Dogecoin has also benefited from the general crypto market rally, gaining over 7% in the past week. DOGE has settled at the $0.069 price range today, with its market cap above $9 billion, showing its massive adoption. Also, on the weekly chart, DOGE shows signs of a breakout pattern as more buyers continue to accumulate the tokens.

狗狗幣也受惠於加密貨幣市場的整體上漲，過去一周漲幅超過 7%。 DOGE 今天的價格區間為 0.069 美元，其市值超過 90 億美元，顯示出它的廣泛採用。此外，在周線圖上，隨著更多買家繼續累積代幣，DOGE 顯示出突破模式的跡象。

According to crypto analyst Ali Chart, Dogecoin has broken out of a multi-year descending triangle pattern on the weekly chart. The analyst believes this confirms a buy signal for the asset on the weekly timeframe, making its future outlook bullish. 

根據加密貨幣分析師 Ali Chart 的數據，狗狗幣在周線圖上已經突破了多年的下降三角形模式。分析師認為，這證實了該資產在每週時間範圍內的買進訊號，使其未來前景看漲。

DOGE Breaks Out Of Descending Triangle Pattern

DOGE 突破下降三角形形態

DOGE entered a descending triangle pattern from July 2023 as bearish conditions in the market forced a decline. However, the buyers forced a breakout from this pattern in October as the general market moved into an uptrend. 

從 2023 年 7 月開始，由於市場的看跌狀況迫使 DOGE 下跌，因此 DOGE 進入下降三角形形態。然而，隨著整體市場進入上升趨勢，買家在 10 月迫使該模式突破。

Remarkably, DOGE flipped the $0.067 resistance level into support, rallying to the $0.071 resistance level. Furthermore, DOGE has formed two consecutive green candles on the weekly chart, confirming its break out of the descending triangle. 

值得注意的是，DOGE 將 0.067 美元的阻力位轉變為支撐位，反彈至 0.071 美元的阻力位。此外，DOGE在周線圖上連續形成兩根綠色蠟燭，確認其突破下降三角形。

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Additionally, the Relative Strength Index (RSI) displays a value of 51.8 in the neutral zone and moving sideways. It implies that while the buyers are dominant, some traders are beginning to make a profit, leading to a slight decline. However, if the RSI moves to 55, the buyers will likely resume the accumulation phase. 

此外，相對強弱指數 (RSI) 在中性區域顯示值為 51.8，並橫向移動。這意味著雖然買家占主導地位，但一些貿易商開始獲利，導致價格小幅下跌。然而，如果 RSI 升至 55，買家可能會恢復吸籌階段。

Also, the Moving Average Convergence/Divergence (MACD) is above its signal line, displaying a buy signal on the weekly chart. Moreover, the green Histogram bars confirm that the buyers are not yet done with the accumulation of DOGE. If DOGE breaks above the $0.071 resistance level, it will likely continue on its rally in the coming weeks. 

此外，平滑異同移動平均線（MACD）位於其訊號線上方，在周線圖上顯示買入訊號。此外，綠色直方圖條證實買家尚未完成 DOGE 的累積。如果 DOGE 突破 0.071 美元的阻力位，它可能會在未來幾週繼續上漲。

DOGE 的價格目前在日線圖上為 0.69 美元。 |資料來源：來自 TradingView.com 的 DOGEUSD 價格圖表

Whale Movement Aiding Dogecoin’s Price Gains

鯨魚運動幫助狗狗幣價格上漲

According to the crypto tracking platform Whale Alert, a dormant address holding over 5.39 million DOGE tokens valued at $372,461 has been reactivated. Notably, this address remained inactive for almost 10 years, with its last activity in 2013 when DOGE launched in the public market. 

據加密貨幣追蹤平台 Whale Alert 稱，一個持有超過 539 萬個 DOGE 代幣、價​​值 372,461 美元的休眠地址已被重新啟動。值得注意的是，該地址近 10 年來一直處於不活躍狀態，最後一次活躍是在 2013 年 DOGE 在公開市場推出時。

Whale Alert confirmed that this whale transferred 392,000 DOGE to a new blockchain address. Also, a massive 350 million DOGE tokens were transferred to the crypto exchange Robinhood on October 27 from a whale address. 

Whale Alert 證實，這頭鯨魚將 392,000 DOGE 轉移到了新的區塊鏈位址。此外，10 月 27 日，大量 3.5 億 DOGE 代幣從鯨魚地址轉移到加密貨幣交易所 Robinhood。

These transfers are likely aiding Dogecoin’s rally in the past week due to increased on-chain activity. Also, the general price uptick in the crypto market led to a rally for meme coins. 

由於鏈上活動增加，這些轉移可能有助於狗狗幣在過去一周的上漲。此外，加密貨幣市場的整體價格上漲導致了迷因幣的上漲。

Furthermore, Dogecoin’s profile as one of the largest cryptocurrencies by market cap is aiding its price rally. Therefore, DOGE’s uptrend may continue in the coming weeks if the general market sentiment remains positive.

此外，狗狗幣作為市值最大的加密貨幣之一的形像也有助於其價格上漲。因此，如果整體市場情緒保持樂觀，DOGE 的上漲趨勢可能會在未來幾週內持續。