
Dogecoin price is holding crucial support at the 23.60% Fibonacci retracement level of $0.1869, but can bulls trigger a bounce to $0.50 or will bears continue to push lower to $0.14? A trader is highlighting the potential for a 2x breakout rally.
Dogecoin的價格在23.60%的斐波那契回收水平為0.1869美元,但公牛可以將反彈觸發到0.50美元,還是熊會繼續將較低的價格推向0.14美元?交易者強調了2倍突破集會的潛力。
What Is Next For Dogecoin Price After Crucial Support Holds?
關鍵支持之後的狗狗價格下一步是多少?
As the crypto market continues to see top altcoins struggling, Dogecoin is trading at $0.19.
隨著加密貨幣市場繼續掙扎,Dogecoin的交易價格為0.19美元。
Last week, the largest meme coin fell by nearly 14%, extending its intraday decline to $0.1869.
上週,最大的模因硬幣下降了近14%,將其盤中下降延長至0.1869美元。
Dogecoin is expected to sustain support at the crucial 23.60% Fibonacci retracement level of $0.1869.
預計Dogecoin將在至關重要的23.60%的斐波那契回收水平上維持支持。
On the daily chart, Dogecoin's price action shows a bullish failure to surpass a long-standing resistance trendline near the 50% Fibonacci level at the psychological mark of $0.25.
在每日圖表上,Dogecoin的價格行動表明,看漲未能超過50%斐波那契水平的長期阻力趨勢線,心理標記為0.25美元。
With a bearish reversal, Dogecoin has breached the 200-day, 100-day, and 50-day EMAs to test the 23.60% Fibonacci level at $0.1869.
隨著看跌的逆轉,Dogecoin違反了200天,100天和50天的EMA,以0.1869美元的價格測試23.60%的斐波那契水平。
However, with a couple of long-tailed Doge candles appearing over the weekend, the meme coin has managed to stay above the support level.
但是,週末出現了幾隻長尾的馬諾蠟燭,模因硬幣設法保持了支持水平的水平。
Yet, the MACD and signal lines have formed a bearish crossover and are approaching the center line, indicating growing bearish momentum.
然而,MACD和信號線已經形成了看跌的交叉,並且正在接近中心線,表明看跌勢頭越來越大。
As the MACD and signal lines continue to decline, the likelihood of a steeper correction in Dogecoin increases.
隨著MACD和信號線的繼續下降,狗狗蛋白校正的可能性會增加。
Furthermore, the downward movement in the 50- and 100-day EMAs has delayed the possibility of a bullish crossover that could signal a trend reversal.
此外,在50天和100天EMAS中的下降運動延遲了看漲跨界的可能性,這可能表明趨勢逆轉。
A potential cup-and-handle pattern remains in play for Dogecoin if it rebounds from the 23.60% Fibonacci level.
如果Dogecoin從23.60%的斐波那契水平反彈,那麼潛在的杯子和手柄圖案仍在發揮作用。
To re-test the resistance near the $0.25 supply zone, the meme coin must break above the long-standing resistance trendline. Doing so would increase the probability of a breakout rally, potentially targeting the 78.60% Fibonacci level at $0.3618.
為了重新測試在$ 0.25供應區附近的電阻,模因硬幣必須超過長期阻力趨勢線。這樣做將增加突破集會的可能性,可能以0.3618美元的價格將78.60%的斐波那契水平定位為78.60%。
On the other hand, a daily close below $0.1869 would likely extend the decline toward the $0.14 support level.
另一方面,每天關閉0.1869美元的收盤價可能會將下降延長到0.14美元的支持水平。
Dogecoin Shows Neutral Vibes In Derivatives Market
Dogecoin在衍生品市場中顯示中性氛圍
Despite Dogecoin's short-term pullback, the derivatives market remains neutral on the meme coin.
儘管Dogecoin的短期回調,但衍生品市場仍在模因硬幣上中立。
DOGE open interest has remained relatively unchanged at $2.05 billion, while the long-to-short ratio at 0.9972 is nearly balanced.
Doge Open Isport的利息仍然相對不變,為20.5億美元,而0.9972的長期比率幾乎平衡。
However, liquidation data suggests a slight bearish tilt, with long liquidations rising to $2.44 million, compared to $1.77 million in short liquidations.
但是,清算數據表明,略有傾斜,長期清算率上升至244萬美元,而短清算的177萬美元。
Although there has been a larger wipeout of bullish-aligned traders, the ongoing trading activity indicates a mildly bullish bias.
儘管對看漲一致的交易者的消滅較大,但正在進行的交易活動表明有些看漲的偏見。
This is supported by the funding rate spiking to 0.0069%, reflecting optimism among Dogecoin traders. This increases the likelihood of a leverage-driven recovery that could complete a bullish pattern.
這是由籌資率提高到0.0069%的支持,這反映了Dogecoin交易者的樂觀情緒。這增加了可以完成看漲模式的槓桿驅動恢復的可能性。
This is further supported by the fact that the variance indicator is at its lowest point since March 2023, indicating less noisiness in price action and potentially favouring a breakout scenario.
自2023年3月以來的方差指標處於最低點,這進一步支持了這一點,這表明價格動作的噪音較小,並有可能贊成突破性的情況。
Analyst Predicts 2x Breakout Rally In DOGE
分析師預測Doge中的2倍突破集會
Adding to the bullish outlook, crypto analyst Tardigrade is highlighting the potential for a new bull run in Dogecoin.
加密分析師Tardigrade除了看漲外表外,還強調了在Dogecoin進行新的公牛奔跑的潛力。
The analyst is noting a breakout from a base-three pattern within a step-like parabolic curve formation. According to the analyst, at the end of the third base, Dogecoin could deliver a 2x return, potentially surpassing the $0.50 psychological level.
分析師注意到在階梯拋物線曲線形成中的基礎三模式的突破。根據分析師的說法,在第三壘結束時,Dogecoin可以提供2倍的回報,可能超過0.50美元的心理水平。
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