You can also read this news on COINTURK NEWS: Dogecoin Faces Potential Decline in Value

您还可以在 COINTURK NEWS 上阅读此新闻：狗狗币面临潜在的价值下降

Dogecoin (DOGE), as the buying pressure begins to wane, might be ready to witness a decline in value. The altcoin market's increasing volatility exposes it to significant price volatility risks. Here are the details on the cryptocurrency!

随着购买压力开始减弱，狗狗币（DOGE）可能已经准备好见证价值下跌。山寨币市场的波动性不断加大，使其面临巨大的价格波动风险。这是有关加密货币的详细信息！

Current Data on DOGE!

DOGE 的最新数据！

DOGE's price has increased by 7% in the last 24 hours, yet it continues to follow a predominantly negative sentiment. At the time of writing, the token's weighted sentiment is -0.404, a metric that has been negative since May 5. A token's weighted sentiment measures the overall market sentiment surrounding it. The mentioned metric develops simple positive and negative sentiments by considering the importance of each mentioned sentiment. When it returns a negative value, the token's market succumbs to negative sentiments, hence a price drop is expected. Conversely, when the value is positive, bulls are in control.

DOGE 的价格在过去 24 小时内上涨了 7%，但仍然主要是负面情绪。截至撰写本文时，该代币的加权情绪为 -0.404，该指标自 5 月 5 日以来一直为负值。代币的加权情绪衡量其周围的整体市场情绪。通过考虑每个提到的情绪的重要性，上述指标形成了简单的积极和消极情绪。当它返回负值时，代币的市场就会屈服于负面情绪，因此预计价格会下跌。相反，当值为正时，多头处于控制之中。

The downward trend in the DOGE market is also confirmed by the futures market open positions on exchanges, which have been in a decline since May 8. At the time of writing, this rate stood at $9.83 billion, having dropped by 7% since then. DOGE's futures open position represents the total number of unresolved or unclosed futures contracts. This decrease indicates an increase in the number of market participants exiting their positions without opening new ones.

DOGE市场的下跌趋势也从交易所期货市场的未平仓头寸中得到证实，自5月8日以来，未平仓头寸一直在下降。截至撰写本文时，该比率为98.3亿美元，自那时以来已下降了7%。 DOGE 的期货未平仓头寸代表未结算或未平仓的期货合约总数。这一下降表明，退出头寸而不开立新头寸的市场参与者数量有所增加。

Price Analysis of Dogecoin

狗狗币价格分析

At the time of writing, DOGE is trading at a support level of $0.15. As observed on the weekly chart, the SAR indicator stands above the price, indicating a potential breakdown below this level. This indicator is used to determine potential trend directions and reversals. When dotted lines are placed above a token's price, it suggests that the market is in a downtrend. If these bearish predictions continue, the meme token's value could drop below $0.1, finding support at $0.08.

截至撰写本文时，DOGE 的交易支撑位为 0.15 美元。从周线图上可以看出，SAR 指标位于价格之上，表明可能会跌破该水平。该指标用于确定潜在的趋势方向和反转。当虚线位于代币价格上方时，表明市场处于下跌趋势。如果这些看跌预测继续下去，meme 代币的价值可能会跌至 0.1 美元以下，并在 0.08 美元处找到支撑。

The widening gap between the upper and lower bands of the Bollinger Bands indicator signals increased market volatility, thus heightening this significant price fluctuation risk. However, if bulls regain control and DOGE's price enters an uptrend, it could initiate a rise towards the $0.17 resistance level.

布林线指标上下轨差距不断扩大，预示着市场波动加剧，从而加剧了价格大幅波动的风险。然而，如果多头重新获得控制权并且 DOGE 的价格进入上升趋势，则可能会上涨至 0.17 美元的阻力位。

The post first appeared on COINTURK NEWS: Dogecoin Faces Potential Decline in Value

该帖子首次出现在 COINTURK 新闻上：狗狗币面临潜在的价值下跌