Dogecoin Price Poised for Breakout, Potential Surge to $1

狗狗幣價格有望突破，有可能飆升至 1 美元

The Dogecoin (DOGE) price chart suggests a breakout from a multi-year descending triangle pattern is imminent. This breakout could propel DOGE to as high as $1 and initiate a bull run, according to analysts.

狗狗幣（DOGE）價格圖表表明，多年下降三角形模式即將突破。分析師表示，這項突破可能會將 DOGE 推升至 1 美元並引發多頭市場。

Altcoin Sentiment on the Rise

山寨幣情緒上升

As Bitcoin prepares for its anticipated pump amid Q4, the sentiment surrounding altcoins has also strengthened. Several altcoins, including SUI, FET, ADA, VET, SHIB, have already commenced a rally and are approaching previous highs.

隨著比特幣為第四季度預期的上漲做好準備，圍繞山寨幣的情緒也有所增強。包括 SUI、FET、ADA、VET、SHIB 在內的幾種山寨幣已經開始上漲，並接近先前的高點。

DOGE Bullishness Fueled by Elon Musk

伊隆馬斯克推動 DOGE 看漲

Elon Musk's recent endorsement of Dogecoin as a more "fun" cryptocurrency has sparked excitement within the DOGE community. Musk's previous mentions of the asset have historically triggered price surges.

馬斯克 (Elon Musk) 最近認可狗狗幣是一種更「有趣」的加密貨幣，這在 DOGE 社群中引發了興奮。馬斯克先前提到的資產在歷史上曾引發價格飆升。

Technical Analysis Supports Breakout

技術分析支援突破

The DOGE price chart exhibits bullish signals that support the potential for a massive price pump. The ongoing breakout from the multi-year descending triangle pattern suggests a 200% price increase, followed by a 60% retracement and subsequent bull run.

DOGE 價格圖表顯示看漲訊號，支持大規模價格上漲的潛力。多年下降三角形模式的持續突破表明價格上漲 200%，隨後出現 60% 回撤和隨後的牛市。

Historical Significance

歷史意義

Analysts contend that this may be the final opportunity to acquire DOGE below $0.10 and anticipate the price to hit $1 during the current bull cycle. The magnitude of the expected bull run is projected to be unprecedented.

分析師認為，這可能是在 0.10 美元以下收購 DOGE 的最後機會，並預計在當​​前牛市週期中價格將達到 1 美元。預期多頭市場的規模預計將是前所未有的。

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關於加密新聞之地

This article was originally published on Crypto News Land.

本文原刊於 Crypto News Land。