The world's first meme coin, Dogecoin (DOGE), could be poised for a new yearly high as it rallied over the past three days leading up to October 29. On Tuesday, the digital asset surged 8%, which set the stage for a potential breakout.

世界上第一個模因代幣狗狗幣 (DOGE) 可能會創下年度新高，因為它在 10 月 29 日之前的過去三天裡上漲。突破。

As of October 29, DOGE has been striving to maintain a move above the $0.1756 resistance level. This pushed Dogecoin into a rectangular channel after a brief surge of 15% over a few hours. However, persistent selling pressure caused the token to retreat and reject this level.

截至 10 月 29 日，DOGE 一直努力維持在 0.1756 美元阻力位之上。這使得狗狗幣在幾個小時內短暫飆升 15% 後進入矩形通道。然而，持續的拋售壓力導致代幣回落並拒絕這一水平。

The meme coin has gained 33% since Saturday, October 26, when it bounced off the 100-day Simple Moving Average (SMA). As Dogecoin's buying momentum continues, the token has the potential to surpass its yearly high of $0.2288. However, before reaching that milestone, DOGE must reclaim and hold above the $0.1756 level.

自 10 月 26 日星期六以來，Meme 幣已從 100 天簡單移動平均線 (SMA) 反彈，上漲了 33%。隨著狗狗幣購買勢頭的持續，該代幣有可能突破 0.2288 美元的年度高點。然而，在達到這一里程碑之前，DOGE 必須收回並保持在 0.1756 美元的水平之上。

There is a heightened risk of a price correction for Dogecoin, as indicated by the token's Relative Strength Index (RSI), which currently resides in the overbought zone.

正如該代幣的相對強弱指數 (RSI) 所示，該指數目前位於超買區域，該指數存在較高的價格調整風險。

According to data from reputable crypto metrics platforms, the chances of a price correction are high as over 92% of the token's supply is currently being held in profit. This may prompt crypto investors to partially cash in their profits, which could lead to increased selling pressure on Dogecoin holders.

根據知名加密指標平台的數據，價格調整的可能性很高，因為目前超過 92% 的代幣供應量都處於獲利狀態。這可能會促使加密貨幣投資者兌現部分利潤，這可能導致狗狗幣持有者的拋售壓力增加。

The meme coin's Market Value to Realized Value (MVRV) Ratio is currently at 77%, its highest point in five months. The MVRV is a key indicator of selling pressure, as it calculates the average profit of all holders based on the price at which each token last moved. A high MVRV suggests that DOGE token holders have gained 81% on their initial investment, implying a potential price correction.

Meme 幣的市值與實現價值 (MVRV) 比率目前為 77%，為五個月以來的最高點。 MVRV 是拋售壓力的關鍵指標，因為它根據每個代幣上次變動的價格計算所有持有者的平均利潤。高 MVRV 表明 DOGE 代幣持有者的初始投資已獲得 81% 的收益，這意味著潛在的價格調整。

As Dogecoin's MVRV approaches levels witnessed during the previous meme coin season, crypto traders anticipate a resurgence of the meme coin craze, similar to the one seen in May.

隨著狗狗幣的 MVRV 接近上一個 Meme 幣季節的水平，加密貨幣交易者預計 Meme 幣熱潮將捲土重來，類似於 5 月的情況。

In fact, the entire meme coin sector has experienced a surge of 11%, with tokens such as Dogwifhat (WIF), PEPE, and Shiba Inu (SHIB) witnessing significant gains.

事實上，整個 meme 幣行業經歷了 11% 的飆升，其中 Dogwifhat (WIF)、PEPE 和 Shiba Inu (SHIB) 等代幣漲幅顯著。

As of October 30, Dogecoin trades at $0.1684, down 3.21% over the past 24 hours, while its trading volume has dropped by 33% to $2.75 billion. Currently, the digital asset has a market capitalization of $24.69 billion, representing a 3.42% decline.

截至10月30日，狗狗幣交易價格為0.1,684美元，過去24小時下跌3.21%，交易量則下降33%至27.5億美元。目前，該數位資產市值為246.9億美元，下跌3.42%。