Dogecoin's Bullish Trend: Analysts Predict Surge to $2.28

狗狗幣的看漲趨勢：分析師預測其價格將飆升至 2.28 美元

Analysts suggest that Dogecoin (DOGE) has entered its third major bullish cycle, exhibiting a pattern that could potentially retrace its historical price movement.

分析師表示，狗狗幣（DOGE）已進入第三個主要看漲週期，展現出可能回溯其歷史價格走勢的模式。

Based on Fibonacci extension levels, analysts forecast a significant increase in Dogecoin's value. The cryptocurrency is projected to rise up to 405%, or around 1.618 Fibonacci extension, which would reach $2.28.

根據斐波那契擴展水平，分析師預測狗狗幣的價值將大幅上漲。該加密貨幣預計將上漲 405%，即 1.618 斐波那契擴展位附近，即達到 2.28 美元。

Confirming the bullish sentiment, an expert's tweet on December 26, 2016, highlighted the consistent trend observed in previous cycles. Expectations this time are notably higher, with forecasts predicting a price increase exceeding 570% from current levels.

一位專家於 2016 年 12 月 26 日發布的推文證實了看漲情緒，強調了先前週期中觀察到的一致趨勢。這次的預期明顯更高，預測價格將比目前水準上漲 570% 以上。

Notably, according to the analyst, Fibonacci levels, particularly the 1.618 point, have acted as a pivotal turning point for financial assets, serving as either a high or low. Its repeated ability to move past (and subsequently below) this level in previous cycles lends credibility to its significance in this cycle.

值得注意的是，根據分析師的說法，斐波那契水平，尤其是 1.618 點，已經成為金融資產的關鍵轉折點，要么是高點，要么是低點。它在先前的周期中反覆突破（隨後低於）這一水平的能力為其在本週期中的重要性提供了可信度。

Current Market Conditions

目前的市場狀況

At press time, Dogecoin was trading at $0.3156, marking a 7.04% decrease over the preceding day. The market capitalization declined by 7.04% to $46.5 billion.

截至發稿，狗狗幣交易價格為 0.3156 美元，較前一交易日下跌 7.04%。市值下降 7.04% 至 465 億美元。

Trading volume over the past 24 hours reached approximately $2.68 billion, representing a 16.98% decrease. This indicates a reduction in trading activity.

過去24小時交易量約26.8億美元，下降16.98%。這表示交易活動減少。

CoinMarketCap data reveals a downward trend in Dogecoin's price over the last 24 hours, dropping from around $0.3395 to $0.316. The price has consistently declined without significant recovery, suggesting bearish sentiment among traders.

CoinMarketCap 數據顯示，狗狗幣的價格在過去 24 小時內呈下降趨勢，從 0.3395 美元左右跌至 0.316 美元。價格持續下跌，但沒有顯著復甦，顯示交易商的看跌情緒。

Short-Term Predictions and Outlook

短期預測與展望

On the hourly Dogecoin/Tether (USDT) chart, the cryptocurrency appears to be consolidating within a narrow trading range. The price action is centered around $0.32, with recent fluctuations contained within a range bounded by $0.318 and $0.324.

在狗狗幣/泰達幣 (USDT) 每小時圖表上，該加密貨幣似乎正在窄幅交易區間內盤整。價格走勢以 0.32 美元為中心，近期波動範圍為 0.318 美元至 0.324 美元。

Despite a notable downtrend, a consolidation phase has ensued. Volume levels remain low, currently at 15.79% compared to previous periods.

儘管出現明顯的下降趨勢，但盤整階段已經到來。成交量水準仍然較低，目前與前期相比為 15.79%。

Reduced trading volume during consolidation often indicates a lack of conviction among buyers and sellers. However, it may also foreshadow a surge in volatility as one side gains dominance. The immediate resistance level is $0.324, while the consolidation zone is situated below this point.

整合期間交易量的減少通常表示買家和賣家缺乏信心。然而，隨著一方佔據主導地位，這也可能預示著波動性的激增。直接阻力位為 0.324 美元，而盤整區域位於該點下方。

Support has formed near the $0.318 level over the past few days, limiting further declines. The range is so tight that a breakout is imminent.

過去幾天，支撐位在 0.318 美元附近形成，限制了進一步的下跌。區間如此狹窄，突破即將到來。

The cryptocurrency exhibits a bearish bias in the short term due to its prolonged consolidation phase. Traders are exercising caution in the absence of higher highs and lower lows compared to the recent trend.

由於其長期盤整階段，加密貨幣在短期內表現出看跌傾向。與近期趨勢相比，由於沒有更高的高點和更低的低點，交易者保持謹慎。

To initiate a bullish reversal, DOGE must surpass the $0.324 resistance level with increased volume. This could attract buyers, propelling the price to newer resistance levels.

要啟動看漲反轉，DOGE 必須突破 0.324 美元的阻力位並增加成交量。這可能會吸引買家，將價格推至新的阻力位。

Conversely, a bearish trend could ensue if Dogecoin breaches the $0.318 support with substantial volume. This could lead to lower price levels and additional testing of support.

相反，如果狗狗幣成交量大幅突破 0.318 美元支撐位，則可能會出現看跌趨勢。這可能會導致價格水準下降和額外的支撐測試。