Dogecoin Soars on Election Day

狗狗幣在選舉日飆升

On US Election Day, Dogecoin (DOGE) experienced a significant surge, climbing 11.42% and reaching an intraday high of $0.1669.

美國選舉日當天，狗狗幣（DOGE）大幅上漲，上漲 11.42%，盤中最高可達 0.1669 美元。

Elon Musk's Influence

馬斯克的影響力

Dogecoin's rally was fueled by Elon Musk's mention of the Department of Government Efficiency (D.O.G.E.) during a podcast. This connection has sparked speculation about potential benefits for DOGE if Donald Trump wins the election.

伊隆馬斯克在播客中提到政府效率部（D.O.G.E.）推動了狗狗幣的上漲。這種聯繫引發了人們的猜測，即如果唐納德·川普贏得選舉，DOGE 可能會受益。

Market Trends

市場趨勢

Despite fluctuations in the overall cryptocurrency market, Dogecoin has performed well recently. Other memecoins have also experienced declines, but DOGE has maintained its upward trajectory.

儘管整體加密貨幣市場出現波動，但狗狗幣近期表現良好。其他 memecoin 也經歷了下跌，但 DOGE 保持了上漲的軌跡。

Technical Analysis

技術分析

Dogecoin's technical indicators suggest continued bullish momentum:

狗狗幣的技術指標顯示看漲勢頭持續：

• 9-day moving average crossed above the 21-day average
• Trading above both upper and basis lines of Bollinger Bands
• RSI nearing overbought territory, indicating possible correction
• TD Sequential indicator shows buy signal

Resistance and Support

9日均線穿越21日均線上方交投於布林線上限和基準線上方RSI接近超買區域，顯示可能出現修正TD序貫指標顯示買入訊號阻力和支撐

Resistance is expected around $0.1807, while crucial support lies at $0.1432. A further drop to $0.1235 is also possible.

阻力位預計在 0.1807 美元附近，而關鍵支撐位在 0.1432 美元。也有可能進一步跌至 0.1235 美元。