💥 Gate Square Event: #PTB Creative Contest# 💥
Post original content related to PTB, CandyDrop #77, or Launchpool on Gate Square for a chance to share 5,000 PTB rewards!
CandyDrop x PTB 👉 https://www.gate.com/zh/announcements/article/46922
PTB Launchpool is live 👉 https://www.gate.com/zh/announcements/article/46934
📅 Event Period: Sep 10, 2025 04:00 UTC – Sep 14, 2025 16:00 UTC
📌 How to Participate:
Post original content related to PTB, CandyDrop, or Launchpool
Minimum 80 words
Add hashtag: #PTB Creative Contest#
Include CandyDrop or Launchpool participation screenshot
🏆 Rewards:
🥇 1st
According to a report by Coin World, Dogecoin is facing potential price decline as on-chain indicators and technical data indicate a bear market trend. On April 27th, Dogecoin attempted to reach $0.17 but encountered resistance at $0.15, causing a drop to $0.14. A "death cross" was observed, with the 50-day Exponential Moving Average (EMA) crossing below the 20-day EMA, indicating a bearish trend. The Elder Force Index (EFI) shows low trading activity, and the Fibonacci indicator points to a possible collapse, with the next support level at $0.12. If this support level is breached, Dogecoin may decline to $0.10. Despite the decline, 76.66% of Dogecoin's total supply is in a profitable state, which may indicate potential selling pressure as the bullish momentum slows down. The Moving Averages (MA) indicator shows an increase in selling pressure, which could lead to asset liquidation.