The post Dogecoin Price Hints Massive Price Correction! Is It A Crucial Time To Hold DOGE Memecoin? appeared first on Coinpedia Fintech News

狗狗币价格发布后暗示大幅价格调整！现在是持有 DOGE Memecoin 的关键时刻吗？首先出现在 Coinpedia 金融科技新闻上

The crypto industry continues to display significant volatility in its valuation, highlighting a massive price action in the market. On the other hand, the Memecoin category traded under a strong bearish influence with the DOGE price recording a correction of over 8% over the past week.

加密行业的估值继续表现出大幅波动，凸显了市场上的大规模价格走势。另一方面，Memecoin 类别受到强烈的看跌影响，DOGE 价格在过去一周回调了 8% 以上。

The Memecoin leader, Dogecoin price traded in a closed range between $0.09366 and $0.09848 for a while, following which the bulls lost momentum and recorded a breakdown in the price.

Memecoin 的领先者狗狗币价格一度在 0.09366 美元至 0.09848 美元之间的封闭区间内交易，随后多头失去动力并记录价格崩溃。

After this, the DOGE coin price traded in a closed range between $0.08931 and $0.09366 for over two weeks.

此后，DOGE 币价格在 0.08931 美元至 0.09366 美元之间的封闭区间交易了两周多。

The bulls made multiple attempts to hold the price above the support level of $0.08931, but the bears overpowered the bulls, resulting in the price recording a correction of approximately 15% in its valuation.

多头多次尝试将价格维持在 0.08931 美元的支撑位之上，但空头压倒了多头，导致价格估值修正约 15%。

After this, the price traded sideways in a range between $0.07981 and $0.08416 for a while. As the market experienced a correction, the Doge coin price experienced another correction of 5%.

此后，价格在 0.07981 美元至 0.08416 美元之间波动一段时间。随着市场的回调，Doge币价格再次回调5%。

Since then, the price has been constantly trading in a consolidated range between $0.07597 and $0.07981, indicating a neutral trend in the market.

此后，价格一直在 0.07597 美元至 0.07981 美元之间的综合区间内交易，表明市场呈中性趋势。

Will The DOGE Price Hit $0.01 Soon?

DOGE 价格很快就会达到 0.01 美元吗？

The technical indicator, MACD, displays a steady decline in the green histogram, suggesting a decrease in the buying pressure for the coin. Further, the averages show a high possibility of a bearish convergence, highlighting a bear power in the industry.

技术指标 MACD 显示绿色柱状图稳步下降，表明代币的购买压力有所下降。此外，均线显示看跌趋同的可能性很高，凸显了行业的熊市力量。

If the bulls push the price above the resistance level of $0.07981, the DOGE price will regain momentum and prepare to test its upper resistance level of $0.08416. Maintaining the price at that level will set the stage for Dogecoin to attempt to test its key resistance level at $0.08931 in the coming time.

如果多头将价格推高至 0.07981 美元的阻力位上方，DOGE 价格将重新获得动力，并准备测试其上方阻力位 0.08416 美元。将价格维持在该水平将为狗狗币在未来尝试测试其关键阻力位 0.08931 美元奠定基础。

Negatively, if the market fails to regain momentum, the price will fall and test its support level of $0.07597 soon. Moreover, if the bears continue to dominate the market, the DOGE price will plunge and prepare to test its lower support level of $0.07168 by the week ahead.

不利的是，如果市场未能恢复动力，价格将下跌并很快测试 0.07597 美元的支撑位。此外，如果空头继续主导市场，DOGE 价格将暴跌，并准备在未来一周测试其较低的支撑位 0.07168 美元。