
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.
加密货币市场正在度过绿色的日子,因为大多数加密货币在过去24小时内都有很小的收益。 Doge Price也有很小的上涨,因为它现在的交易价格为0.1584美元。尽管每周的价格表现仍然是红色,但这种狗果价格上涨的速度为每日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.
在过去的几个月中,Dogecoin的表现一直令人难以置信,因为它的下降趋势缓慢。因此,今天的攀登使投资者感到兴奋,尤其是考虑到这种兴奋可能是短暂的,而Doge Whales似乎正在出售。
What’s Behind the $75 Million Dogecoin Whale Move?
耗资7500万美元的狗狗鲸的背后是什么?
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,鲸警报加密跟踪服务检测到478,000,000多名的大规模交易。根据报告,交易是在两个匿名地址之间完成的。 Doge的库存等于近7500万美元,没有进一步追踪。
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区的骚动,因为投资者推测了这一运动的可能原因。原因之一可能是,一只鲸鱼是购买非处方产品。但是,另一个原因可能是,大投资者正在为大价变动做好准备。
Is Dogecoin Failing After Whale Sell-Offs?
鲸鱼抛售后,多霉素会失败吗?
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.
我们最近在Doge Whale运动方面进行了发展。加密分析师阿里·马丁内斯(Ali Martinez)发布了X帖子,他说鲸鱼一直在卖狗狗。他的X帖子伴随着一张图表,显示鲸鱼已经出售了超过5亿多霉素。此外,基于此图表,我们还看到大多数卖家都拿着10,000,000至100,000,000个Doge。这种抛售也与4月14日的加密货币市场崩溃相吻合,该崩溃将总督价格从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.
这种转让标志着5.7亿个令牌被出售,几乎价值9000万美元。因此,据报道,上周有4.7亿个门槛运动,现在可能已经出售了1,048,000,000多名。这意味着目前将近1.65亿美元从门多格市场的流动性中消失了。
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,尽管有这种看跌的发展,但今天我们看到了一个小但有意义的狗狗币的价格上涨。此外,根据Doge的价格行动,技术Dogecoin的价格预测仍然是看好的。
Will Dogecoin Price Surge Lead to a Bullish Breakout?
Dogecoin的价格飙升会导致看涨的突破吗?
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的价格已经开始上涨,尽管它仍然低于50天和200天的EMA。当50天EMA在200天EMA下破裂时,我们还可以看到一个跨界车。尽管这是一个看跌信号,但总督的价格表现出弹性,并保持了较小的收益。但是,也有一些看涨指标支持积极的Dogecoin价格预测。
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.
根据图1,RSI为45,而RSI移动平均值为42。这创建了看涨的交叉,这表明市场情绪上升和购买压力。此外,200天的EMA是该模因可以用来开始集会的大力支持。如果公牛打破了50天的EMA水平,则会继续进行集会。
Can Memecoins Like Dogecoin Survive a Market Downturn?
像Dogecoin这样的纪念物能否在市场低迷中幸存下来?
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.
尽管现在投资者对Doge的未来价格行动充满希望,但他们必须记住宏观经济学确实很重要。这是因为,如果国际经济进一步下降,Memecoins就会失去吸引力。在财务下降时期,如果投资有风险,它将损失更多的资本。因此,代表加密货币的最具投机性部分的模因处于最危险之中。
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