You can also read this news on BH NEWS: Dogecoin Rallies as Bitcoin Treads Cautiously in Volatile Market
您还可以在 BH NEWS 上阅读此新闻:比特币在波动的市场中谨慎行事,狗狗币反弹
The digital asset market is witnessing a contrasting performance as Bitcoin fights to re-establish its position above the $60,000 mark, facing market uncertainties, while Dogecoin exhibits a robust surge. The latter’s unexpected rally defies the stagnant growth observed in the supply of numerous leading altcoins, sparking interest in Dogecoin’s future trajectory.
数字资产市场的表现形成鲜明对比,比特币面临市场不确定性,努力重新站稳 60,000 美元以上的位置,而狗狗币则表现强劲。后者的意外上涨与众多领先山寨币供应量增长停滞的情况背道而驰,引发了人们对狗狗币未来发展轨迹的兴趣。
DOGE’s Surprising Market Leap
DOGE 令人惊讶的市场飞跃
Dogecoin has bounced from a critical Fibonacci retracement level, registering a 40% price escalation within a span of four days, reaching a trading price of $0.17. Market enthusiasts are now speculating whether Dogecoin can carry this momentum forward to cross the $0.22 threshold. Analysis of the daily timeframe hints at a flag pattern development, suggesting a possible consolidation phase before a further price movement.
狗狗币已从关键的斐波那契回撤位反弹,四天内价格上涨 40%,交易价格达到 0.17 美元。市场爱好者现在正在猜测狗狗币是否能够继续保持这种势头,突破 0.22 美元的门槛。对每日时间框架的分析暗示了旗形形态的发展,表明在进一步的价格变动之前可能存在盘整阶段。
Such chart patterns typically emerge within a prevailing uptrend, indicating a brief consolidation that allows investors to gather strength for the next push. Dogecoin’s price spike coincides with Elon Musk’s X Payments expanding its services, securing money transmission licenses in multiple states, which may have contributed to the optimism surrounding Dogecoin.
这种图表模式通常出现在当前的上升趋势中,表明短暂的盘整,使投资者能够为下一次推动积聚力量。狗狗币的价格飙升恰逢埃隆·马斯克 (Elon Musk) 的 X Payments 扩大其服务,在多个州获得汇款许可证,这可能加剧了围绕狗狗币的乐观情绪。
The Impact of X Payments’ Expansion
X Payments 扩张的影响
The expansion of X Payments and its acquisition of new licenses has sparked conversations about the potential integration of cryptocurrencies like Dogecoin into broader financial networks. Dogecoin’s recent 11.6% daily gain positions it to test the upper boundary of the flag pattern. A break through this level could indicate a bullish continuation, providing support for the currency’s upward trajectory.
X Payments 的扩张及其获得新许可证引发了有关将狗狗币等加密货币整合到更广泛的金融网络中的可能性的讨论。狗狗币最近 11.6% 的日涨幅使其能够测试旗形形态的上限。突破该水平可能表明看涨持续,为货币的上行轨迹提供支持。
Should Dogecoin manage to breach the flag formation, a subsequent rally could propel its value by an additional 46%, potentially touching the $0.26 mark. This represents a considerable gain from current levels. While the broader cryptocurrency market grapples with uncertainty, Dogecoin’s 40% ascent to $0.17, propelled by developments around Elon Musk’s financial ventures and strategic licensing, indicates a positive sentiment that could translate into a significant uptrend, according to industry analysts.
如果狗狗币成功突破旗形形态,随后的反弹可能会使其价值再上涨 46%,有可能触及 0.26 美元大关。这与当前水平相比取得了相当大的进步。行业分析师表示,虽然更广泛的加密货币市场面临着不确定性,但在埃隆·马斯克(Elon Musk)金融企业和战略许可发展的推动下,狗狗币上涨了 40% 至 0.17 美元,这表明积极的情绪可能会转化为显着的上涨趋势。
The post first appeared on BH NEWS: Dogecoin Rallies as Bitcoin Treads Cautiously in Volatile Market
该帖子首次出现在 BH 新闻上:比特币在波动的市场中谨慎行事,狗狗币反弹