Dogecoin (DOGE), the leading meme cryptocurrency by market capitalization, is poised to emerge as one of the top-performing digital assets in 2024 after days of continued gains closely aligning with bullish sentiments prevailing in the overall market.
狗狗幣 (DOGE) 是市值領先的迷因加密貨幣,經過幾天的持續上漲,與整個市場普遍存在的看漲情緒密切相關,它有望在 2024 年成為表現最好的數位資產之一。
DOGE currently displays the potential of a sustained bullish breakout, supported by technical indicators. Notably, the token has recently witnessed a bullish cross between the 50-week Moving Average (MA) and the 100-week Moving Average, indicating a potential uptrend.
在技術指標的支持下,DOGE 目前顯示出持續看漲突破的潛力。值得注意的是,該代幣最近見證了 50 週移動平均線 (MA) 和 100 週移動平均線之間的看漲交叉,顯示潛在的上升趨勢。
Regarding the next price action, cryptocurrency analyst CredibleCrypto, on March 1, observed that DOGE could be preparing to sustain its gains after the token reclaimed lost lows.
關於下一步的價格走勢,加密貨幣分析師 CredibleCrypto 於 3 月 1 日觀察到,在該代幣收復失地的低點後,DOGE 可能正準備維持其漲勢。
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In a previous Analysis, CredibleCrypto pointed out a possible continuation of the current uptrend if the price rises above a local low of around $0.12. In this case, the Analysis considers the $0.12 position as the key to supporting DOGE in search of new highs.
在先前的分析中,CredibleCrypto 指出,如果價格升至 0.12 美元左右的局部低點之上,當前的上漲趨勢可能會持續。在這種情況下,分析認為 0.12 美元的位置是支持 DOGE 尋找新高的關鍵。
Having reclaimed the lows, the analysts projected that the move could signal a potential increase in buying pressure and a continuation of the uptrend, potentially targeting the $0.16 mark.
收復低點後,分析師預計此舉可能預示著買盤壓力可能增加,上升趨勢將持續,目標可能是 0.16 美元大關。
Impact of history on DOGE’s price
歷史對DOGE價格的影響
Elsewhere, crypto trading expert TradingShot, in a TradingView Analysis on February 29, also projected a highly optimistic outlook for Dogecoin, supported by technical indicators and historical trends.
此外,在技術指標和歷史趨勢的支持下,加密貨幣交易專家 TradingShot 在 2 月 29 日的 TradingView 分析中也對狗狗幣的前景做出了高度樂觀的預測。
The expert noted that Dogecoin’s consistent adherence to ‘Accumulation Phase’ boundaries and formation of MA50 and MA100 have historically triggered rapid rallies. The analysis highlighted that the current timeframe, less than three weeks from completing 1050 days since the all-time high, historically marks the start of the parabolic rally Phase.
專家指出,狗狗幣一貫遵循「累積階段」邊界以及 MA50 和 MA100 的形成,歷來引發了快速反彈。分析強調,目前的時間範圍距離歷史高點結束 1050 天不到三週,歷史上標誌著拋物線反彈階段的開始。
In this context, TradingShot expressed a strong bullish sentiment, setting a target at the 0.786 Fibonacci level of the channel up ($2.000), considered a fair price target with a potential surge to $6.000 in case of market overextension.
在此背景下,TradingShot 表達了強烈的看漲情緒,將目標設定為上升通道的0.786 斐波那契水平(2.000 美元),該目標被認為是一個合理的價格目標,如果市場過度擴張,該目標可能會飆升至6.000 美元。
While Dogecoin is currently experiencing a bullish trend, the sustainability of this momentum is uncertain, given the significant whale activity. Notably, Whale Alert data on February 28 reported a substantial transfer of over 80 million Dogecoin to Binance.
雖然狗狗幣目前正經歷看漲趨勢,但考慮到鯨魚的大量活動,這種勢頭的可持續性尚不確定。值得注意的是,2 月 28 日的 Whale Alert 數據顯示,超過 8,000 萬狗狗幣大量轉移到幣安。
This movement could potentially indicate an intention to sell. The current gains may present an opportunity for profit-taking, potentially negating recent positive market developments.
這一走勢可能表明有意出售。當前的上漲可能會帶來獲利了結的機會,從而可能抵消近期積極的市場發展。
DOGE price analysis
狗狗幣價格分析
By press time, Dogecoin was trading at $0.14 with double-digit gains of about 18% on the daily chart. On the weekly chart, the meme coin is up almost 70%.
截至發稿時,狗狗幣的交易價格為 0.14 美元,日線圖上的兩位數漲幅約為 18%。在周線圖上,Meme 幣上漲了近 70%。
As analysts project sustained gains, the recent price movements of DOGE evoke memories of 2021 when it delivered substantial performance, significantly impacting early investors’ portfolios. If the market rally continues, investor focus will be on the coin’s ability to hit $1.
由於分析師預計 DOGE 將持續上漲,近期的價格走勢讓人想起 2021 年,當時它表現強勁,對早期投資者的投資組合產生了重大影響。如果市場繼續上漲,投資者的注意力將集中在該代幣能否達到 1 美元。
<strong>Disclaimer:strong> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
免責聲明:強> 本網站內容不應被視為投資建議。投資是投機性的。投資時,您的資本面臨風險。
Source: https://thebittimes.com/brace-for-strong-doge-surge-here-s-why-tbt81367.html
資料來源:https://thebittimes.com/brace-for-strong-doge-surge-here-s-why-tbt81367.html