The post Dogecoin Prepares For A Boost As Active Addresses Surpass 100K: Will DOGE Price Gain Old Momentum? appeared first on Coinpedia Fintech News
随着活跃地址超过 10 万,狗狗币准备上涨:DOGE 价格会获得旧的动力吗?首先出现在 Coinpedia 金融科技新闻上
The price of Dogecoin experienced a decline amidst a downturn in the market. This happened due to the issues surrounding Binance on Tuesday. Despite the recent downward trend in Dogecoin’s value, there remains a bullish sentiment among its investors. They are currently facing losses but remain hopeful about a potential recovery, as indicated by their activities in derivative markets and the trends observed in the Dogecoin price chart.
在市场低迷的情况下,狗狗币的价格经历了下跌。这是由于周二围绕币安的问题而发生的。尽管狗狗币的价值最近呈下降趋势,但投资者仍然保持看涨情绪。他们目前面临损失,但仍对潜在复苏抱有希望,正如他们在衍生品市场上的活动以及狗狗币价格图表中观察到的趋势所表明的那样。
DOGE’s Active Addresses Surged Following Price Dip
价格下跌后 DOGE 的活跃地址激增
Dogecoin brought massive gains to its investors by surging 50% over four weeks, but it is now nearing the point of losing these profits. Approximately one-third of the earnings realized by DOGE investors have been erased, and the memecoin is expected to experience further decreases.
狗狗币在四个星期内飙升 50%,为投资者带来了巨大收益,但现在已经接近失去这些利润的地步。 DOGE 投资者实现的收益中约三分之一已被抹去,memecoin 预计将进一步下跌。
However, as the market has now slightly rebounded from its recent dip, nearly $700K worth of short positions were liquidated. This suggests that buyers increasingly accumulated the memecoin near the dip.
然而,随着市场从最近的下跌中小幅反弹,价值近 70 万美元的空头头寸被清算。这表明买家在价格下跌时越来越多地积累了模因币。
Even with a significant amount of liquidations, traders appear stronger. The positive funding rate suggests that, currently, there are more long contracts than short contracts for Dogecoin. This positive funding rate signals that a larger number of traders are opting for long positions, expecting an increase in the price in the coming hours. Therefore, if the price of Dogecoin follows the expectations of its traders, a downturn might be avoided. However, if it doesn’t, further losses could be there.
即使有大量清算,交易者也显得更强大。正的资金费率表明,目前狗狗币的多头合约多于空头合约。这种正的资金费率表明,更多交易者选择多头头寸,预计未来几个小时内价格会上涨。因此,如果狗狗币的价格符合交易者的预期,则可能会避免低迷。然而,如果不这样做,可能会出现进一步的损失。
According to information from IntoTheBlock, there is an increasing trend in the number of active addresses in the Dogecoin market as it surpassed 100K, indicative of a growing influx of capital. This trend has contributed to strengthening the immediate support level for Dogecoin.
根据IntoTheBlock的信息,狗狗币市场的活跃地址数量呈增长趋势,已超过10万,表明资金涌入不断增加。这一趋势有助于加强狗狗币的直接支撑水平。
What’s Next For DOGE Price?
DOGE 价格的下一步是什么?
Dogecoin’s value continued to decline and it recently touched the low of $0.07, a crucial support line. However, aggressive buying demand near this low prevented the price from dropping further as DOGE price quickly rebounded from this low. This suggests that price dips are opportunities for accumulation. As of writing, DOGE price trades at $0.075, surging over 0.9% from yesterday’s rate.
狗狗币的价值持续下跌,最近触及关键支撑线 0.07 美元的低点。然而,由于 DOGE 价格从该低点迅速反弹,接近该低点的积极购买需求阻止了价格进一步下跌。这表明价格下跌是积累的机会。截至撰写本文时,DOGE 价格交易价格为 0.075 美元,较昨天上涨 0.9% 以上。
Currently, there’s an effort by the bulls to push the Dogecoin price above the 20-day EMA on the 4-hour price chart. Success in this move would indicate a strong trend of continuous buying. Following this, the bulls might attempt to overcome the resistance at $0.087, aiming to progress toward $0.10.
目前,多头正在努力将狗狗币价格推升至 4 小时价格图表上的 20 日均线上方。这一举措的成功将表明持续买入的强劲趋势。此后,多头可能会尝试克服 0.087 美元的阻力,目标是向 0.10 美元迈进。
On the other hand, the bears may attempt to capitalize on any price rallies to keep Dogecoin below the 20-day EMA. Sellers are active near the $0.08 mark and Dogecoin’s surge above that level might witness a strong selling and a surge in short-positions. Should this happen, it could pave the way for a further decline to the 100-day Exponential Moving Average (EMA) at $0.68 and potentially to a critical support level at $0.058.
另一方面,空头可能会试图利用任何价格反弹来将狗狗币保持在 20 日均线下方。卖家在 0.08 美元关口附近活跃,狗狗币飙升至该水平上方可能会出现强劲抛售和空头头寸激增。如果发生这种情况,可能会为进一步下跌至 0.68 美元的 100 日指数移动平均线 (EMA) 铺平道路,并可能跌至 0.058 美元的关键支撑位。