
Dogecoin price is attempting to stabilize following a sharp correction that saw it fall over 18% from a May 10th high.
Dogecoin的价格正试图在急剧校正后稳定,这使得它从5月10日高出的高度下降了18%。
This move has seen DOGE retrace some of the gains it enjoyed during the impressive rally that began in early April.
此举使Doge追回了4月初开始的令人印象深刻的集会期间所享有的一些收益。
Can Dogecoin manage to defend current levels or will we see further downside?
Dogecoin可以设法捍卫当前水平,还是我们会看到进一步的缺点?
Dogecoin price has entered a critical phase as it attempts to consolidate following a recent correction that saw it lose ground rapidly.
Dogecoin Price进入了一个关键阶段,因为它在最近的更正后试图巩固其迅速失去地面。
After tagging a local high at around $0.26, which followed an impressive rally that began in early April, DOGE has dropped over 18%.
在将当地高点标记为0.26美元左右,这是4月初开始的令人印象深刻的集会后,Doge下降了18%以上。
This correction has seen it retrace a good portion of the gains that began following a breakout above the $0.13 mark.
这种更正已经看到,它回顾了大部分收益,这些收益在超过$ 0.13的突破之后开始了。
Dogecoin Surges Over 100% After Breakout
突破后,多霉素飙升了100%以上
From this point, bulls were able to build strong momentum, pushing price up more than 100% in a month.
从这一点开始,公牛能够建立强大的动力,一个月内提高价格超过100%。
However, this move now appears to be stalling, and the market will be watching closely to see if Dogecoin can manage to defend current levels or if we could see further downside on the horizon.
但是,这一举动现在似乎正在停滞不前,市场将密切关注,以查看Dogecoin是否可以捍卫当前的水平,或者我们是否可以在地平线上看到进一步的缺点。
According to top analyst Ali Martinez, the latest rejection has opened the door for a possible revisit to the $0.213 level.
根据顶级分析师阿里·马丁内斯(Ali Martinez)的说法,最新的拒绝为可能的重新审视打开了大门。
This area previously acted as both a point of resistance and support, launching a rally that saw Dogecoin price more than double.
该地区以前既是阻力和支持的点,又推出了一场集会,使多霉素的价格超过两倍。
Chart Of The Day: Dogecoin Price Could See Further Downside
每日图表:Dogecoin价格可能会进一步看到缺点
As a result, it may now serve as a magnet for price if bullish control continues to fade.
结果,如果看涨控制继续逐渐消失,现在可以用作价格的磁铁。
This view is supported by the fact that the Fib .786 level of the March-May rally sits at around $0.21, closely following the Fib .618 level of the April-May rally, which is currently at $0.20.
这一观点得到了以下事实的支持:3月 - 玛拉集会的.786级别的水平约为0.21美元,紧随4月 - 可能的拉力赛的FIB .618级别,目前为0.20美元。
While sentiment remains cautiously optimistic, the next move will likely depend on whether bulls can manage to reclaim momentum or if we see DOGE break below its local range.
尽管情绪仍然谨慎乐观,但下一步可能取决于公牛是否可以设法恢复动力,或者我们看到Doge在其本地范围以下中断。
The coming days could decide the trajectory of the meme coin’s midterm trend, especially with volatility set to increase.
接下来的日子可以决定模因硬币中期趋势的轨迹,尤其是随着波动率的增加。
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