The post Memecoins Lose Momentum: Dogecoin (DOGE) and Shiba Inu (SHIB) Prices Plunge Aiming to Hit the Lower Support appeared first on Coinpedia Fintech News
Memecoins 失去动力:Dogecoin (DOGE) 和 Shiba Inu (SHIB) 价格暴跌旨在触及较低支撑位的帖子首先出现在 Coinpedia 金融科技新闻上
While Bitcoin started the week with a fine consolidation that it carried out throughout the weekend. Besides, the altcoins continue to suffer and have been corrected majorly, displaying the impending bearish actions. Among them are the popular memecoins Dogecoin and Shiba Inu which have been registered as the biggest losers for the day. When the Bitcoin price remains stuck around $27,800, will these tokens test the lower support?
比特币在本周伊始就进行了整个周末的良好盘整。此外,山寨币继续遭受损失并已大幅修正,显示出即将出现的看跌行动。其中包括流行的模因币狗狗币和柴犬,它们已被登记为当天最大的输家。当比特币价格保持在 27,800 美元附近时,这些代币是否会测试较低的支撑位?
Dogecoin (DOGE) Price Analysis
狗狗币 (DOGE) 价格分析
Dogecoin has pulled a fresh leg down and is testing the pivotal support zone between $0.567 and $0.571 for the third time in 2023. The DOGE price has been trading within a descending triangle ever since it faced a huge rejection in the last quarter of 2022. Now that the price is approaching the apex of the bearish pattern, the possibility of a major price action appears imminent.
狗狗币再次下跌,正在 2023 年第三次测试 0.567 美元至 0.571 美元之间的关键支撑区域。自从 2022 年最后一个季度遭遇巨大拒绝以来,狗狗币价格一直在下降三角形内交易。如果价格正在接近看跌形态的顶点,则重大价格走势的可能性似乎迫在眉睫。
Although the technicals do not point towards a bullish reversal, the bulls appear to be gaining some strength. The average directional index (ADX), which is used to determine the strength of the trend, is trying to rebound from its interim lows. It indicates the rally is closer to gaining momentum and may trigger a rebound in the next few hours. Now that the price has reached the liquidity zone, a greater possibility of a trend reversal could be witnessed soon and reach beyond $0.6.
尽管技术面并未指向看涨逆转,但多头似乎正在获得一些力量。用于确定趋势强度的平均方向指数(ADX)正试图从中期低点反弹。这表明反弹势头已接近增强,并可能在未来几个小时内引发反弹。现在价格已经到达流动性区域,很快就会出现趋势反转并突破 0.6 美元的可能性更大。
Shiba Inu (SHIB) Price Analysis
柴犬 (SHIB) 价格分析
Being distinct from the majority of the crypto market, the Shiba Inu price has been maintaining a descending trend since the beginning of the year. The price has been trading within a falling wedge, which suggests a bearish narrative in the long term. However, strong support at $0.00000648 could hinder the descending trend.
与大多数加密货币市场不同,柴犬价格自年初以来一直保持下跌趋势。价格一直在下降楔形内交易,这表明长期看跌。然而,0.00000648 美元的强劲支撑可能会阻碍下降趋势。
In the coming days, the price is believed to maintain a steep descending trend and test the lower support close to $0.0000065 or below. As the RSI has already reached oversold levels, a flip in these levels may eventually trigger a notable rebound in the SHIB price. As the trade progresses towards the monthly close, a larger possibility of surging above the upper resistance could be pivotal, reaching levels close to $0.000008.
未来几天,价格预计将维持大幅下跌趋势,并测试接近 0.0000065 美元或以下的较低支撑位。由于 RSI 已经达到超卖水平,这些水平的翻转最终可能会引发 SHIB 价格的显着反弹。随着交易接近月度收盘,突破上方阻力位的可能性更大,达到接近 0.000008 美元的水平可能至关重要。