
Dogecoin price crashed alongside the crypto market when the Bitcoin price dropped hard toward $100,000. This was spurred by a very public dispute between US President Donald Trump and billionaire Elon Musk over differences yet to be revealed.
當比特幣價格跌至100,000美元時,Dogecoin的價格與加密貨幣市場墜毀。美國總統唐納德·特朗普(Donald Trump)和億萬富翁埃隆·馬斯克(Elon Musk)在尚未揭示的差異方面發表了非常公眾的爭議。
As the meme coin’s price tumbled, it broke through multiple minor supports, showing that the bears have taken charge once more. This puts it in a perilous position as it now sits close to an important support level.
隨著模因硬幣的價格下跌,它損壞了多個次要支撐,表明熊再次收取了費用。這使它處於危險的位置,因為它現在靠近重要的支持水平。
At the beginning of the week, the Dogecoin price crossed the 200-day moving average (MA), which acted as dynamic support for the altcoin, and this move was part of the reason that the meme coin’s price saw a small recovery.
在本周初,Dogecoin價格越過了200天的移動平均線(MA),這是對Altcoin的動態支持,這是Meme Coin價格的一部分,因為Meme Coin的價格恢復很小。
At this point, there was major accumulation going on as the altcoin seemed to be on a discount after a market drawdown. In addition to this, market sentiment surrounding the Dogecoin price had moved into positive territory, showing that buyers were returning to the table.
在這一點上,由於山寨幣在市場逐漸減少之後,Altcoin似乎在折扣處,因此正在進行重大積累。除此之外,圍繞Dogecoin價格的市場情緒已經進入了積極的領域,這表明買家正在回到桌子上。
However, this did not last long because the Bitcoin price crash on Thursday shook the market, and Dogecoin saw its price plummet by another 10% in less than one day. This brought it below the $0.18 support, thereby pushing it toward a lower support level.
但是,這並沒有持續很長時間,因為周四的比特幣價格崩潰震撼了市場,而Dogecoin的價格在不到一天的時間內又下降了10%。這使其低於$ 0.18的支持,從而將其推向了較低的支撐水平。
The $0.17 support had held on, but with weak support at this level, the next major support level falls further downward.
$ 0.17的支持一直保持著,但在此水平上的支持下,下一個主要支持水平進一步下降。
The crypto analyst highlighted that the most important level for the Dogecoin price is actually the $0.16 support, which is critical for a bullish continuation, and a failure to hold could cause a price crash.
這位加密分析師強調,Dogecoin價格的最重要水平實際上是0.16美元的支持,這對於看漲的延續至關重要,而沒有持有可能會導致價格崩潰。
But if the bulls are able to successfully maintain this support, then the probability of an uptrend increases with the higher lows that the market has seen, and it could rally back to $0.48.
但是,如果公牛隊能夠成功維持這一支持,那麼隨著市場所看到的較高低點,上升趨勢的可能性會增加,並且可能會回到0.48美元。
Other bullish technicals that have appeared for the Dogecoin price are the fact that it had previously broken above a short-term descending trendline. Such breakouts are usually bullish for a crypto asset, if all things remain equal, save for extenuating circumstances like a Trump-Musk feud tanking the market.
其他看漲的技術以狗狗的價格出現的事實是,它以前已經超出了短期降落的趨勢線。如果所有情況保持平等,除了像特朗普·穆斯克(Trump-Musk)的仇恨坦克一樣,這種突破通常是對加密資產的看法。
“This breakout, coupled with sustained strength above the 200-week MA, may set the stage for a significant move to the upside,” the crypto analyst wrote. He further added that: “The ultimate technical target remains the all-time high zone near $0.48, which represents a potential 194% gain from current levels.”
這位加密分析師寫道:“這種突破,再加上超過200週的MA的持續力量,可能為重大轉移而奠定了基礎。”他進一步補充說:“最終的技術目標仍然是$ 0.48的歷史最高時期,這是當前水平的潛在增長194%。”
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