隨著加密貨幣市場整合，狗狗幣攀升至 27 個月高點

You can also read this news on COINTURK NEWS: Dogecoin Climbs to a 27-Month High as Crypto Market Consolidates

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Crypto currency market is witnessing a consolidation before the halving as evidenced by the narrow range formation in Bitcoin (BTC). While the majority of major altcoins are following the same trend, the leading cryptocurrency Dogecoin (DOGE) reached $0.228, its highest level in 27 months, displaying a significant rise.

加密貨幣市場在減半之前正在經歷盤整，比特幣（BTC）的窄幅波動就證明了這一點。雖然大多數主要山寨幣都遵循相同的趨勢，但領先的加密貨幣狗狗幣（DOGE）達到了 0.228 美元，為 27 個月以來的最高水平，顯示出顯著上漲。

Bitcoin Boosts DOGE’s Performance

比特幣提升了 DOGE 的表現

As we approach April, the month planned for the Bitcoin halving, the market may be preparing for a potential uptrend in the coming weeks. Will the indicated market recovery push the DOGE price to the pivotal $0.3 mark? Dogecoin’s price rebounded after the last correction in the fourth week of March, supported by buyers at the 50-day EMA. This positive turnaround propelled the token to a growth of 86%, rising from $0.122 to $0.21.

隨著四月的臨近，即比特幣計畫減半的月份，市場可能正在為未來幾週的潛在上漲趨勢做準備。市場復甦是否會將 DOGE 價格推至關鍵的 0.3 美元關卡？狗狗幣的價格在 3 月第四周的最後一次調整後反彈，受到 50 日均線買家的支撐。這一積極的轉變推動代幣增長了 86%，從 0.122 美元上漲至 0.21 美元。

The rising price also surpassed the previous peak of $0.192, providing buyers with the next step to extend the recovery. Amid the current market consolidation trend, DOGE’s price is seeing a minor retracement of 8% within 72 hours and is currently trading at $0.21. Dogecoin, with a market value of $30.2 billion, maintains its position as the 8th largest cryptocurrency according to the 21milyon.com website.

上漲的價格也超過了之前的峰值 0.192 美元，為買家提供了下一步延長復甦的機會。在當前的市場整合趨勢中，DOGE 的價格在 72 小時內小幅回撤 8%，目前交易價格為 0.21 美元。根據 21milyon.com 網站的數據，狗狗幣的市值為 302 億美元，維持第八大加密貨幣的地位。

Price Analysis for DOGE

DOGE 價格分析

Furthermore, the analysis of the higher time frame chart indicates a parabolic growth resembling the formation of a round bottom. The chart pattern in Dogecoin can often be considered a sign of the bottom of a downtrend and an opportunity for the emergence of a new bull run.

此外，對較高時間框架圖表的分析表明，拋物線增長類似於圓底的形成。狗狗幣的圖表模式通常可以被視為下降趨勢底部的標誌以及新牛市出現的機會。

The crypto currency market’s expected response to the upcoming halving, in line with historical trends and investor expectations, could align with the formation of Dogecoin’s price rise. With sustained buying, the current uptrend could follow the potential target of $0.3, followed by $0.35 and $0.448. In conclusion, while the crypto currency market is in a consolidation phase with Bitcoin’s narrow range formation before the halving, Dogecoin has shown significant growth, reaching its highest level in 27 months. Dogecoin’s price is indicating a potential uptrend towards a $0.3 target following the correction in the fourth week of March.

加密貨幣市場對即將到來的減半的預期反應，符合歷史趨勢和投資者的預期，可能與狗狗幣價格上漲的形成一致。如果持續買盤，當前的上漲趨勢可能會追隨 0.3 美元的潛在目標，然後是 0.35 美元和 0.448 美元。總而言之，雖然加密貨幣市場正處於比特幣減半前窄幅震蕩的盤整階段，但狗狗幣卻表現出顯著成長，達到 27 個月來的最高水準。狗狗幣的價格表明，繼 3 月第四週的調整之後，狗狗幣的價格可能會上漲至 0.3 美元的目標。