Mainstream coins in general fall, animal coin section may see the light

There is no doubt that the leading animal coin, dogcoin, is still in the hot search in Baidu index as of now, and SHIB domestic heat is far more than overseas, the total search volume of dogcoin Baidu index PC plus mobile end has surpassed bitcoin a week ago.

Mainstream coins in general fall, animal coin section may see the light

Fundamental analysis of the animal coin sector

There is no doubt that the leading animal coin, dogcoin, is still in the hot search in the Baidu index as of now, and SHIB domestic hotness far exceeds overseas, the total search volume of dogcoin Baidu index PC side plus mobile side has surpassed bitcoin a week ago, the current dogcoin Baidu search index has reached 264,000 times, which is 2.6 times of bitcoin Baidu search index in the same period, in fact, before Labor Day, we we had In fact, before Labor Day, we we had expected the expected cyclical lead up of dogcoin.

Analysis of Dogcoin’s own characteristics

Furthermore, from May 13, Elon Musk revealed that Ripple, Stellar, Algorand ethereum and pos, dogcoin are possible As to which one is likely to become a payment currency, there are still to be decision makers in the end, remember: boots always land, given the simple algorithm and less power consumption of dogcoin, dogcoin is likely to become a dark horse.

Dogcoin Market Trend Assertion

The main factor is still the different understanding of the trend, bearishness is not wrong, but the pattern is different, just like many people do things, some people are not good at the moment, but have a long term vision, some people only care about the immediate success, nothing long-term plans, this is the difference.

For the current market as a whole, it seems to be in a stagnant state at the moment, but looking at the whole market, there is no doubt that the benefits are good. Having said that, I believe that the future of dog coins is clear to everyone.

Shib Fundamental Data Analysis

Since the animal coin sector is looking up, there is no need to doubt that it is good for shib. Although it is only a token of dog coin, but currently coupled with the heat of dog coin, in addition to its own hot degree can be seen.

The one” up analysis

The listing rose 738 times, the fall range 163 times, a big rise and fall is not exaggerated, but there is one thing to be sure of: the trend is still intact, please keep this in mind old iron.

The second “coin holding situation analysis

Yesterday, the top 10 large households held 71.69% of the coins, a slightly higher percentage, not much change, but the overall percentage is gradually going higher.

The address of the coin holding is constantly at a new high, compared to yesterday’s 366583 boxes, the coin holding increased by nearly 11000. Both of them belong to the same state of continuous increase.

The coin-holding address is constantly at a record high, compared to yesterday’s 366583 boxes, the coin-holding increased by nearly 11,000. Both of them belong to the same state of continuous increase.

Analysis of Social Media Scale

Twitter social media scale has increased by about 12,000, Reddit social media scale has increased by 5,500, Twitter growth trend belongs to the continuous increase, while Reddit belongs to the accelerated increase trend.

Technical analysis.

Technical analysis.

I. Trend analysis

Whether daily or from the 2-day line or weekly level are pointing to the long side, this has no doubt, as long as 0.00000206 near the support level completely effective break down, the trend still belongs to the long side, in view of the Fugu theory of definite potential has proved this.

“II” technical adjustment analysis

At present, the 4-hour level kdj has obviously in the divergence state and rebound trend, at this time in accordance with the Fugu theory definition of the adjustment phenomenon, and the current oscillation is getting bigger and bigger, this phenomenon has broken the original rhythm, which means that the original rhythm can not be continued.

Technical analysis overview

According to the Fugu theory, the current trend and adjustment since it has been set, that is, it is likely that shib will rise at any time, from yesterday’s shock position can be seen: at this time the volume will be relatively increased, which means that it is possible that the trend will come again, and the trend will continue.

Posted by:CoinYuppie,Reprinted with attribution to:https://coinyuppie.com/mainstream-coins-in-general-fall-animal-coin-section-may-see-the-light/
Coinyuppie is an open information publishing platform, all information provided is not related to the views and positions of coinyuppie, and does not constitute any investment and financial advice. Users are expected to carefully screen and prevent risks.

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