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Cryptocurrency markets have experienced a broad decline, yet Dogecoin (DOGE) impressively maintained its value above the $0.075 support level. The altcoin has rebounded from this level three times, indicating active buyer accumulation at lower prices, which could signal a positive sentiment in the market.
加密货币市场经历了大幅下跌,但狗狗币 (DOGE) 令人印象深刻地将其价值维持在 0.075 美元的支撑位之上。山寨币已从该水平反弹三度,表明买家以较低价格积聚,这可能预示着市场的积极情绪。
Momentum for a Dogecoin Rise
狗狗币上涨的动力
However, Dogecoin’s upward movement is currently capped at the resistance level of $0.0877, which could lead to a period of sideways trading. Can the ongoing market reversal provide the necessary momentum for DOGE to initiate a sustained recovery? Significant fluctuations for Dogecoin were observed in January 2024. The token price exhibited sharp volatility between $0.087 and $0.0753. Despite the broader crypto market downturn, Dogecoin impressively stayed above the $0.075 support level, which could indicate strong buyer interest at these lower prices.
然而,狗狗币的上涨目前受到 0.0877 美元阻力位的限制,这可能会导致一段时间的横盘交易。持续的市场逆转能否为DOGE提供持续复苏所需的动力?狗狗币在 2024 年 1 月出现了大幅波动。代币价格在 0.087 美元至 0.0753 美元之间剧烈波动。尽管加密市场整体低迷,但狗狗币仍令人印象深刻地保持在 0.075 美元的支撑位之上,这可能表明买家对这些较低价格的兴趣浓厚。
The daily timeframe chart reveals that this support level coincides with the 61.8% Fibonacci retracement level and the 200-day EMA, making it a significant focal point for buyers. The recent uptick in the EMA slope led to a 6.5% increase in Dogecoin’s value over the week, with its current price around $0.081.
每日时间框架图表显示,该支撑位与 61.8% 斐波那契回撤位和 200 日均线重合,使其成为买家的重要焦点。最近 EMA 斜率的上升导致狗狗币的价值在一周内上涨了 6.5%,目前价格约为 0.081 美元。
Expert Opinion on DOGE
专家对DOGE的看法
Additionally, the Dogecoin network is experiencing an extraordinary growth surge that has caught the attention of the cryptocurrency community. According to forecasts shared by renowned crypto analyst Ali Chart, the number of new addresses on the Dogecoin network showed an interesting increase of 1,100% last week. On January 29th, the cryptocurrency network witnessed a historic milestone with the creation of 247,240 new DOGE addresses, reaching an all-time high. This remarkable expansion of the network could have a positive impact on DOGE’s value in the near future.
此外,狗狗币网络正在经历非凡的增长,引起了加密货币社区的关注。根据著名加密货币分析师 Ali Chart 分享的预测,狗狗币网络上的新地址数量上周有趣地增长了 1,100%。 1 月 29 日,加密货币网络见证了一个历史性的里程碑,新增 247,240 个 DOGE 地址,达到历史新高。网络的显着扩张可能在不久的将来对 DOGE 的价值产生积极影响。
With the network’s development and a broader market recovery, the DOGE price could potentially overcome the general resistance of $0.087. Successfully breaking through this resistance could increase buying momentum and raise Dogecoin’s value by 22%, reaching the upper boundary of the long-standing triangle formation at $0.107. If this upward breakout from the formation occurs, it could be an early signal of a trend reversal for Dogecoin.
随着网络的发展和更广泛的市场复苏,DOGE 价格可能会突破 0.087 美元的总体阻力。成功突破这一阻力位可能会增加购买动力,并使狗狗币的价值提高 22%,达到长期三角形形态的上限 0.107 美元。如果出现这种向上突破的情况,这可能是狗狗币趋势逆转的早期信号。
The post first appeared on COINTURK NEWS: Dogecoin Maintains Support Level Despite Market Downturn
该帖子首次出现在 COINTURK 新闻上:尽管市场低迷,狗狗币仍保持支撑水平