
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.
上周四,Dogecoin Price Slide随着更广泛的加密货币市场退缩,将令牌恢复到0.16美元,这是几个月来未见的水平。
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.
尽管趋势发生了令人沮丧的转变,但Doge的中期和长期前景仍然看涨,因为加密分析师现在发现了一个关键信号,该信号可能会预示即将来临的抛物线激增。
What Happened: During the last hours of Thursday, Thursday, saw crypto market pull back, causing Dogecoin (CRYPTO: DOGE) to experience a decline.
发生的事情:在星期四的最后几个小时,加密货币市场向后退,导致Dogecoin(加密:Doge)经历下降。
The dog-themed meme coin slid, returning to the $0.16 price point.
以狗为主题的模因硬币滑行,回到了0.16美元的价格点。
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,技术专家和投资者Tardigrade在Doge图表上发现了一个关键的发展,这可能会使趋势转向上升空间。
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.
这位加密分析师解释说,尽管处于下降趋势,但Doge仍在显示出重大上升的迹象。这是由历史看涨信号支持的,该信号在每年的时间段的最后两次尝试中都起作用。
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.
经过一段时间的相对强度后,这个看涨信号现在已经在每周的时间框架图表上恢复,增加了明显的抛物线浪潮的可能性。至关重要的是要注意,趋势通常遵循Doge/BTC图表中的关键信号。
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.
从每周图表上可以看出,在过去一年中,在每个Dogecoin巨大泵之前,Doge/BTC对形成了较低的低点。然而,一旦Doge的价格在每周图表上开始向上趋势,这些重大看涨的举动往往会更有效。
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的每周价格动作表明,模因硬币处于关键点,而Doge/BTC对似乎已经完成了新的下部低点。随着信号重复的重复,专家们对大型泵即将到来非常乐观,可能会推动Doge的价格高于0.70美元,并且朝着新的历史最高高。
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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.
为什么重要的是:作为朝着关键支持的Doge交易,关键动量指标表明目前的看跌行动可能是短暂的。
Dogecoin’s Relative Strength Index (RSI) has reached a crucial point that is likely to strengthen its upward outlook.
Dogecoin的相对强度指数(RSI)达到了一个关键点,可能会增强其向上的前景。
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.
根据Trader Tardigrade的说法,Doge正在回到以前的秋千低点,而RSI指标在急剧下降后显示出更高的低点。专家声称,该信号可能导致看涨的分歧,这表明销售势头正在减弱。
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.
看涨的差异通常发生在振荡器下降以达到新的低点并且价格达到新的低位时,这表明在一段时间下降后潜在的上升趋势逆转。
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表现出了看涨逆转的早期迹象,开始了另一个主要集会的开始。
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