
The crypto market is having a green day, as most cryptocurrencies have seen small gains in the last 24 hours. DOGE price has also seen a small increase as it now trades at $0.1584. This Dogecoin price surge marks a 1.90% daily increase, although the weekly price performance is still red.
加密貨幣市場正在度過綠色的日子,因為大多數加密貨幣在過去24小時內都有很小的收益。 Doge Price也有很小的上漲,因為它現在的交易價格為0.1584美元。儘管每週的價格表現仍然是紅色,但這種狗果價格上漲的速度為每日1.90%。
Over the past months, the performance of Dogecoin has been underwhelming, as it has been in a slow downtrend. As such, today’s climb has excited the investors, especially considering that the excitement might be short-lived as DOGE whales seem to be selling.
在過去的幾個月中,Dogecoin的表現一直令人難以置信,因為它的下降趨勢緩慢。因此,今天的攀登使投資者感到興奮,尤其是考慮到這種興奮可能是短暫的,而Doge Whales似乎正在出售。
What’s Behind the $75 Million Dogecoin Whale Move?
耗資7500萬美元的狗狗鯨的背後是什麼?
On April 17, the Whale Alert crypto tracking service detected a massive transaction of 478,000,000 DOGE. Based on the reports, the transaction was done between two anonymous addresses. The stockpile of DOGE is equal to almost $75 million and was not traced further.
4月17日,鯨警報加密跟踪服務檢測到478,000,000多名的大規模交易。根據報告,交易是在兩個匿名地址之間完成的。 Doge的庫存等於近7500萬美元,沒有進一步追踪。
Such a significant transaction caused uproar in the community as investors speculated on the possible reasons for this movement. One reason could be that a DOGE whale is purchasing over-the-counter products. However, another reason could be that big investors are getting ready for a big price movement.
如此重大的交易引起了社區的騷動,因為投資者推測了這一運動的可能原因。原因之一可能是,一隻鯨魚是購買非處方產品。但是,另一個原因可能是,大投資者正在為大價變動做好準備。
Is Dogecoin Failing After Whale Sell-Offs?
鯨魚拋售後,多黴素會失敗嗎?
We had a recent development on the DOGE whale movements. Crypto analyst Ali Martinez posted an X post in which he stated that whales have been selling Dogecoins. His X post was accompanied by a chart that showed over 500 million Dogecoins have been sold by whales. Additionally, based on this chart, we also see that most sellers were holding 10,000,000 to 100,000,000 DOGE. This sell-off also coincided with the April 14 crypto market crash, which pushed the DOGE price from $0.1680 to $0.15594.
我們最近在Doge Whale運動方面進行了發展。加密分析師阿里·馬丁內斯(Ali Martinez)發布了X帖子,他說鯨魚一直在賣狗狗。他的X帖子伴隨著一張圖表,顯示鯨魚已經出售了超過5億多黴素。此外,基於此圖表,我們還看到大多數賣家都拿著10,000,000至100,000,000個Doge。這種拋售也與4月14日的加密貨幣市場崩潰相吻合,該崩潰將總督價格從0.1680美元提高到0.15594美元。
This transfer marked 570 million tokens being sold, which was almost worth $90 million. As such, with the reported 470 million DOGE movement in the last week, now 1,048,000,000 DOGE could have been sold. This means that nearly $165 million is now gone from the liquidity of the DOGE market.
這種轉讓標誌著5.7億個令牌被出售,幾乎價值9000萬美元。因此,據報導,上周有4.7億個門檻運動,現在可能已經出售了1,048,000,000多名。這意味著目前將近1.65億美元從門多格市場的流動性中消失了。
However, despite this bearish development, today we saw a small but meaningful Dogecoin price surge. Moreover, based on the price action of DOGE, the technical Dogecoin price prediction remains bullish.
然而,儘管有這種看跌的發展,但今天我們看到了一個小但有意義的狗狗幣的價格上漲。此外,根據Doge的價格行動,技術Dogecoin的價格預測仍然是看好的。
Will Dogecoin Price Surge Lead to a Bullish Breakout?
Dogecoin的價格飆升會導致看漲的突破嗎?
Today, the price of DOGE has started to rise, although it remains below the 50-day and 200-day EMAs. We can also see a crossover as the 50-day EMA broke under the 200-day EMA. Although this is a bearish sign, the price of DOGE shows resilience and has kept its small gain. However, there are also bullish indicators that support a positive Dogecoin price prediction.
如今,Doge的價格已經開始上漲,儘管它仍然低於50天和200天的EMA。當50天EMA在200天EMA下破裂時,我們還可以看到一個跨界車。儘管這是一個看跌信號,但總督的價格表現出彈性,並保持了較小的收益。但是,也有一些看漲指標支持積極的Dogecoin價格預測。
Based on Chart 1, the RSI is at 45 while the RSI moving average is at 42. This creates a bullish crossover, which is a sign of rising market sentiment and buying pressure. Additionally, the 200-day EMA is a strong support that this memecoin can use to start a rally. The rally continues if bulls break the 50-day EMA level.
根據圖1,RSI為45,而RSI移動平均值為42。這創建了看漲的交叉,這表明市場情緒上升和購買壓力。此外,200天的EMA是該模因可以用來開始集會的大力支持。如果公牛打破了50天的EMA水平,則會繼續進行集會。
Can Memecoins Like Dogecoin Survive a Market Downturn?
像Dogecoin這樣的紀念物能否在市場低迷中倖存下來?
Although now investors are hopeful about the future price action of DOGE, they must remember that macroeconomics is really important. This is because if the international economy declines further, memecoins lose their appeal. In times of financial decline, if an investment is risky, it will lose more capital. As such, memecoins that represent the most speculative section of crypto are in the most danger.
儘管現在投資者對Doge的未來價格行動充滿希望,但他們必須記住宏觀經濟學確實很重要。這是因為,如果國際經濟進一步下降,Memecoins就會失去吸引力。在財務下降時期,如果投資有風險,它將損失更多的資本。因此,代表加密貨幣的最具投機性部分的模因處於最危險之中。
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