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.
狗狗幣（加密貨幣：DOGE）和柴犬（加密貨幣：SHIB）的估值高達507億美元，以超過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協助進行的簡單移動平均線（SMA）和相對強度指數（RSI）指標的技術分析突顯了模因幣即將出現的趨勢。
What Happened:
發生了什麼：
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.
對於狗狗幣而言，50天均線（0.17美元）目前高於100日均線（0.14美元）和200天均線（0.11美元），表明看漲趨勢。RSI指標爲50.5，表明在動量方面處於中立立場。
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.
同樣，柴犬的50天均線高於100天和200天均線，表明看漲趨勢。但是，儘管模因幣正在努力將其上漲趨勢維持在30水平以上，但柴犬的RSI指標爲33.3，這表明潛在的超賣情況。
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.
傳統上，RSI值低於30被視爲超賣，這表明該資產可能被低估或可能出現價格反彈。但是，Shiba Inu將其趨勢維持在30以上，這表明模因幣正在努力繼續其上漲趨勢。
Also Read: Are Dogecoin And Shiba Inu Primed For The Next Leg Up?
另請閱讀：狗狗幣和柴犬準備好迎接下一輪漲勢了嗎？
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.
爲何重要：儘管最近的價格波動，但目前仍有80％的狗狗幣持有人和56％的Shiba Inu持有者盈利。此外，這兩種模因幣都擁有超過65％的持有者積累了超過一年的代幣，這表明交易者的長期看漲情緒。
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.
最近的發展，例如Shiba Inu通過1200萬美元的融資推出了區塊鏈，以及特斯拉網站上接受狗狗幣作爲支付選項，都促成了這些模因幣的越來越多的採用。將這兩種代幣都納入VanEck Meme硬幣指數進一步凸顯了模因幣行業在加密行業中的重要性。
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.
下一步是什麼：Benzinga即將於11月19日舉行的數字資產未來活動預計將全面探討模因幣和比特幣作爲機構資產類別的影響。
Image: Shutterstock
圖片：Shutterstock