Dogecoin's Cycle Peak Projected $8-10 By Top Trader Amid Pullback, But Here's Why You Should Be Careful
Dogecoin's Cycle Peak Projected $8-10 By Top Trader Amid Pullback, But Here's Why You Should Be Careful
"DOGE has just left the oversold zone and is now heading to the overbought zone, which is projected linearly at around $8 to $10," the analyst stated. "I consider this is the top of this cycle."Dogecoin (CRYPTO: DOGE) has taken a sharp U-turn this week amid the broader cryptocurrency market's decline, but that hasn't deterred optimists.
狗狗幣（CRYPTO: DOGE）在本週經歷了急劇的反轉，儘管整個數字貨幣市場出現下滑，但這並沒有打擊樂觀者。
What happened: The dog-themed meme coin has descended as much as 19% this week from the 7-day peak of $0.48. The downturn has been precipitated by Bitcoin's (CRYPTO: BTC) flash crash on Monday.
發生了什麼：這款以狗爲主題的表情幣本週從7天前的峯值$0.48下跌了最多19%。下跌是由於比特幣（CRYPTO: BTC）週一的閃電崩盤所導致的。
Widely followed cryptocurrency analyst Trader Tardigrade observed that DOGE was oscillating between the oversold and overbought zones on the macro chart and that the cycle top was still a long way away.
廣受關注的數字貨幣分析師Trader Tardigrade觀察到DOGE在宏觀圖上在超賣區和超買區之間波動，週期頂部仍然相距很遠。
"DOGE has just left the oversold zone and is now heading to the overbought zone, which is projected linearly at around $8 to $10," the analyst stated. "I consider this is the top of this cycle."
「DOGE剛剛離開超賣區，現在正朝向超買區，這個區間線性預測約在$8到$10之間，」分析師表示。「我認爲這是這個週期的頂部。」
Trader Tardigrade projected that after the top, DOGE could fall to the support zone of $0.8 to $1.8, which could be an entry point for the next cycle.
Trader Tardigrade預測，在頂部之後，DOGE可能會跌至$0.8到$1.8的壓力位，這可能是下一個週期的入場點。
#Dogecoin has been bouncing between the Oversold and Overbought Zones on macro chart $Doge has just left the oversold zone and is now heading to the overbought zone, which is projected linearly at around $8 to $10.
— Trader Tardigrade (@TATrader_Alan) December 9, 2024
I consider this is the top of this cycle.
The next floor price... pic.twitter.com/LiOIuZaX63
#狗狗幣在宏觀圖表上在超賣區和超買區之間反彈，$Doge剛剛離開超賣區，現在正朝向超買區，這個區間線性預測約在$8到$10之間。
— Trader Tardigrade (@TATrader_Alan) 2024年12月9日
我認爲這是這個週期的頂部。
下一個地板價格… pic.twitter.com/LiOIuZaX63
Another technical analyst with a sizable X following Charting Guy projected that the DOGE's choppy movement would end in the next 10 days and the next breakout would propel it to all-time highs.
另一位擁有大量X粉絲的技術分析師Charting Guy預測，狗狗幣的波動將於接下來的10天內結束，下一次突破將推動其達到歷史新高。
"IMO, we are in the final moments to accumulate alts at decent prices; don't let the blood scare you, get greedy," the trader said.
這位交易者說：「在我看來，我們正處於以合理價格收集其他貨幣的最後時刻；不要讓血腥嚇到你，貪婪一點。」
$DOGE last cycle fractal update
— Charting Guy (@ChartingGuy) December 10, 2024
consolidation/chop should be over within 10 days or so if we continue to follow this
next move should take us to ATH
imo, we are in the final moments to accumulate alts at decent prices, don't let the blood scare you, get greedy pic.twitter.com/hkqDydCVGB
$DOGE上一個週期的分形更新
— Charting Guy (@ChartingGuy) 2024年12月10日
如果我們繼續這樣做，那麼整合/波動將在大約10天內結束
下一次動作爲我們帶來歷史新高
在我看來，我們正處於以合理價格收集其他貨幣的最後時刻，不要讓血腥嚇到你，貪婪一點 pic.twitter.com/hkqDydCVGB
See Also: Ark Invest's Cathie Wood Hails Bitcoin's $100K Climb As A 'Big Deal,' Labels Apex Crypto As Gold Substitute And Emerging Reserve Currency
另請參見：ARK的Cathie Wood稱讚比特幣的$10萬攀升是一個'大事件'，並將這一頂級數字貨幣標記爲黃金的替代品和新興的儲備貨幣。
Why It Matters: This bullish remark contradicted signals from some well-known technical indicators of the cryptocurrency.
這條看好的評論與一些著名的數字貨幣技術因子的信號相矛盾。
The Moving Average Convergence Divergence indicator flashed a "Sell" signal as of this writing, per data from TradingView.
據TradingView的數據，移動平均收斂發散（MACD）因子在撰寫時閃爍了"賣出"信號。
The MACD compares two exponential moving averages of an asset's price to show the trend's momentum.
MACD比較資產價格的兩個指數移動平均，以顯示趨勢的動能。
Similarly, the Momentum indicator, which compares the current price with the previous price from several periods ago, indicated a bearish sentiment.
同樣，動量因子通過將當前價格與幾期前的前期價格進行比較，顯示了看淡的情緒。
In the last 24 hours, the balance of long-term DOGE holders declined by 0.88%, according to IntoTheBlock, suggesting that they were selling aggressively.
根據IntoTheBlock的數據，在過去的24小時內，長揸狗狗幣（DOGE）的餘額下降了0.88%，這表明他們在積極賣出。
Price Action: At the time of writing, Dogecoin was exchanging hands at $0.3901, down 3.38% in the last 24 hours, according to data from Benzinga Pro.
價格走勢：根據Benzinga Pro的數據，在撰寫時，狗狗幣的交易價格爲0.3901美元，在過去24小時內下跌了3.38%。
Image via Shutterstock
圖片來自Shutterstock
- XRP Trumps Bitcoin And Ethereum With 286% Monthly Gains As Whale Deposits Hit Highest Levels Since April: Here's What You Should Know
- 瑞波幣以286%的月漲幅超越比特幣和以太幣，同時鯨魚存款達到自四月以來的最高水平：你需要知道的事
譯文內容由第三人軟體翻譯。