
Last Thursday saw Dogecoin price slide as the broader crypto market pulled back, taking the token back to $0.16, a level not seen in several months.
上週四,Dogecoin Price Slide隨著更廣泛的加密貨幣市場退縮,將令牌恢復到0.16美元,這是幾個月來未見的水平。
Despite the gloomy shift in trend, DOGE’s medium-term and long-term outlook remains bullish as crypto analysts are now spotting a key signal that may herald an imminent parabolic surge.
儘管趨勢發生了令人沮喪的轉變,但Doge的中期和長期前景仍然看漲,因為加密分析師現在發現了一個關鍵信號,該信號可能會預示即將來臨的拋物線激增。
What Happened: During the last hours of Thursday, Thursday, saw crypto market pull back, causing Dogecoin (CRYPTO: DOGE) to experience a decline.
發生的事情:在星期四的最後幾個小時,加密貨幣市場向後退,導致Dogecoin(加密:Doge)經歷下降。
The dog-themed meme coin slid, returning to the $0.16 price point.
以狗為主題的模因硬幣滑行,回到了0.16美元的價格點。
However, Trader Tardigrade, a technical expert and investor, spotted a key development on the DOGE chart that may herald a shift in the trend toward the upside.
但是,技術專家和投資者Tardigrade在Doge圖表上發現了一個關鍵的發展,這可能會使趨勢轉向上升空間。
The crypto analyst explained that DOGE is still showing signs of a major upswing despite being in a down-trend. This is supported by a historical bullish signal that has seen to work in the last two attempts within a yearly time period.
這位加密分析師解釋說,儘管處於下降趨勢,但Doge仍在顯示出重大上升的跡象。這是由歷史看漲信號支持的,該信號在每年的時間段的最後兩次嘗試中都起作用。
After a period of relative strength, this bullish signal has now returned on the weekly time frame chart, increasing the likelihood of a notable impending parabolic surge. It is crucial to note that the trend usually follows key signals from the DOGE/BTC chart.
經過一段時間的相對強度後,這個看漲信號現在已經在每週的時間框架圖表上恢復,增加了明顯的拋物線浪潮的可能性。至關重要的是要注意,趨勢通常遵循Doge/BTC圖表中的關鍵信號。
As seen on the weekly chart, lower lows are being formed by the DOGE/BTC pair prior to each Dogecoin huge pump within the past year. Nevertheless, these significant bullish moves tend to be more effective once DOGE’s price begins to trend upward on the weekly chart.
從每週圖表上可以看出,在過去一年中,在每個Dogecoin巨大泵之前,Doge/BTC對形成了較低的低點。然而,一旦Doge的價格在每週圖表上開始向上趨勢,這些重大看漲的舉動往往會更有效。
At present, Dogecoin’s weekly price action indicates that the meme coin is at a pivotal juncture, and the DOGE/BTC pair appears to have completed new lower lows. With the signal repeating itself, the expert is optimistic that a massive pump is forthcoming, potentially propelling DOGE’s price above the $0.70 mark and toward a new all-time high.
目前,Dogecoin的每週價格動作表明,模因硬幣處於關鍵點,而Doge/BTC對似乎已經完成了新的下部低點。隨著信號重複的重複,專家們對大型泵即將到來非常樂觀,可能會推動Doge的價格高於0.70美元,並且朝著新的歷史最高高。
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Why It’s Important: As DOGE trades toward key support, key momentum indicators are suggesting that the current bearish move may be short-lived.
為什麼重要的是:作為朝著關鍵支持的Doge交易,關鍵動量指標表明目前的看跌行動可能是短暫的。
Dogecoin’s Relative Strength Index (RSI) has reached a crucial point that is likely to strengthen its upward outlook.
Dogecoin的相對強度指數(RSI)達到了一個關鍵點,可能會增強其向上的前景。
According to Trader Tardigrade, DOGE is heading back to the previous swing low, while the RSI indicator is displaying a higher low after a sharp decline. The expert claims that this signal may result in a bullish divergence, suggesting that the selling momentum is weakening.
根據Trader Tardigrade的說法,Doge正在回到以前的鞦韆低點,而RSI指標在急劇下降後顯示出更高的低點。專家聲稱,該信號可能導致看漲的分歧,這表明銷售勢頭正在減弱。
A bullish divergence, typically occurs when an oscillator drops to hit a new low and prices reach a new low, signaling a potential upward trend reversal after a period of decline.
看漲的差異通常發生在振盪器下降以達到新的低點並且價格達到新的低位時,這表明在一段時間下降後潛在的上升趨勢逆轉。
Hence, Trader Tardigrade noted that DOGE is showing an early sign of a bullish reversal, kicking off the beginning of another major rally.
因此,Trader Tardigrade指出,Doge表現出了看漲逆轉的早期跡象,開始了另一個主要集會的開始。
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