April 27, 2024

尽管价格波动，非空#Bitcoin 钱包的总量仍在快速增长。 #Dogecoin 等资产的 #Altcoin 钱包在今年早些时候大幅上涨后已经趋于平缓。 #Cardano 是少数几个出现活跃钱包下降的网络之一。 https://t.co/itg9qMes7c pic.twitter.com/yrOlEQw3jy — Santiment (@santimentfeed) 2024 年 4 月 27 日

While the number of active non-empty Bitcoin wallets continues to rise, indicating sustained interest in the flagship cryptocurrency despite its inherent volatility, altcoin wallets, particularly those associated with Dogecoin, have experienced a plateau in activity following earlier spikes in the year.

虽然活跃的非空比特币钱包数量持续增加，表明尽管其固有的波动性，但人们对旗舰加密货币的持续兴趣，但山寨币钱包，特别是与狗狗币相关的钱包，在今年早些时候的高峰之后经历了活动的平台期。

For Dogecoin to establish a definitive trend, a breakout from either of the triangle's boundaries is essential. A potential upward breakout could accelerate buying momentum and propel the asset toward $0.2.

对于狗狗币来说，要建立明确的趋势，突破三角形的任何一个边界都是至关重要的。潜在的向上突破可能会加速购买势头，并将资产推向 0.2 美元。

Read also:

另请阅读：

• Polygon Primed for a Major Rally After Triangle Breakout
• XRP's Next Move: Analysts Eye Major Breakout Amidst Consolidation
• Cardano: Impending Breakout Signals High Stakes for Investors!
• XRP: Analyst Predicts Massive Surge to $8, Marking 1,300% Jump!
• Polygon Makes Bullish Triangle, Gets 20% Surge in 7 Days

The post Dogecoin Consolidation: Symmetrical Triangle Signals Potential Reversal appeared first on Crypto News Land.

Polygon 准备在三角形突破后大幅反弹XRP 的下一步行动：分析师在盘整中关注重大突破Cardano：即将发生的突破预示着投资者的高风险！XRP：分析师预测将大幅飙升至 8 美元，标志着 1,300％ 的跳跃！Polygon 形成看涨三角形，飙升 20％ 7 天后狗狗币整合：对称三角形信号潜在反转的帖子首先出现在加密新闻土地上。