The king of the memecoins, Dogecoin (DOGE), has been following the general sentiment in the crypto market as it breaks out from a critical level. The token experienced selling pressure on low timeframes but seems poised for further profits.

當加密貨幣市場突破關鍵水平時，模因幣之王狗狗幣（DOGE）一直在關注加密貨幣市場的整體情緒。該代幣在較短的時間內經歷了拋售壓力，但似乎有望獲得進一步的利潤。

As of this writing, Dogecoin (DOGE) trades at $0.078 with a 1% loss in the last 24 hours. Over the previous seven days, the memecoin held 6% in profits, operating as a top performer in the top 10 by market capitalization.

截至撰寫本文時，狗狗幣 (DOGE) 的交易價格為 0.078 美元，在過去 24 小時內下跌了 1%。在過去 7 天裡，memecoin 的利潤為 6%，在市值排名前 10 名中表現最好。

Dogecoin On Route For $0.10? Analyst Makes Bullish Case

狗狗幣售價 0.10 美元？分析師看好

As mentioned, the Dogecoin rally has found hurdles over today’s trading session, with the price returning below the critical level at $0.08. Crypto trader Rekt Capital claims that the recent price action confirmed a bullish trajectory for the token.

如前所述，狗狗幣的反彈在今天的交易時段遇到了障礙，價格回到了 0.08 美元的關鍵水平以下。加密貨幣交易商 Rekt Capital 聲稱，最近的價格走勢證實了該代幣的看漲軌跡。

The chart below shows that Dogecoin completed a path from its yearly lows at $0.052 across October and November. As the bulls pushed upwards, the cryptocurrency broke its descending channel, setting a path towards the area above $0.11, last seen in 2022.

下圖顯示，狗狗幣在 10 月和 11 月完成了從年度低點 0.052 美元的上漲。隨著多頭上漲，加密貨幣突破了下降通道，邁向 0.11 美元上方區域，上次出現在 2022 年。

DOGE Price Likely To Return To All-Time High

DOGE 價格可能會回到歷史高位

A separate report from another crypto trader looks at Dogecoin over high timeframes. The token is close to completing a bigger breakout over its Bitcoin (BTC) trading pair on this horizon.

另一位加密貨幣交易員的另一份報告在較長時間內研究了狗狗幣。該代幣即將完成對其比特幣（BTC）交易對的更大突破。

The analyst cites a series of positive fundamentals for Dogecoin, including its scalability and “low energy consumption” transactions. On the chart above and pointing to the moving average convergence/divergence (MACD) indicator, the analyst stated:

這位分析師列舉了狗狗幣的一系列積極的基本面，包括其可擴展性和「低能耗」交易。在上圖中，分析師指出移動平均線收斂/發散 (MACD) 指標：

In the $DOGE / $BTC trading pair, bullish patterns and indicators have been observed in the higher timeframes. Notably, a falling wedge pattern is evident in the 4-day timeframe, accompanied by a bullish crossover in the MACD indicator.

在 $DOGE / $BTC 交易對中，在較高時間範圍內觀察到看漲模式和指標。值得注意的是，在 4 天時間範圍內，下降楔形形態很明顯，同時 MACD 指標出現看漲交叉。

It remains to be seen if DOGE can return to its 2022 and 2021 high against its Bitcoin and USDT trading pairs. The bullish momentum in the crypto market is holding, albeit with an increase in selling pressure, possibly triggered by speculators taking profit at current levels.

DOGE 相對於比特幣和 USDT 交易對能否回到 2022 年和 2021 年的高點還有待觀察。儘管拋售壓力增加，但加密貨幣市場的看漲勢頭仍在持續，這可能是由投機者在當前水平獲利了結引發的。

Cover image from Unsplash, chart from Tradingview

封面圖片來自 Unsplash，圖表來自 Tradingview