Meme-impelled cryptocurrency Dogecoin (CRYPTO:DOGE) has been testing the lower Bollinger Band support at $0.1781,pivotal level closely follows at $0.19.
模因爆发的加密货币狗币(加密:Doge)一直以0.1781美元的价格测试下Bollinger乐队的支撑,关键水平紧随0.19美元。
What Happened: Crypto analyst Satori noted that Dogecoin is currently testing the lower Bollinger Band, which is usually a good level of support or resistance. According to the analyst, the Bollinger Bands are getting narrower, which signals that a period of low volatility is coming to an end and a spike in volatility is due.
发生了什么:加密分析师Satori指出,Dogecoin目前正在测试下Bollinger带,这通常是良好的支撑或阻力水平。根据分析师的说法,布林乐队越来越狭窄,这表明一个低波动率的时期即将结束,而波动性的升高也是如此。
If Dogecoin manages to break below the middle Bollinger Band, it could pave the way for a move toward the $0.16 zone, a crucial level to keep an eye on. A break below the lower band could also be followed by a drop to the lower Bollinger Band on the four-hour chart, which is currently at $0.15.
如果Dogecoin设法在中间的Bollinger乐队以下打破,则可以为朝着0.16美元的区域迈出铺平道路,这是一个关注的关键水平。在四小时榜单上,下方频段下方的突破也可以下降到下鲍林乐队,目前为0.15美元。
See More: Best Cryptocurrency Scanners
查看更多:最佳加密货币扫描仪
What Next For Dogecoin Investors: Crypto analyst Ace1trades broke down a key trend line that Dogecoin has reacted strongly to. According to the analyst, the coin just completed a falling wedge pattern, a technical indicator that is used to identify a period of converging trend lines, typically signaling a breakout from the pattern.
Dogecoin投资者的下一步:加密分析师ACE1Trades打破了Dogecoin对此做出强烈反应的关键趋势线。根据分析师的说法,硬币刚刚完成了一个掉落的楔形模式,该模式用于确定融合趋势线的技术指标,通常会向模式发出突破。
Chart Via Ace1trades on TradingView
通过交易浏览量的ACE1贸易图表
The analyst noted that a breakout from the wedge pattern could be followed by a move of around 1:1, which in this case would take Dogecoin to $0.28. A confirmed breakout above the $0.195 zone would also be followed by a move toward $0.21.
分析师指出,楔形图案的突破可能会大约1:1,在这种情况下,Dogecoin将以$ 0.28的价格提高。在$ 0.195区域上方的确认突破也将转移到0.21美元。
Macroeconomic Factor: Analysts at Monex USA noted that the outlook for the American economy and the expected recession would benefit cryptocurrencies. According to the analysts, any signs of a slowdown in the U.S. would lead to a pause in the Federal Reserve’s interest rate hikes.
宏观经济因素:美国Monex的分析师指出,美国经济和预期衰退的前景将使加密货币受益。根据分析师的说法,美国的任何迹象都会导致美联储的利率上升。
“Any sign of weakness in the U.S. economy would benefit cryptocurrencies as it would likely lead to a pause in the Fed’s rate hikes, which have put pressure on riskier assets in recent months,” the analysts said.
分析师说:“美国经济中的任何弱点迹象都会使加密货币受益,因为这可能会导致美联储的税率上涨,这在最近几个月造成了更大的资产压力。”
According to the analysts, the macroeconomic trends suggest that cryptocurrencies could perform well in a period of economic downturn as it would likely lead to monetary easing, which has been beneficial for risk assets in the past.
根据分析师的说法,宏观经济趋势表明,加密货币可以在经济低迷时期表现良好,因为这可能会导致货币宽松,这对过去对风险资产一直有利。
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