The post Memecoins Mania Fading Away! DOGE Price To Record New Yearly Low Soon? appeared first on Coinpedia Fintech News
后 Memecoins 狂热正在消退! DOGE价格即将创下年度新低?首先出现在 Coinpedia 金融科技新闻上
Despite the increased market volatility, the Memecoins display bearish sentiment, suggesting a change of interest among the investors. Further, the category leader, Dogecoin has recorded a neutral week as the token has experienced a correction of less than 2% in valuation.
尽管市场波动加剧,Memecoin 仍表现出看跌情绪,表明投资者的兴趣发生了变化。此外,该类别的领导者狗狗币本周表现中性,因为该代币的估值调整幅度不到 2%。
The star memecoin traded in a closed range between $0.08931 and $0.09366 for a brief period, following which the market experienced a strong bearish move, resulting in the Dogecoin price recording a loss of approximately 15% in valuation.
明星模因币在 0.08931 美元至 0.09366 美元之间的区间内短暂交易,随后市场经历了强烈的看跌走势,导致狗狗币的估值损失了约 15%。
After this, the price traded between $0.07981 and $0.08416 for three days, following which the bulls lost momentum and broke down the support level. After testing its crucial support level of $0.07597, the bulls regained momentum and pushed its price back into the range.
此后,价格在 0.07981 美元至 0.08416 美元之间交易了三天,随后多头失去了动力并跌破了支撑位。在测试了 0.07597 美元的关键支撑位后,多头重新获得动力并将其价格推回到该区间。
The DOGE price then traded sideways for about a week, indicating weak buying and selling pressure in the crypto space. The bulls struggled to hold the price above the support level of $0.07981, resulting in a price breakdown, but the bulls held the price strong above the crucial support level.
随后 DOGE 价格横盘交易约一周,表明加密货币领域的买卖压力疲软。多头努力将价格保持在 0.07981 美元的支撑位上方,导致价格崩溃,但多头将价格保持在关键支撑位上方。
As the market volatility grew, the Doge coin price experienced a jump of approximately 10%. Since then, the price has been trading under a bearish influence and has been trading in a closed range between $0.07597 and $0.07981, suggesting a weak price action.
随着市场波动加剧,Doge 币价格上涨了约 10%。此后,价格一直在看跌影响下交易,并一直在 0.07597 美元至 0.07981 美元之间的封闭区间内交易,表明价格走势疲软。
Will DOGE Price Rise Back Up?
DOGE价格会回升吗?
The Relative Strength Index (RSI) displays a sideways trend, indicating weak buying and selling pressure in the market. Further, the averages show a bullish curve, suggesting the price will experience a significant price action soon.
相对强弱指数(RSI)呈横盘走势,表明市场买卖压力较弱。此外,平均值显示出看涨曲线,表明价格很快将经历重大价格走势。
If the bulls push the price above the resistance level of $0.07981, the DOGE price will prepare to test its upper resistance level of $0.08416 soon. Maintaining the price at that level will set the stage for Dogecoin to attempt to test its resistance level of $0.08931 in the coming time.
如果多头将价格推高至 0.07981 美元的阻力位,那么 DOGE 价格将很快准备测试其上方阻力位 0.08416 美元。将价格维持在该水平将为狗狗币在未来尝试测试其阻力位 0.08931 美元奠定基础。
Conversely, if the bears overpowered the bulls, the memecoin would lose momentum and fall to test its support level of $0.07597. Moreover, if the bears continue to dominate the market, it will further plunge and prepare to test its lower support level of $0.07168 during the coming week.
相反,如果空头压倒多头,memecoin 将失去动力并下跌以测试 0.07597 美元的支撑位。此外,如果空头继续主导市场,则金价将进一步暴跌,并准备在未来一周测试其较低的支撑位 0.07168 美元。