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Dogecoin stands at a critical juncture, facing bearish indicators that suggest further price declines. The lack of strong buying pressure indicates a less-than-likely rapid recovery, contrary to some expectations. However, the situation isn't entirely bleak.
Dogecoin站在一个关键时刻,面对看跌指标,这表明价格进一步下降。 缺乏强大的购买压力表明,与某些期望相反,恢复的速度不那么快。但是,情况并不完全是惨淡的。
Recent price action, characterized by lower highs and weaker rebounds, shows a persistent downtrend since its peak above $0.40. Dogecoin is currently battling to hold above key support levels, with $0.19 acting as a crucial threshold. Should this level be breached, losses could accelerate, potentially pushing DOGE towards $0.17 or lower. Resistance sits at $0.25, currently coinciding with the 50-day Exponential Moving Average (EMA). Bulls need to push DOGE above this level and sustain the momentum to slow the decline.
最近的价格动作以较低的高位和较弱的篮板为特征,自峰值高于0.40美元以来,其价格持续下降趋势。 Dogecoin目前正在战斗以高于关键支撑水平,0.19美元是至关重要的阈值。
Despite this, a breakout remains unlikely given the current weakness, absent a significant shift in market sentiment. A "death cross," where a shorter-term moving average (like the 50-day EMA) crosses below a longer-term moving average (like the 100-day EMA), is a strong bearish signal, indicating waning momentum and potential further downside. While not yet confirmed for DOGE, the narrowing gap between these EMAs suggests it's imminent. Historically, death crosses have preceded significant price drops, especially in weak markets.
尽管如此,鉴于当前的弱点,突破仍然不太可能,没有市场情绪的重大转变。 一个“死亡十字架”,即较短的移动平均线(如50天EMA)横穿长期移动平均线(如100天EMA),是一个强烈的看跌信号,表明势头减弱,潜在的下降。虽然尚未确认为Doge,但这些EMA之间的狭窄差距表明它即将来临。从历史上看,死亡十字架的价格下降了大幅下降,尤其是在薄弱的市场中。
Confirmation of this death cross could lead to an extended period of bearishness and further declines towards lower support levels.
确认这一死亡十字架可能会导致较长的看跌期权,并进一步下降到较低的支持水平。
Dogecoin's prospects? While a reversal is still possible, the impending death cross significantly increases the risk. Technical indicators suggest Dogecoin may face further downward pressure in the coming weeks unless bulls swiftly reclaim higher resistance levels. Traders should closely monitor the crossing of the 50-day and 100-day EMAs, as it could significantly impact DOGE's immediate future. Read the original article on U.Today
Dogecoin的前景?尽管仍然有可能逆转,但即将发生的死亡交叉大大增加了风险。技术指标表明,除非公牛迅速收回较高的阻力水平,否则在接下来的几周内,狗狗币可能会面临进一步的向下压力。 贸易商应密切监视50天和100天EMA的穿越,因为这可能会对Doge的不久的未来产生重大影响。 阅读有关U.Today的原始文章