Developments in the cryptocurrency market continue at full speed. Recently, Bitcoin, which rose to the level of $38,000, lost $2,000 in value in the last few hours. At the time of writing this article, Bitcoin is trading at $36,378. While this development has caused a decline in many altcoins, what is happening in the Dogecoin camp? Let’s take a look together.
加密货币市场继续全速发展。最近,比特币价格上涨至 38,000 美元,在过去几个小时内贬值了 2,000 美元。在撰写本文时,比特币交易价格为 36,378 美元。虽然这种发展导致许多山寨币下跌,但狗狗币阵营正在发生什么?我们一起来看看吧。
Dogecoin Chart Analysis
狗狗币图表分析
The first notable formation in the Dogecoin daily chart is the descending wedge structure. With the recent rise, the resistance line in this formation acted as support for DOGE today. Additionally, the fact that the EMA 200 level (red line) served as support during the decline is a positive development worth noting for DOGE.
狗狗币日线图中第一个值得注意的形态是下降楔形结构。随着近期的上涨,该形态中的阻力线成为今日 DOGE 的支撑。此外,200 指数移动平均线(红线)在下跌期间充当支撑这一事实对于 DOGE 来说是一个值得注意的积极进展。
The support levels that need to be followed for DOGE are respectively; $0.07149, $0.06742, and $0.06521. Especially, the break of the $0.07149 level would cause DOGE’s price to enter the formation zone and weaken the upward momentum. In such a case, the first target would be the EMA 200 level, and the second target would be the formation support line.
DOGE需要遵循的支撑位分别是: 0.07149 美元、0.06742 美元和 0.06521 美元。特别是,突破0.07149美元水平将导致DOGE的价格进入形成区并削弱上涨动力。在这种情况下,第一个目标将是 200 EMA 水平,第二个目标将是形成支撑线。
The resistance levels that need to be considered for DOGE are respectively; $0.07662, $0.08038, and $0.08422. Especially, the daily bar closing above the stubborn $0.076662 level in recent days will ensure the continuation of the upward momentum for DOGE.
DOGE需要考虑的阻力水平分别是: 0.07662 美元、0.08038 美元和 0.08422 美元。特别是,最近几天收盘于 0.076662 美元的顽强水平上方的日线柱将确保 DOGE 的上行势头持续下去。
DOGE/ETH Chart Analysis
DOGE/ETH 图表分析
The DOGE/ETH pair’s daily chart draws attention to the support line that has been in effect since August. The pair, which gained strength from the support in the early days of November, continues its upward trend by closing above the EMA 200 average (red level). The recent loss of momentum in recent days can be a cause for concern for many investors.
DOGE/ETH 货币对的日线图引起人们对自 8 月份以来一直有效的支撑线的关注。该货币对从 11 月初的支撑位中获得强势,收于 200 EMA 均线(红色水平)上方,继续其上升趋势。最近几天的势头丧失可能引起许多投资者的担忧。
The support levels that need to be followed for DOGE/ETH are respectively; 0.0000390, 0.0000385, and 0.0000380. Especially, if a bar closes below the 0.0000385 level, it will lead to a further acceleration of the downward momentum by staying below the EMA 7, EMA 21, and EMA 200 levels, and in this case, DOGE will continue to lose value against Ethereum.
DOGE/ETH 需要遵循的支撑位分别是: 0.0000390、0.0000385 和 0.0000380。特别是,如果一根柱线收于 0.0000385 水平以下,则停留在 EMA 7、EMA 21 和 EMA 200 水平下方,将导致下行势头进一步加速,在这种情况下,DOGE 将继续对以太坊贬值。
The resistance levels that need to be considered for DOGE/ETH are respectively; 0.000041, 0.000042, and 0.000043. If the daily bar closing above the unbeatable 0.000041 level occurs, it will accelerate the upward momentum and cause DOGE to gain value against Ethereum.
DOGE/ETH需要考虑的阻力位分别是: 0.000041、0.000042 和 0.000043。如果日线收盘价高于无与伦比的 0.000041 水平,它将加速上涨势头,并导致 DOGE 相对于以太坊获得价值。
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