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What is the Dogecoin price target? Investors are waiting

狗狗币的目标价格是多少?投资者正在等待

发布: 2023/11/09 07:00 阅读: 365

原文作者:COINTURK NEWS

原文来源:https://en.coin-turk.com/what-is-the-dogecoin-price-target-investors-are-waiting/

While the king cryptocurrency continues to hover around $35,000, some altcoins are experiencing double-digit increases. However, DOGE is currently an exception to this. There are notable signals on the on-chain side and the DOGE chart has been showing an upward trend for a few days. So, what is the price target for Dogecoin? What can investors expect?

虽然加密货币之王继续徘徊在 35,000 美元左右,但一些山寨币正在经历两位数的增长。然而,DOGE 目前是一个例外。链上信号显着,DOGE 图表连续几天呈现上升趋势。那么,狗狗币的目标价格是多少?投资者可以期待什么?

Dogecoin (DOGE) Analysis

We recently mentioned that Dogecoin whales have been accumulating for a week. Dogecoin whales have also started accumulating. According to IntoTheBlock data, the accumulation of whales holding at least $100,000 worth of DOGE has increased from 7.65 billion to 9.35 billion. This indicates that crypto whales have significantly increased their investments in the past month.

狗狗币(DOGE)分析我们最近提到狗狗币鲸鱼已经积累了一周。狗狗币鲸鱼也开始积累。根据IntoTheBlock数据,持有价值至少10万美元DOGE的鲸鱼的积累量已从76.5亿增加到93.5亿。这表明加密鲸鱼在过去一个月大幅增加了投资。

Optimism is further strengthened as miner sales decrease. Typically, such a significant increase in whale holdings allows the price to rise further. However, despite strong demand, we have not yet seen a price recovery that can meet this demand.

随着矿商销量下降,乐观情绪进一步增强。通常情况下,鲸鱼持有量的大幅增加会导致价格进一步上涨。然而,尽管需求强劲,但我们尚未看到能够满足这一需求的价格复苏。

Dogecoin Predictions

Along with the demand from whales and the halt sales of miners, demand in spot markets is also strengthening. According to order book data from 10 crypto exchanges, including Binance and Coinbase, bulls have placed active orders to buy 872,000 DOGE at current prices. Meanwhile, sellers have 810 million DOGE ready for sale.

狗狗币预测随着鲸鱼的需求和矿商的停止销售,现货市场的需求也在增强。根据币安和 Coinbase 等 10 家加密货币交易所的订单簿数据,多头已下达活跃订单,以当前价格购买 872,000 DOGE。与此同时,卖家有 8.1 亿个 DOGE 可供出售。

Therefore, due to the supply ready for sale below the current demand, the price needs to rise for one more reason. The current Dogecoin investors hold a portion of 18 billion DOGE worth at a cost of $0.081, keeping the meme coin king in their hands. This implies that a price increase may encounter a selling wave at $0.081.

因此,由于待售供应量低于当前需求,价格需要上涨的原因又多了一个。目前狗狗币投资者以 0.081 美元的成本持有价值 180 亿枚 DOGE 的一部分,将 meme 币王牢牢掌握在自己手中。这意味着价格上涨可能会在 0.081 美元处遇到抛售浪潮。

However, if crypto whales continue to buy Dogecoin, the price rally could reach $0.1 as predicted. So, what about the opposite scenario? Closures below $0.066 for the DOGE price could reverse the bullish sentiment.

然而,如果加密鲸鱼继续购买狗狗币,价格涨幅可能会达到预期的 0.1 美元。那么,相反的情况又如何呢? DOGE 价格收盘价低于 0.066 美元可能会扭转看涨情绪。

It should be noted here that in the event of a possible rapid decline in BTC, there could be a strong pullback supported by whale and miner sales. The DOGE community, which has not been able to benefit enough from the recent BTC rally, could lead the losses in a strong corrective movement. In a possible doomsday scenario, the new annual low of $0.035 could turn into a frightening reality.

这里应该指出的是,如果比特币可能快速下跌,鲸鱼和矿商销售可能会出现强劲回调。 DOGE 社区未能从近期 BTC 的上涨中获得足够的收益,可能会在强劲的调整运动中导致损失。在可能的世界末日场景中,0.035 美元的年度新低可能会变成一个可怕的现实。

Disclaimer: The information in this article does not constitute investment advice. Investors should be aware of the high volatility and therefore the risk of cryptocurrencies and should conduct their transactions based on their own research.

免责声明:本文信息不构成投资建议。投资者应意识到加密货币的高波动性和风险,并应根据自己的研究进行交易。

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