Investors Analyze Dogecoin, Cardano, and Avalanche Prices

投资者分析狗狗币、卡尔达诺和雪崩价格

Investors continue to monitor altcoins alongside Bitcoin, particularly those ranked among the top 10 by volume. As the day of August 29 approaches, investors are eager to understand potential price movements for DOGE, ADA, and AVAX.

投资者继续关注比特币和山寨币，特别是那些按交易量排名前十的山寨币。随着 8 月 29 日的临近，投资者渴望了解 DOGE、ADA 和 AVAX 的潜在价格走势。

Dogecoin Price Analysis

狗狗币价格分析

On August 24, Dogecoin (DOGE) began a downward trend from its 50-day SMA of $0.11, and on August 26, fell below its 20-day EMA of $0.10. This raised concerns among investors.

8 月 24 日，狗狗币 (DOGE) 从 0.11 美元的 50 日均线开始下跌，并于 8 月 26 日跌破 0.10 美元的 20 日均线。这引起了投资者的担忧。

DOGE is expected to find support between $0.10 and $0.09. Bulls may attempt to push the price above the falling wedge formation, signaling an end to the current downtrend. A breakout above this formation could result in an upward move towards $0.14.

DOGE 预计将在 0.10 美元至 0.09 美元之间找到支撑。多头可能会试图将价格推高至下降楔形上方，从而表明当前下跌趋势的结束。突破该形态可能导致价格上涨至 0.14 美元。

Conversely, a price drop below the support zone would indicate ongoing bear influence. DOGE could then fall to the strong support at $0.08 or potentially lower.

相反，价格跌破支撑区域将表明持续的空头影响。随后 DOGE 可能会跌至 0.08 美元的强支撑位或可能更低。

Cardano Price Analysis

卡尔达诺价格分析

Cardano (ADA) also experienced a decline on August 26, falling below its 50-day SMA of $0.38, indicating reduced demand.

卡尔达诺（ADA）在 8 月 26 日也出现下跌，跌破 0.38 美元的 50 日移动平均线，表明需求减少。

As the price continued to fall, ADA breached its 20-day EMA of $0.36 on August 27. A minor support level exists at the uptrend line, but if this level breaks, the price may decline to $0.31.

随着价格持续下跌，ADA 在 8 月 27 日突破了 20 日均线 0.36 美元。上升趋势线存在较小的支撑位，但如果突破该水平，价格可能会跌至 0.31 美元。

However, if a trend reversal occurs and the price rises from current levels, bulls may aim to push it back above the 50-day SMA. If successful, a rally towards the downtrend line could ensue.

然而，如果趋势发生逆转并且价格从当前水平上涨，多头可能会试图将其推回到 50 日移动平均线上方。如果成功，可能会向下降趋势线反弹。

AVAX Analysis

AVAX分析

On August 25, Avalanche (AVAX) moved downward from the resistance line of the descending channel formation, demonstrating bearish resistance to breakout attempts.

8 月 25 日，Avalanche (AVAX) 从下降通道形成的阻力线向下移动，显示出对突破尝试的看跌阻力。

Following the downward push, the price reached its 20-day EMA of $23.89, a critical point of defense for bulls. If the price rebounds strongly from this level, it could suggest that dips are being acquired.

在下行推动之后，价格触及 20 日均线 23.89 美元，这是多头的关键防御点。如果价格从该水平强劲反弹，则可能表明正在逢低买入。

This could trigger a breakout above the channel, allowing for a rally towards $33 and potentially $37. However, a bearish scenario could result in a drop to $19.50 or further.

这可能会触发通道上方的突破，从而反弹至 33 美元，甚至可能上涨至 37 美元。然而，看跌情况可能会导致价格跌至 19.50 美元或进一步。