The post Dogecoin Hovers Around Yearly Lows Against Bitcoin! Will Bulls Find A Way To Revive DOGE Price? appeared first on Coinpedia Fintech News
狗狗币兑比特币徘徊在年度低点附近!多头会找到重振DOGE价格的方法吗?首先出现在 Coinpedia 金融科技新闻上
Following the recent market decline, Dogecoin has experienced a slight rebound; however whales continue to sell their holdings. This recovery, however, faces potential hurdles as DOGE’s value reaches its annual low in comparison to Bitcoin. This indicates a significant decline in the Dogecoin volatility relative to its counterparts. Such conditions could trigger addresses currently in profit to begin liquidations, potentially leading to an increase in selling pressure.
继近期市场下跌后,狗狗币经历了小幅反弹;然而,鲸鱼继续出售其持有的资产。然而,随着 DOGE 的价值相对于比特币跌至年度低点,这种复苏面临着潜在的障碍。这表明狗狗币的波动性相对于同类货币显着下降。这种情况可能会触发当前盈利的地址开始清算,从而可能导致抛售压力增加。
DOGEBTC Touches Yearly-Lows
DOGEBTC触及年度低点
In the last four hours, there’s been a notable shift in Dogecoin (DOGE) trading sentiment. Sellers have been actively closing positions, especially after DOGE trapped bears around a low of $0.075. Coinglass data highlights a liquidation of $108K in Dogecoin, with $107K from short positions.
在过去的四个小时里,狗狗币(DOGE)的交易情绪发生了显着的变化。卖家一直在积极平仓,尤其是在 DOGE 将空头困在 0.075 美元低点附近之后。 Coinglass 数据显示,狗狗币清算额为 10.8 万美元,其中 10.7 万美元来自空头头寸。
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However, Dogecoin’s rise may face challenges due to its inability to align with the market’s volatility. TradingView data shows that the DOGEBTC ratio hit a yearly low at 0.00000182. Additionally, there’s been notable selling pressure from whales, which is slowing the recovery momentum.
然而,由于无法与市场波动保持一致,狗狗币的崛起可能会面临挑战。 TradingView数据显示,DOGEBTC比率触及年度低点0.00000182。此外,鲸鱼的抛售压力也很大,这正在减缓复苏势头。
Large transactions involving DOGE whales were observed today. Over 635 million tokens (valued $52 million) were moved to Binance and Robinhood. A report by Whale Alert mentioned a recent transfer via Binance, moving 300 million DOGE from an unknown wallet to the exchange, amounting to $24.62 million. Another major transaction, occurring eight hours earlier, involved moving 151.68 million DOGE (worth $12.49 million) from Robinhood to an undisclosed wallet.
今天观察到涉及 DOGE 鲸鱼的大宗交易。超过 6.35 亿枚代币(价值 5200 万美元)被转移到币安和 Robinhood。 Whale Alert 的一份报告提到,最近通过币安进行了一笔转账,将 3 亿 DOGE 从未知钱包转移到交易所,金额达 2462 万美元。八小时前发生的另一笔重大交易涉及将 1.5168 亿 DOGE(价值 1249 万美元)从 Robinhood 转移到一个未公开的钱包。
Prior to this, two significant transactions were directed towards Robinhood from an unidentified wallet, transferring 102.27 million and 82.08 million DOGE, valued at $8.40 million and $6.74 million, respectively.
在此之前,有两笔重大交易是从一个身份不明的钱包直接向 Robinhood 转移的,分别转移了 1.0227 亿和 8208 万枚 DOGE,价值分别为 840 万美元和 674 万美元。
Most of these transactions were towards a crypto exchange, indicating that whales might be offloading their holdings during the price dip. This suggests a potential build-up of stronger resistance for Dogecoin going forward.
这些交易大部分都是针对加密货币交易所,这表明鲸鱼可能会在价格下跌期间抛售其持有的资产。这表明狗狗币未来可能会形成更强的阻力。
What’s Next For DOGE Price?
DOGE 价格的下一步是什么?
Dogecoin witnessed its support level at $0.075, suggesting that buyers stepped in and rebounded the price from that level. This resulted in the formation of a bear trap; however, they aim to defend a surge above the EMA20 trend line. As of writing, DOGE price trades at $0.0835, surging over 1.1% from yesterday’s rate.
狗狗币的支撑位为 0.075 美元,表明买家介入并将价格从该水平反弹。这导致了熊陷阱的形成;然而,他们的目标是捍卫 EMA20 趋势线之上的飙升。截至撰写本文时,DOGE 价格交易价格为 0.0835 美元,较昨天上涨 1.1% 以上。
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Currently, bulls are attempting to hold the recovery rally, but these efforts are expected to encounter significant resistance at the 20-day Exponential Moving Average (EMA) and also around $0.093.
目前,多头正试图维持复苏反弹,但预计这些努力将在 20 日指数移动平均线 (EMA) 和 0.093 美元附近遇到重大阻力。
Should Dogecoin’s price reverse from this level, its price could potentially drop to the $0.07 mark. While this price point may attract some buying interest, a continued bearish trend could send the price down further to $0.061.
如果狗狗币的价格从该水平反转,其价格可能会跌至 0.07 美元大关。虽然这个价格点可能会吸引一些购买兴趣,但持续的看跌趋势可能会使价格进一步跌至 0.061 美元。
For a bullish reversal, it’s crucial for the bulls to not only push the price but also hold it above the resistance zone ranging from $0.093 to $0.11. Achieving this would indicate the beginning of a new upward trend, potentially leading the price towards $0.15.
对于看涨反转来说,多头不仅要推高价格,还要将其保持在 0.093 美元至 0.11 美元的阻力区上方,这一点至关重要。实现这一目标将表明新的上升趋势的开始,可能导致价格上涨至 0.15 美元。