
You can also read this news on COINTURK NEWS: Dogecoin Defies Challenges with a Resilient Surge
您还可以在Cointurk News上阅读此新闻:Dogecoin违反了挑战,弹性弹力
Dogecoin (DOGE) demonstrated notable resilience by bouncing back after dropping to $0.21, ultimately closing at $0.22 amid large trading volumes and significant acquisitions from major investors. This recovery took place despite ongoing security risks posed by Qubic. Notably, significant increases in trading volume were observed towards the end of the session, contributing to the movement in price and capturing investors’ attention.
Dogecoin(Doge)在下跌至0.21美元后通过反弹来表现出显着的韧性,最终在大量交易量和大量大型投资者的大量收购中以0.22美元的价格收盘。尽管Qubic构成了持续的安全风险,但仍发生了这种恢复。值得注意的是,在会议结束时,观察到交易量的大幅增加,这有助于价格上涨并吸引投资者的注意力。
Background of the Developments
发展背景
Fluctuations in Dogecoin accelerated this month following discussions by Qubic about a potential 51% attack threat. Some investors opted to sell due to this risk. However, data from the blockchain indicated that major DOGE holders purchased a total of 680 million DOGE in August, helping to offset the impact of these sales. The general market sentiment remains mixed.
在Qubic讨论了潜在的51%攻击威胁之后,本月,Dogecoin的波动加速了。由于这种风险,一些投资者选择出售。但是,区块链的数据表明,八月份的主要门槛持有人总共购买了6.8亿多名,有助于抵消这些销售的影响。一般市场情绪仍然不同。
While core digital assets like Bitcoin and Ethereum traded sideways at high levels, higher volatility was observed in community-driven digital assets. Dogecoin showcased a significant turnaround driven by large investors’ purchases, despite numerous smaller investors selling their positions.
尽管像比特币和以太坊这样的核心数字资产在高水平的侧面交易,但在社区驱动的数字资产中观察到了更高的波动性。尽管有许多较小的投资者出售头寸,但Dogecoin展示了由大型投资者购买的重大转变。
Price Movements and Volume Analysis
价格运动和数量分析
In the 24 hours leading up to 04:00 on August 21, DOGE gained 5% in value and recovered from $0.21 to close at $0.22. The token had hit its lowest point at 16:00 Turkish time on August 20, but then experienced a rapid ascent. Notably, the trading volume reached 9.29 million in the last hour of the session, suggesting corporate-scale transactions.
在8月21日至04:00的24小时内,Doge的价值上涨了5%,并从0.21美元回收到收盘价为0.22美元。令牌在8月20日的土耳其时间16:00达到了其最低点,但随后经历了迅速的上升。值得注意的是,在会议的最后一个小时,交易量达到929万,这表明公司规模的交易。
Analysts highlighted the influence of significant purchases, commenting that “The accumulation of 680 million DOGE throughout August indicates big players’ desire to remain in the market despite the ongoing Qubic threat.”
分析师强调了重大购买的影响,并评论说:“整个八月的6.8亿辆马头的积累表明,尽管存在Qubic的威胁,但大型球员还是希望继续在市场上留在市场上。”
Technical Outlook and Observed Levels
技术前景和观察水平
In technical analysis, the $0.21 level served as a crucial base during the day. This area was tested with intense selling pressure in the middle of the session but reversed upward with strong volume support. The $0.22 level emerged as resistance, causing prices to oscillate within this range during the day. The rapid volume increase at the session’s end was seen as a pivot point for price rises.
在技术分析中,$ 0.21的水平在白天充当至关重要的基础。该区域在会议中间以巨大的销售压力进行了测试,但在强烈的体积支持下逆转。 $ 0.22的水平出现为电阻,导致价格在白天在此范围内振荡。会议结束时的迅速增加被视为价格上涨的关键点。
In the last hour, approximately 6.8 million DOGE changed hands per minute, indicating transactions primarily involving large investors. Moving forward, investors are closely watching whether the $0.22 level will act as support and if the price can ascend to the $0.23-$0.24 range.
在最后一个小时,大约有680万个门将每分钟易手,表明交易主要涉及大型投资者。展望未来,投资者正在密切关注0.22美元的水平是否会作为支持,并且价格是否可以上升到0.23- $ 0.24范围。
Observers are carefully monitoring the continued presence of major investors despite ongoing security risks from Qubic. Whether purchases will continue after the sudden volume surge is viewed as a crucial factor in determining the sustainability of the rapid recovery.
尽管Qubic持续存在安全风险,但观察者仍在仔细监视主要投资者的持续存在。在突然的数量激增之后,购买是否将继续视为确定快速恢复的可持续性的关键因素。
A market observer noted, “If purchases persist after the sudden increase in volume, the continuity of recovery can be ensured. Otherwise, congestion may continue.”
市场观察者指出:“如果在突然增加的数量增加后,购买量仍可以确保恢复的连续性。否则,交通拥堵可能会持续下去。”
The post Dogecoin Defies Challenges with a Resilient Surge appeared first on COINTURK NEWS.
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