Dogecoin (DOGE), the popular meme-inspired cryptocurrency, has recently experienced a notable price decline, breaking below a key support level that had previously acted as resistance. As reported by crypto market analyst MyCryptoParadise.com, this breakdown suggests further downside for DOGE, with the next critical support emerging around $0.0718.
狗狗币（DOGE）是一种流行的受迷因启发的加密货币，最近经历了显着的价格下跌，跌破了之前作为阻力位的关键支撑位。据加密货币市场分析师 MyCryptoParadise.com 报道，这一细分表明 DOGE 进一步下跌，下一个关键支撑位出现在 0.0718 美元附近。
Breaching Crucial Support Signals Loss of Momentum
突破关键支撑意味着动力丧失
The support level that DOGE broke below had “previously served as a resistance barrier,” according to MyCryptoParadise. This indicates that after much effort, DOGE had finally pushed above this price level, turning it into support. However, the recent breakdown back below this level shows a clear loss of bullish momentum.
据 MyCryptoParadise 称，DOGE 跌破的支撑位“之前曾充当阻力位”。这表明，经过多方努力，DOGE终于突破了这一价格水平，将其转变为支撑。然而，最近跌破该水平表明看涨势头明显丧失。
As the analyst explained, “This development suggests a potential further decline in DOGE’s value.” The key area to watch now is the support around $0.0718. This marks the next line of defense for the embattled cryptocurrency.
正如分析师所解释的那样，“这一事态发展表明 DOGE 的价值可能会进一步下跌。”现在需要关注的关键区域是 0.0718 美元附近的支撑位。这标志着陷入困境的加密货币的下一道防线。
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Critical Moment for Dogecoin as Support Level Approaches
随着支撑位逼近，狗狗币的关键时刻
Whether DOGE can stabilize and rebound around $0.0718 is crucial for determining its next major price move. As MyCryptoParadise stated, “Market participants should closely monitor whether DOGE can stabilize and possibly rebound at this support level.”
DOGE能否稳定并反弹至0.0718美元附近，对于决定其下一步的重大价格走势至关重要。正如 MyCryptoParadise 所言，“市场参与者应密切关注 DOGE 能否稳定并可能在此支撑位反弹。”
If DOGE fails to establish a bottom around this support, the situation could quickly deteriorate. As the analyst warned, “If DOGE is unable to find footing and bounces back at the 0.0718 support level, the situation could worsen.” This would likely open the doors for a continued selloff towards stronger support around the $0.05 area.
如果 DOGE 未能围绕这一支撑位建立底部，情况可能会迅速恶化。正如分析师警告的那样，“如果 DOGE 无法找到立足点并反弹至 0.0718 支撑位，情况可能会恶化。”这可能会为持续抛售打开大门，以获得 0.05 美元区域附近的更强支撑。
On the other hand, if DOGE manages to defend the $0.0718 level, it could be the first sign of a trend reversal. As MyCryptoParadise explained, “In the event Dogecoin manages to regain its strength and break above the resistance it previously breached, this could indicate a reversal of the current bearish trend.” Pushing back above its broken support-turned-resistance would signal a resurgence of buying momentum.
另一方面，如果 DOGE 能够守住 0.0718 美元的水平，这可能是趋势逆转的第一个迹象。正如 MyCryptoParadise 所解释的那样，“如果狗狗币设法恢复实力并突破之前突破的阻力位，这可能表明当前看跌趋势的逆转。”重新突破支撑位转为阻力位将预示着买盘势头的复苏。
Conclusion: Critical Moment for Meme-Inspired Cryptocurrency
结论：受 Meme 启发的加密货币的关键时刻
In conclusion, Dogecoin finds itself at a pivotal make-or-break level following its post-hype price decline. While further downside appears likely, a successful defense of key support around $0.0718 could staunch the bleeding. According to MyCryptoParadise, market participants should keep a close eye on whether DOGE can stabilize around this level. If not, DOGE may have much further to fall before finding its next key support area. Either way, the coming days and weeks promise to be a critical moment for the popular meme token.
总之，在炒作后价格下跌之后，狗狗币发现自己处于关键的成败水平。尽管可能会进一步下跌，但成功守住 0.0718 美元附近的关键支撑位可能会止住跌势。 MyCryptoParadise 表示，市场参与者应密切关注 DOGE 能否稳定在该水平附近。如果没有，狗狗币在找到下一个关键支撑区域之前可能还会进一步下跌。无论哪种方式，未来几天和几周都将成为流行模因代币的关键时刻。
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The post Dogecoin Faces Critical Make-or-Break Support, This Price Will Determine DOGE’s Next Trend appeared first on CaptainAltcoin.
狗狗币面临关键的成败支撑，这个价格将决定狗狗币的下一个趋势，这篇文章首先出现在 CaptainAltcoin 上。
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