You can also read this news on BH NEWS: Resilience of Dogecoin Amidst Cryptocurrency Market Downturn
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In the face of a widespread decline in the cryptocurrency market, Dogecoin (DOGE) has notably managed to hold its value above a critical support level of $0.075. This consistency in maintaining its price point suggests a strong buyer presence and a potential positive market sentiment for DOGE.
面对加密货币市场的普遍下跌,狗狗币 (DOGE) 显着成功地将其价值保持在 0.075 美元的关键支撑位之上。这种维持其价格点的一致性表明了强劲的买家存在以及 DOGE 潜在的积极市场情绪。
Momentum for a Dogecoin Rise
狗狗币上涨的动力
Despite Dogecoin’s resilience, its upward trajectory is hindered by a resistance level at $0.0877, suggesting a possible phase of lateral movement in the market. January 2024 saw Dogecoin experiencing significant price volatility, yet it remained above the $0.075 support level, indicating sustained buyer interest.
尽管狗狗币具有弹性,但其上行轨迹受到 0.0877 美元阻力位的阻碍,这表明市场可能进入横向波动阶段。 2024 年 1 月,狗狗币经历了大幅价格波动,但仍高于 0.075 美元的支撑位,表明买家兴趣持续。
Technical analysis shows that this support level is reinforced by the 61.8% Fibonacci retracement and the 200-day EMA. A recent increase in the EMA slope has contributed to a 6.5% rise in Dogecoin’s value over a week, positioning its price around $0.081.
技术分析显示,61.8% 斐波那契回撤位和 200 日均线强化了该支撑位。最近 EMA 斜率的增加导致狗狗币的价值在一周内上涨了 6.5%,将其价格定位在 0.081 美元左右。
The Dogecoin network has seen a surge in growth, with a notable 1,100% increase in new addresses in the last week, culminating in a record high of 247,240 new addresses on January 29th. This expansion could positively influence DOGE’s future value.
狗狗币网络增长迅猛,上周新地址显着增加 1,100%,最终在 1 月 29 日达到 247,240 个新地址,创下历史新高。这种扩张可能会对 DOGE 的未来价值产生积极影响。
With the network’s growth and signs of market recovery, DOGE may surpass the resistance at $0.087. A successful breakout could lead to a 22% increase in value, potentially signaling a trend reversal for Dogecoin.
随着网络的增长和市场复苏的迹象,DOGE 可能会突破 0.087 美元的阻力位。成功突破可能会导致价值上涨 22%,这可能预示着狗狗币的趋势逆转。
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