市场低迷后狗狗币价格受到打击

You can also read this news on COINTURK NEWS: Dogecoin Price Takes a Hit Following Market Downturn

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Markets followed Bitcoin‘s southward plunge in yesterday’s bloodbath, with the meme coin sector leading the drop, and Dogecoin (DOGE) price also taking a hit. While markets remain optimistic ahead of BTC’s halving, DOGE’s correction wave could offer investors a buying opportunity before the anticipated halving event.

市场跟随比特币在昨天的血腥屠杀中向南暴跌，模因币板块领跌，狗狗币（DOGE）价格也受到打击。尽管市场在 BTC 减半之前仍保持乐观，但 DOGE 的修正浪潮可能会在预期的减半事件之前为投资者提供买入机会。

Dogecoin (DOGE) Price Suffers in Market Slump

狗狗币（DOGE）价格因市场低迷而受挫

As the leader of the meme coin world, Dogecoin (DOGE) price retreated by approximately 15% following the drop in Bitcoin’s price. However, altcoins and meme coins were largely affected more by this downturn, with some altcoins experiencing losses up to 20%.

作为表情币世界的领导者，狗狗币（DOGE）的价格随着比特币价格的下跌而回落了约15%。然而，山寨币和 meme 币在很大程度上受这次经济低迷的影响更大，一些山寨币的损失高达 20%。

Despite the downturns, optimism among investors continues. Dogecoin’s price remains above a significant support level on the rising trend line. This support has previously offered significant buying opportunities, and considering a hammer-like candlestick formation, it could be a jumping-off point for the cryptocurrency DOGE.

尽管经济低迷，投资者的乐观情绪依然存在。狗狗币的价格仍高于上升趋势线的重要支撑位。这种支撑此前提供了重要的买入机会，考虑到锤子状的烛台形态，它可能是加密货币 DOGE 的起点。

Pay Attention to the Hammer Candlestick Formation

注意锤子烛台形态

The hammer candlestick formation is known as a bullish reversal pattern with a small body and a long lower shadow. This pattern emerges during price declines and indicates an attempt to find the asset’s bottom levels.

锤子烛台形态被称为看涨反转形态，具有较小的烛身和较长的下影线。这种模式在价格下跌期间出现，表明试图找到资产的底部水平。

It also signals that buyers are entering the market and starting to push prices back up. This could be a signal for investors to consider taking long positions or buying the asset. Moreover, the bullish formation being supported by the RSI outlook indicates the strength of the rise. The RSI defending the 45 level suggests that Dogecoin (DOGE) could start to recover and move towards the 50% Fibonacci retracement level. This scenario sets the 0.2 dollar level as a target for the price.

这也表明买家正在进入市场并开始推高价格。这可能是投资者考虑持有多头头寸或购买资产的信号。此外，RSI 前景支持的看涨形态表明上涨的强度。 RSI 守住 45 水平表明狗狗币 (DOGE) 可能开始复苏并朝 50% 斐波那契回撤水平移动。这种情况将 0.2 美元水平设定为价格目标。

Strong Movements in Bitcoin Price Should Be Monitored

应监控比特币价格的强劲波动

Cryptocurrency flagship Bitcoin’s strong movement could encourage Dogecoin (DOGE) price to reclaim its local peak. However, if selling pressure increases, DOGE price could fall below $0.1606. This situation would not only temper bullish expectations but also increase the likelihood of further declines.

加密货币旗舰比特币的强劲走势可能会鼓励狗狗币（DOGE）价格重回当地峰值。然而，如果抛售压力增加，DOGE 价格可能会跌破 0.1606 美元。这种情况不仅会削弱看涨预期，还会增加进一步下跌的可能性。

In conclusion, the coming days and weeks could be exciting for the cryptocurrency Dogecoin (DOGE). Investors should monitor the $0.2 levels as a target for the price.

总之，未来几天和几周对于加密货币狗狗币（DOGE）来说可能会令人兴奋。投资者应关注 0.2 美元水平作为价格目标。