You can also read this news on COINTURK NEWS: Dogecoin Price Analysis Amid Market Fluctuations
您还可以在 COINTURK NEWS 上阅读此新闻:市场波动中的狗狗币价格分析
Dogecoin (DOGE) price was affected by the recent drop in Bitcoin, resulting in a sharp decline that continued the downward trend since December 2023. Despite the drop, Dogecoin’s price is still moving within the boundaries of a short-term formation. The question is whether it can bounce back from its current position or if a potential break could deepen the decline.
狗狗币(DOGE)价格受到近期比特币下跌的影响,导致大幅下跌,延续了自 2023 年 12 月以来的下跌趋势。尽管下跌,但狗狗币的价格仍在短期形态的范围内波动。问题是它是否能从目前的位置反弹,或者潜在的突破是否会加深跌势。
Current State of Dogecoin
狗狗币的现状
Since April 2021, DOGE’s price has been following a decreasing resistance trend line. In June 2022, the price reached a disappointing low of $0.049. Despite several unsuccessful attempts to break through the decreasing resistance line (indicated by red symbols), the price eventually broke above the trend line in November 2023.
自2021年4月以来,DOGE的价格一直遵循下降的阻力趋势线。 2022 年 6 月,价格跌至令人失望的低点 0.049 美元。尽管多次尝试突破下降阻力线(以红色符号表示)均未成功,但价格最终于 2023 年 11 月突破趋势线。
This breakout led to a rise until December, stopping just below a significant horizontal resistance area. The price climbed to the highest level of 2023 at $0.108. Since then, Dogecoin has been experiencing a downward price movement.
这次突破导致价格上涨直至 12 月,在一个重要的水平阻力区域下方止住。价格攀升至 2023 年最高水平 0.108 美元。从那时起,狗狗币的价格一直在下跌。
A weekly RSI analysis shows the value is still above 50, but it reached this point by decreasing, not increasing. The drop over the last two weeks from the 70 level indicates a weakening in price.
每周 RSI 分析显示该值仍高于 50,但到达此点时是下降而非上升。过去两周从 70 水平的下跌表明价格走弱。
The situation suggests that there has been a change in momentum following the recent highest level, which requires traders to be more cautious about their investments.
这种情况表明,继近期最高水平之后,势头发生了变化,这要求交易者对其投资更加谨慎。
DOGE Price Prediction
DOGE价格预测
It is difficult to determine a clear direction in the weekly timeframe, similar to the daily trend, due to daily price movements and RSI.
由于每日价格变动和 RSI,很难在每周时间范围内确定明确的方向,类似于每日趋势。
Looking at the price movement, DOGE has been moving within a decreasing parallel channel since December 11. Such movements generally bring corrections.
从价格走势来看,自 12 月 11 日以来,DOGE 一直在下降的平行通道内波动。这种走势通常会带来调整。
Yesterday’s sudden price drop caused a move below the channel’s support trend line, but DOGE showed buying pressure with a long lower wick (green symbol). The wick confirmed the horizontal support level at $0.075. Following this price action, DOGE returned to the boundaries of the past channel.
昨天的价格突然下跌导致价格跌破通道支撑趋势线,但 DOGE 通过较长的下影线(绿色符号)显示出买盘压力。灯芯确认了 0.075 美元的水平支撑位。在此价格走势之后,DOGE 回到了过去通道的边界。
Despite the strong price stance, a downward trend is observed in the daily RSI. For the first time since October, the RSI has fallen below 50 (red circle). Therefore, it is uncertain what kind of price movement DOGE may experience.
尽管价格立场强劲,但每日 RSI 仍呈下降趋势。自 10 月份以来,RSI 首次跌破 50(红圈)。因此,DOGE 可能会经历什么样的价格走势尚不确定。
A new breakout in the channel could lead to a further decline and trigger a 9% drop to revisit the $0.075 support level. On the other hand, an upward breakout in the channel could bring a 25% rise to the next resistance level of $0.100.
该通道的新突破可能会导致进一步下跌,并引发 9% 的下跌,重新触及 0.075 美元的支撑位。另一方面,该通道的向上突破可能会带来 25% 的上涨,到达下一个阻力位 0.100 美元。
The post first appeared on COINTURK NEWS: Dogecoin Price Analysis Amid Market Fluctuations
该帖子首次出现在 COINTURK 新闻:市场波动中的狗狗币价格分析