What Does Technical Analysis Say About Dogecoin And Shiba Inu?
What Does Technical Analysis Say About Dogecoin And Shiba Inu?
With a staggering $50.7 billion valuation of the meme coin market, Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) lead the table with more than half of the valuation.
狗狗币（加密货币：DOGE）和柴犬（加密货币：SHIB）的估值高达507亿美元，以超过一半的估值位居榜首。
A technical analysis assisted by Benzinga Labs for the Simple Moving Average (SMA) and Relative Strength Index (RSI) indicators highlights the upcoming trend for the meme coins.
由Benzinga Labs协助进行的简单移动平均线（SMA）和相对强度指数（RSI）指标的技术分析突显了模因币即将出现的趋势。
What Happened:
发生了什么：
For Dogecoin, the 50-day SMA ($0.17) is currently above the 100-day ($0.14) and 200-day SMA lines ($0.11), indicating a bullish trend. The RSI indicator stands at 50.5, suggesting a neutral stance in terms of momentum.
对于狗狗币而言，50天均线（0.17美元）目前高于100日均线（0.14美元）和200天均线（0.11美元），表明看涨趋势。RSI指标为50.5，表明在动量方面处于中立立场。
Similarly, Shiba Inu's 50-day SMA is above the 100-day and 200-day SMA lines, signaling a bullish trend. However, the RSI indicator for Shiba Inu stands at 33.3, indicating potential oversold conditions, although the meme coin is striving to maintain its uptrend above the 30 level.
同样，柴犬的50天均线高于100天和200天均线，表明看涨趋势。但是，尽管模因币正在努力将其上涨趋势维持在30水平以上，但柴犬的RSI指标为33.3，这表明潜在的超卖情况。
Traditionally, RSI values below 30 are considered oversold, suggesting that the asset may be undervalued or due for a potential price rebound. However, Shiba Inu maintaining its trend above 30 is an indication of the meme coin striving to continue its uptrend.
传统上，RSI值低于30被视为超卖，这表明该资产可能被低估或可能出现价格反弹。但是，Shiba Inu将其趋势维持在30以上，这表明模因币正在努力继续其上涨趋势。
Also Read: Are Dogecoin And Shiba Inu Primed For The Next Leg Up?
另请阅读：狗狗币和柴犬准备好迎接下一轮涨势了吗？
Why It Matters: Despite the recent price fluctuations, 80% of Dogecoin holders and 56% of Shiba Inu holders are currently profitable. Moreover, both meme coins boast more than 65% of holders accumulating the coins for over a year, pointing to a longer-term bullish sentiment among traders.
为何重要：尽管最近的价格波动，但目前仍有80％的狗狗币持有人和56％的Shiba Inu持有者盈利。此外，这两种模因币都拥有超过65％的持有者积累了超过一年的代币，这表明交易者的长期看涨情绪。
Recent developments, such as Shiba Inu's blockchain launch through a $12 million capital raise and Dogecoin's acceptance as a payment option on Tesla's website, have contributed to the growing adoption of these meme coins. The inclusion of both coins in the VanEck Meme Coin Index further highlights the importance of the meme coin sector in the crypto industry.
最近的发展，例如Shiba Inu通过1200万美元的融资推出了区块链，以及特斯拉网站上接受狗狗币作为支付选项，都促成了这些模因币的越来越多的采用。将这两种代币都纳入VanEck Meme硬币指数进一步凸显了模因币行业在加密行业中的重要性。
What's Next: The influence of meme coins and Bitcoin as an institutional asset class is expected to be thoroughly explored at Benzinga's upcoming Future of Digital Assets event on Nov. 19.
下一步是什么：Benzinga即将于11月19日举行的数字资产未来活动预计将全面探讨模因币和比特币作为机构资产类别的影响。
Image: Shutterstock
图片：Shutterstock