Dogecoin Price Tumbles Despite Whale Activity Surge

尽管鲸鱼活动激增，狗狗币价格仍暴跌

Dogecoin has experienced a surge in whale activity, with over 150 transactions exceeding $1 million in the past 24 hours. However, the price has witnessed a sharp decline of 8.71% to $0.1472, amidst high trading volume and bearish sentiment.

狗狗币的鲸鱼活动激增，过去 24 小时内超过 100 万美元的交易超过 150 笔。然而，在高交易量和看跌情绪的影响下，价格大幅下跌 8.71% 至 0.1472 美元。

Technical Analysis

技术分析

• Key Support: $0.1430
• Key Resistance: $0.1612

Price Trend

关键支撑位：0.1430美元关键阻力位：0.1612美元价格趋势

Dogecoin's price has shown significant volatility in the short term. After starting at approximately $0.1612, it plummeted to a low of $0.1430 before rebounding slightly to $0.1472. The rapid price drop indicates substantial selling pressure.

狗狗币的价格在短期内表现出明显的波动。从约 0.1612 美元开始，暴跌至 0.1430 美元低点，然后小幅反弹至 0.1472 美元。价格快速下跌表明抛售压力巨大。

Support and Resistance Levels

支撑位和阻力位

• Support Level: $0.1430, representing the recent low. If breached, the price could drop to $0.1420.

• Resistance Levels:

  支撑位：0.1430 美元，代表近期低点。如果突破，价格可能会跌至 0.1420 美元。阻力位：

  • $0.1612, serving as a significant resistance point before the decline.
  • $0.1580 to $0.1590, indicating minor resistance where the price briefly consolidated.

Technical Indicators

0.1612 美元，作为下跌前的重要阻力点。0.1580 美元至 0.1590 美元，表明价格短暂盘整的小阻力。技术指标

• RSI: At 40.67, suggesting oversold conditions.
• MACD: Below the signal line, indicating a short-term bearish trend.

Despite the high whale activity, Dogecoin's price has fallen. The technical analysis suggests that the price could face further downward pressure if the key support level of $0.1430 is breached.

RSI：位于40.67，表明超卖状况。 MACD：低于信号线，表明短期看跌趋势。尽管鲸鱼活动很高，但狗狗币的价格已经下跌。技术分析表明，如果突破 0.1430 美元的关键支撑位，价格可能面临进一步下行压力。

Source: CryptoTale

来源：CryptoTale