You can also read this news on BH NEWS: Dogecoin Market Outlook Amidst Altcoin Struggles

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Altcoins continue to face over 5% losses, with Bitcoin struggling to hold the $40,400 support level. The market’s concern is amplified by a bearish start to the week for spot Bitcoin ETFs. Investors are curious about Dogecoin’s current outlook and what lies ahead.

山寨币继续面临超过 5% 的损失，而比特币则难以守住 40,400 美元的支撑位。现货比特币 ETF 本周开局看跌，加剧了市场的担忧。投资者对狗狗币当前的前景和未来感到好奇。

Speculation about Dogecoin’s integration with payment services X is resurfacing. However, the current regulatory environment and recent comments by Elon Musk, suggesting his disinterest in cryptocurrencies, are diminishing these prospects, which could explain the lack of sustained excitement in its price.

关于狗狗币与支付服务 X 整合的猜测再次浮出水面。然而，当前的监管环境和埃隆·马斯克最近发表的表明他对加密货币不感兴趣的言论正在削弱这些前景，这可能解释了其价格缺乏持续兴奋的原因。

Dogecoin’s price continues to move within a correction formation, rejected by a resistance trend line. Weekly charts indicate that Dogecoin has been trading below a decreasing trend line since October 2022, which was recently breached after 400 days.

狗狗币的价格继续在修正形态内波动，但受到阻力趋势线的拒绝。周线图显示，自 2022 年 10 月以来，狗狗币一直处于下降趋势线下方，最近在 400 天后被突破。

Although Dogecoin’s price rose to $0.107 after breaking resistance in November 2023, it has since returned to the trend line. The RSI is currently neutral, and a rise could support short-term performance, but Bitcoin’s persistence in breaking below $40,400 could adversely affect Dogecoin bulls.

尽管狗狗币的价格在 2023 年 11 月突破阻力后升至 0.107 美元，但此后又回到了趋势线。 RSI 目前呈中性，上涨可能支撑短期表现，但比特币持续突破 40,400 美元可能会对狗狗币多头产生不利影响。

Analysts like CryptoGodJohn and Birb Nest fuel rumors of payment services X integrating with Dogecoin. Despite Pepa’s claim that there’s no better time to buy Dogecoin, its price is currently down nearly 4%. The narrative of payment services X with Dogecoin might be losing its appeal. While the weekly chart suggests a potential rise, daily technical readings and the RSI indicate a deepening decline. There are two scenarios for Dogecoin’s price: a breakout from the channel could lead to a 40% increase to $0.118, while the opposite could see a drop to $0.06.

CryptoGodJohn 和 Birb Nest 等分析师助长了支付服务 X 与狗狗币集成的谣言。尽管 Pepa 声称现在是购买狗狗币的最佳时机，但其价格目前已下跌近 4%。狗狗币支付服务 X 的叙述可能会失去吸引力。虽然周线图显示潜在上涨，但每日技术读数和 RSI 表明下跌加深。狗狗币的价格有两种情况：突破通道可能导致上涨 40% 至 0.118 美元，反之则可能下跌至 0.06 美元。

The post first appeared on BH NEWS: Dogecoin Market Outlook Amidst Altcoin Struggles

该帖子首次出现在 BH 新闻：山寨币挣扎中的狗狗币市场前景