In an unprecedented turn of events, following a remarkable price rally witnessed by Dogecoin, one of the most popular meme-based cryptocurrencies, the token now appears to be facing a correction phase in the market. This piqued the interest of crypto market enthusiasts across the globe as DOGE’s price noted a slip below the $0.22 mark recently, with today’s massive DOGE dump to a CEX further weighing in.

在前所未有的事件转变中，继狗狗币（最受欢迎的基于模因的加密货币之一）见证了显着的价格上涨之后，该代币现在似乎面临着市场的调整阶段。这引起了全球加密货币市场爱好者的兴趣，因为 DOGE 的价格最近跌破了 0.22 美元大关，而今天 DOGE 向 CEX 的大规模抛售进一步加剧了压力。

Insights revealed by the blockchain tracker Whale Alert illustrated nearly 140 million DOGE offloaded amid Dogecoin’s today’s bearish turn. This promptly gave rise to a tidal wave of speculation surrounding the meme-based token’s potential price action ahead.

区块链追踪器 Whale Alert 透露的见解显示，在狗狗币今天的看跌转向中，近 1.4 亿枚 DOGE 被抛售。这立即引发了围绕这种基于模因的代币未来潜在价格走势的猜测浪潮。

Whale Dump Adds Bearish Tint To DOGE

According to Whale Alert’s insights, 139.99 million DOGE, worth $30.22 million, was shifted to Coinbase in the past 24 hours. Resulting in DOGE supply gains on exchanges, this dump further fell in line with DOGE’s bearish turn, per CoinMarketCap’s data.

Whale Dump 给 DOGE 增添了看跌色彩 根据 Whale Alert 的洞察，过去 24 小时内，价值 3022 万美元的 1.3999 亿 DOGE 被转移到 Coinbase。根据 CoinMarketCap 的数据，导致交易所 DOGE 供应量增加，这次抛售进一步下跌，与 DOGE 的看跌转向一致。

🚨 🚨 139,999,966 #DOGE (30,224,819 USD) transferred from unknown wallet to #Coinbasehttps://t.co/5vGqsPA5eb

🚨 🚨 139,999,966 #DOGE（30,224,819 美元）从未知钱包转移到#Coinbasehttps://t.co/5vGqsPA5eb

— Whale Alert (@whale_alert) March 29, 2024

— 鲸鱼警报 (@whale_alert) 2024 年 3 月 29 日

Intriguingly, while today’s price correction and the aforementioned dump added a bearish splash to Dogecoin, the meme token’s broader charts contrastingly illustrated signs of sustained upward momentum, gradually shifting from a downtrend to an uptrend, defined by a U-shaped recovery.

有趣的是，虽然今天的价格调整和上述暴跌给狗狗币带来了看跌影响，但 meme 代币的更广泛的图表却相反地显示出持续上涨势头的迹象，逐渐从下降趋势转变为上升趋势，由 U 形复苏定义。

This stirred a whirlpool of speculation among crypto market traders and investors globally, as on-chain market dynamics further showcased a downtrend for DOGE.

这激起了全球加密货币市场交易者和投资者的猜测漩涡，因为链上市场动态进一步显示了 DOGE 的下跌趋势。

Also Read: Litecoin (LTC) Price Breaks Past $105, Major Price Rally Expected in April

另请阅读：莱特币 (LTC) 价格突破 105 美元，预计 4 月份价格大幅上涨

Dogecoin’s Price Slips

As of writing, the Dogecoin token’s price has dropped 1.62% in the past 24 hours and is currently resting at $0.2125. Notably, the meme coin’s charts illustrate that the token witnessed quite a flux over the past day, nabbing investor attention.

狗狗币价格下跌截至撰写本文时，狗狗币代币的价格在过去 24 小时内下跌了 1.62%，目前价格为 0.2125 美元。值得注意的是，模因代币的图表表明，该代币在过去一天经历了相当大的变化，吸引了投资者的注意力。

Meanwhile, the derivatives data showcased a 3.08% drop in the open interest and a 46.28% dip in volume, flagging to the token’s downtrend in the market. However, analysis by CoinGape Media spotlighted a crucial movement showcased by Dogecoin.

与此同时，衍生品数据显示，未平仓合约下降了 3.08%，交易量下降了 46.28%，表明该代币在市场上呈下降趋势。然而，CoinGape Media 的分析凸显了狗狗币的一个关键动向。

Notably, the token recently broke the resistance of $0.206 to hit a 28th-month high of $0.2288, fueling investor enthusiasm. However, following corrections witnessed, as mentioned above, the DOGE price will likely retest the breached resistance and potential support. Simultaneously, a sustained breakout could cushion buyers to pursue a possible target of $0.27, escorted by $0.3.

值得注意的是，该代币最近突破了 0.206 美元的阻力位，触及 28 个月高点 0.2288 美元，激发了投资者的热情。然而，如上所述，在出现修正之后，DOGE 价格可能会重新测试突破的阻力位和潜在支撑位。同时，持续突破可能会缓冲买家追求 0.27 美元的可能目标，并受到 0.3 美元的支撑。

Also Read: Crypto Prices Today March 30: Bitcoin To Drop Below $70K SOL & XRP Gain As WIF Hits ATH

另请阅读：3 月 30 日今日加密货币价格：随着 WIF 触及 ATH，比特币将跌破 7 万美元 SOL 和 XRP 涨幅