Dogecoin Hovers Near Key Demand Zone Amidst Recent Decline

狗狗币在近期下跌中徘徊在关键需求区域附近

Over the past week, Dogecoin (DOGE) has experienced an 11% decline. However, this trend may be nearing its end, as DOGE currently rests above a significant on-chain support block.

过去一周，狗狗币（DOGE）下跌了 11%。然而，这种趋势可能已接近尾声，因为 DOGE 目前位于重要的链上支撑块上方。

Demand Zone and Investor Psychology

需求区和投资者心理

On-chain analysis reveals that DOGE is within a zone of high demand, where numerous investors have purchased their coins. These demand zones are determined by the average price at which various addresses first acquired their DOGE.

链上分析显示，DOGE 处于高需求区域，许多投资者已经购买了他们的代币。这些需求区域由各个地址首次获取其 DOGE 的平均价格决定。

Major Demand Zone Near Current Price Level

主要需求区接近当前价格水平

Data from IntoTheBlock indicates that a sizable demand zone exists between $0.096 and $0.139. Approximately 409,330 addresses hold a total of 45 billion DOGE within this range.

IntoTheBlock 的数据表明，在 0.096 美元至 0.139 美元之间存在相当大的需求区域。此范围内大约有 409,330 个地址持有总计 450 亿个 DOGE。

The cost basis is a crucial level for most investors, influencing their reaction when the spot price retests it. A significant cluster of investors sharing a cost basis within a narrow range can result in a pronounced price reaction upon retest.

对于大多数投资者来说，成本基础至关重要，会影响他们在现货价格重新测试时的反应。大量投资者在较窄的范围内共享成本基础，可能会导致重新测试时出现明显的价格反应。

Impact of Demand Zone

需求区的影响

The demand zone near the $0.115 average price has seen several addresses acquire DOGE, suggesting its retest could have a notable impact on the memecoin.

在平均价格 0.115 美元附近的需求区域，有几个地址收购了 DOGE，这表明其重新测试可能会对 memecoin 产生显着影响。

Historically, demand zones below the current price have served as support for cryptocurrencies. This is due to the tendency of investors to respond to the retesting of profitable positions by buying more or selling in fear of further losses.

从历史上看，低于当前价格的需求区域一直是对加密货币的支撑。这是由于投资者倾向于通过买入更多或因担心进一步损失而卖出来对盈利头寸进行重新测试。

Resistance and Future Outlook

阻力和未来展望

IntoTheBlock notes that DOGE may face resistance around $0.16, where 20 billion DOGE are currently held at a loss.

IntoTheBlock 指出，DOGE 可能面临 0.16 美元左右的阻力，目前 200 亿 DOGE 处于亏损状态。

It remains unclear whether the on-chain demand zone will prevent DOGE's decline if it falls to retest levels.

目前还不清楚，如果 DOGE 跌至重新测试的水平，链上需求区是否会阻止 DOGE 的下跌。

Price Performance

性价比

The past week has been challenging for DOGE investors, with a drop of approximately 11%. DOGE is currently trading around $0.142.

过去一周对于 DOGE 投资​​者来说充满挑战，下跌了约 11%。 DOGE 目前的交易价格约为 0.142 美元。